Market statistics

TrueCar dealers sell 2 million vehicles

TrueCar, Inc. (NASDAQ: TRUE), the negotiation-free mobile marketplace, announced that over 2 million vehicles have been bought from TrueCar Certified Dealers in sales originating from its platform, according to PRNewswire. Some $50 billion in vehicles have been sold since the company opened in 2005. “It took eight years to hit the 1 million sales mark, and 19 months for the second...

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Gannett / Tegna Digital view: Up, up, up

Profit margins are great at Cars.com, pretty damned good at CareerBuilder.com, and growth at both companies is expected to be in the double digits for the next three years. Tegna, the spinoff from Gannett that will operate both companies when the corporate split is completed next week, provided guidance on both of its major digital units in an investor presentation yesterday. Gannett bought out...

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Besedo releases new content-quality test result (Updated)

Content moderator Besedo released the results of its second content-quality test of 2015 conducted on 19 general classifieds platforms around the world. The results of the second test are just as interesting as those of the first test. In fact, they are a must-study. Also, because Besedo now presents the results in a very nice, simple format, together with its main conclusions drawn from the...

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Millennials drive online property hunt in emerging markets

Tech-savvy millennials (people born just before, or after 2000) are influencing the development of real estate in emerging markets, driving the search for new properties online, according to new research from global real estate site Lamudi. Lamudi’s online data reveals that the majority of users accessing the real estate site to date in 2015 are in the age bracket of 18 to 34 year. The...

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DoneDeal.ie grows 215% in five years

DoneDeal, Ireland’s largest general classifieds site, commissioned a report ‘Second Hand Ireland’ by David McWilliams, which highlights changing consumer habits and reveals that the buying and selling of previously owned items in Ireland is now worth an annual €4.5 billion ($4.9 billion U.S.). According to McWilliams, used-goods trade grew seven times faster in the past five years than...

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Lamudi detects positive price trends

Rocket Internet-owned real estate site Lamudi released its Q1 2015 real estate price reports on trends in real estate prices in eight countries across Asia, Africa, the Middle East and Latin America. The eight countries considered were Bangladesh, Indonesia, Ivory Coast, Kenya, Mauritius, Mexico, Pakistan, and Qatar. The reports break down and analyze the pricing of houses, apartments,...

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