Strategy

Altice gets control of Sapo Classifieds

The long battle for control of Portugal Telekom SGPS SA (PT), owner of Sapo Classifieds, seems to have come to an end for telecom group Altice SA, which until now only operated two smaller cable companies (Cabovisão, Oni) in Portugal. Luxembourg-based holding Altice passed the last barrier for control of Portugal Telecom, the Portuguese operation of Brazilian telecom group Oi, when the debt...

Read More

Battle erupts in Germany’s market for local job sites

Earlier this month six regional newspaper publishers bought themselves into Kimeta.de, a big job search engine with a network of 33 technology-licensed, local job sites called RegioPower. They joined three regional newspaper publishers already invested in Kimeta. Together the nine regional publishers scraped together enough shares (55 percent) to control Kimeta and RegioPower. (Look at the...

Read More

TrueCar signs 10k dealers, targets millennials via mobile

Scott Painter, founder and CEO of vehicle valuation firm TrueCar, recently told the Automotive World Congress audience that in the coming week dealers committed to TrueCar will exceed 10,000.  At that point the auto site will have surpassed a long-stated goal of one of every three U.S. new car dealers.  Painter shared important plans focused on selling to millennials by way of...

Read More

Saltside joins Facebook’s “parallel Internet” in Ghana

Internet.org, the initiative of Facebook’s Marc Zuckerberg (and a number of other companies) to connect “the unconnected two-thirds” took a small step forward this week, when it launched in Ghana… This content is available to Classified Intelligence Report clients. Want to know more about becoming a...

Read More

Figaro Group launches real estate vertical

Figaro Classifieds, a subsidiary of France’s major media company Figaro Group, launched a real estate vertical Immobilier.lefigaro.fr earlier this month, which will operate in synergy with France’s top real estate sites Le Particulier and Explorimmo. Explorimmo, which is also owned by Figaro Group, is France’s fifth biggest real estate site with 2.1 million unique monthly visitors,...

Read More

Several strong e-commerce players interested in Ricardo

The leading Swiss newspaper “Tagesanzeiger” whipped the rumor that Naspers wants to sell its Swiss subsidiary Ricardo AG into a frenzy with a report that several players had entered the bidding competition. Naspers reportedly hopes to pocket between 300 and 400 million Swiss francs ($310 to $413 million U.S.), for further investment in emerging markets in Africa and Asia. After...

Read More