Marketplace

Angie’s List loses less, transitions sales team

The standard  “Isn’t that great, we didn’t lose as much money this quarter!” message was part of yet another Angie’s List earnings call, this one for the third quarter of 2014.  So the Q3 $5 million net loss was far more humdrum than the earnings call discussion of the Indianapolis expansion,  and the changes in sales tactics. The City of Indianapolis and the...

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RentPath gets new half owner, Providence

Providence Equity Partners, which recently sold its way out of the former AutoTrader Group, has converted at least some of that 300 percent profit into partial ownership of rental marketplaces.  We’re not surprised, as we reported on the possibility earlier this month. RentPath owner TPG, a leading global private investment firm, has just agreed to sell half its stake in RentPath and its...

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Yelp adds bookings for hotels, wineries

By way of its one-year-old Yelp Platform for site transactions, the online review giant has gone beyond restaurant reservations to the ability to book hotels and winery tours or tastings. Food delivery options have grown as well, with the collaboration of services by Eat Street, ChowNow and Order.In. Hotel reservations, by Yelp app or desktop, are enabled by Hipmunk. CellarPass collaboration...

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Inman Startup Alley names members

The first eleven innovative startups named to Inman News’ Real Estate Connect NYC Startup Alley have just been named. Here’s the announcement: Inman News Announces the Real Estate Connect NYC Startup Alley Emeryville, CA (October 21, 2014) – Inman News®, the leader in independent real estate and technology news, announced the first 11 companies that will participate in Startup...

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U.K. court decision to raise costs for classifieds?

In what media called a landmark decision, a court in the U.K. ordered Internet providers to block six websites selling counterfeit goods (rip-offs of luxury brands). The case was brought by Richemont, owner and marketer of luxury brands, such as Cartier and Montblanc watches. The court decision may force online marketplaces all over Europe to step up the vetting of listings to keep counterfeit...

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The man behind MercadoLibre

There are many executives who use a brand to become famous. For Argentinian Marcos Galperin, founder of MercadoLibre, “the EBay of Latin America,” it’s exactly the opposite. “We want the company to be famous. The lower our personal profile, the better,” he told BBC News recently. At a young company, which has just turned 15 years old, Marcos Galperin goes to work at...

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