Daily Deals

Dutch TMG and USG People to launch online job platform

Dutch publisher Telegraaf Media Groep and Europe’s major HR services provider USG People have joined forces to create an online employment platform for recruitment and selection of staff, according to a statement (available here in Dutch). Employers will be able to post job vacancies in both online and print media. The platform that will be launched in Q3 will include tools for management of...

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Rocket Internet buys into niche-y Dutch auto portal

German company Rocket Internet became a shareholder of a niche-y Dutch site Ikwilvanmijnautoaf.nl that allows individuals to sell their car quickly, anonymously and only to certified buyers (we wrote about the site here). Rocket Internet and Prime Ventures became minority interest holders investing €8 million in Dealer Direct, a car company that owns Ikwilvanmijnautoaf.nl, Emerce reported...

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MercadoLibre buys second real estate platform in Mexico

Whoever thought MercadoLibre wouldn’t make any acquisitions last or this year couldn’t be so wrong. The ecommerce giant has acquired Grupo Expansion’s (GEx) real estate platform MetrosCubico in Mexico, GEx announced late on Wednesday. MercadoLibre’s move comes just a few weeks after it decided to buy Brazilian software company KPL Soluções for at least BRL 50...

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Four months to go for OLX brand in Hungary

Following the acquisition of OLX.hu by Schibsted Classified Media, owner of Jófogás.hu, Hungarian media reported the OLX brand will vanish from the market about three to four months from now (here in Hungarian)… This content is available to Classified Intelligence Report clients. Want to know more about becoming a...

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LatAm Autos focuses on local markets

A new player has emerged in the burgeoning Latin American classifieds industry. With operations in six countries – Argentina, Bolivia, Ecuador, Panama, Peru and Mexico – Australian stock exchange listed company LatAm Autos has made a significant investment the local autos segments. “Our long-term goal is to be the dominant number one site in each market,” the company’s...

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Groupon debuts Pages, merchant reviews

The ongoing problem for daily deals veteran Groupon has been keeping enough varied inventory in its deals marketplace. During its Q4 and end-of-year 2014 earnings call Groupon CEO Eric Lefkosky announced the rollout of consumer ratings and reviews by way of its new merchant Pages on Groupon.com. Over the years, Groupon has amassed more than 20 million merchant ratings and tips from customers...

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