Market statistics

Rightmove grows revenue and market share

In the first six months of the current financial year Rightmove, the U.K.’s largest real estate site, grabbed market share from its competitors with the strong financial performance summarized below. Revenue grew to £93.1 million ($145.4 million U.S.) from £80.4 million (+16 percent on the previous year), driven by growth in spend on additional advertising products and packages, as well...

Read More

In Turkey marketplaces grow faster than total ecommerce

According to the 2015 edition of the research report “Size of the e-commerce market in Turkey”, the ecommerce market grew 35 percent in 2014 to 18.9 billion TL ($6.9 billion U.S.). The report was published the first time in 2014 by the Turkish IT Foundation (Tubisad). With revenue growth of 62 percent, the sub-section online marketplaces grew the fastest of all sub-sections of ecommerce...

Read More

U.K. government wants AirBnb, EBay, Gumtree and Amazon data

The U.K. government issued a consultation document, titled ‘Tackling the hidden economy: Extension of data gathering powers’, that proposes legislative changes to the way it collects data from business intermediaries, electronic payment providers and individuals or businesses using these channels. The proposed changes are aimed at giving HM Revenue & Customs (HMRC) powers to...

Read More

Net ads to dominate by 2019

Internet advertising will account for more than 50 percent of the total Australian advertising market by 2019, according to a recent Australian Entertainment and Media Outlook report by PricewaterhouseCoopers (PwC). While the total advertising market is predicted to grow by 4.8 percent from $35.4 billion in 2014 to $43.4 billion by 2019, internet advertising was tipped to outpace this overall ad...

Read More

U.K. budget hits landlords, boosts home builders

Last week the Bank of England warned the boom in the buy-to-let market posed a risk to the financial stability of the country, driving up house prices and reducing the supply of homes available for first-time buyers. In an attempt to stabilize the economic risk posed by investors streaming into the buy-to-let market, Chancellor George Osborne announced last week, that he will reduce mortgage...

Read More

Avito also most-visited auto site in Russia

Avito.ru, Russia’s leading general classifieds site, released web traffic statistics for its auto segment of the site, which confirmed that it is also the most-visited auto classifieds site in the country. Avito has long been competing against verticals with its segments, particularly its auto and real estate segments. But, the company never released statistics by segment. Finally, however,...

Read More