Strategy

Alibaba opens U.S. data center

Just as EBay gets ready to spin off PayPal, losing 45 percent of its revenue, Alibaba opens a data center in the Silicon Valley.  That’s either an interesting coincidence or a well-timed plan - and we don’t believe in coincidences. Alibaba’s technology arm, Aliyun, will run the center. “For the time being, we are just testing the water,” Aliyun VP Sicheng Yu said, in the...

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Hearst Shkulev Media to buy Rugion

Russia’s large publishing house Hearst Shkulev Media is finalizing the purchase of a majority share in Rugion, which runs an expansive network of sites across 40 of Russia’s rural regions, including classifieds platforms. The purchase, if complete, will make it the 15th regional purchase made by the holding company in the last few years. Although the purchasing sum has not been disclosed,...

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Dealer online-form lead gen worsens

In its latest report of online activity on auto-dealer websites, automotive research firm Dataium reported yet another drop in the number of car and truck shoppers completing online contact forms to reach dealers about vehicles of interest.  In January, a mere 1.9 percent of vehicle shoppers completed these online forms to contact dealers. The report’s infographic below also reveals a...

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Fixed ops next big U.S. auto focus

U.S. auto dealers, for whom fixed operations represent 43 percent of their total revenue, devote a mere 3 percent of their online marketing to this crucial part of their bottom line. Now, two movements threaten to dilute dealer service-department revenue: Online (long-distance) auto sales Cars on the road longer, and long after their warranties have expired Automotive publishers have a huge...

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Autoscout24 owner prepares bid for Auto Trader

The Financial Times reported yesterday that U.S. private equity firm Hellman & Friedman, and owner of Scout24 Group in Germany, is preparing a £2 billion ($3.1 billion U.S.) takeover bid for Auto Trader, the largest auto site in the U.K.. Germany’s Scout24 Group owns, among others, Autoscout24, Germany’s No.2 and Continental Europe’s No. 1  marketplace for used autos. This...

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Four months to go for OLX brand in Hungary

Following the acquisition of OLX.hu by Schibsted Classified Media, owner of Jófogás.hu, Hungarian media reported the OLX brand will vanish from the market about three to four months from now (here in Hungarian)… This content is available to Classified Intelligence Report clients. Want to know more about becoming a...

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