Marketplace

Angie’s List one of ‘most hated stocks’

In the past year, the stock value of service marketplace Angie’s List (NASDAQ: ANGI ) has been cut in half, reported Jim Cramer on his Mad Money stock program.  He called Angie’s List “one of the most hated stocks out there.” As reported by Seeking Alpha, Angie’s List is “fighting to stay relevant. It has a cash flow deficit and a plethora of problems....

Read More

Rumors of Ricardo Switzerland sale linger

For some days now rumors have been doing the rounds in Swiss business media that media company Naspers is considering to sell Switzerland’s leading e-commerce marketplace Ricardo.ch to free capital for further investment in emerging markets in Asia and Africa. Last Friday Bloomberg quoted (here) two inside sources who said Naspers was in “early-stage preparations”, including...

Read More

Allegro Group gets a new PR manager

Naspers’ Allegro Group appointed Michał Bonarowski as a senior PR manager. He will be responsible for creation and implementation of PR strategy for Allegro.pl and selected product categories of the site. Bonarowski is also expected to support the strategic development of Allegro Group PR team competences associated with creating own media. Michał Bonarowski (LinkedIn profile) joined...

Read More

AAA renews with TrueCar

A little over a month after contracting with the National Education Association,  vehicle marketplace TrueCar has signed an agreement that keeps the 30 million members of the American Automobile Association (AAA) into its vehicle-search fold for another three years. Here’s the announcement: AAA Selects TrueCar To Power Its Auto-Buying Program For Over 30 Million Members Through...

Read More

Redfin adds Wisconsin brokerages

Techology-focused real estate brokerage Redfin has just announced two new broker locations – Madison and Milwaukee, Wisconsin. In May, Redfin had said it would move into a total of 46 new U.S. markets. Here’s the newest announcement: Redfin Brings Its Real Estate Brokerage to Madison and Milwaukee, Wisconsin Madison and Milwaukee Homebuyers and Sellers Can Now Work with Redfin...

Read More

Slando.ua rebranded into OLX while Naspers closes OLX portals elsewhere

Starting from September 15, the traffic to Ukraine’s No. 1 generalist site Slando.ua will be redirected to OLX.ua, and the portal will include a Ukrainian version. At the same time, the updated OLX footprint map just saw a number of locations removed. .. This content is available to Classified Intelligence Report clients. Want to know more about becoming a...

Read More