Uncategorized

ListHub owner Move Inc. buys Point2

As competitors Zillow and Trulia prepare to team up, Move Inc., owner of Realtor.com,  fights back with a powerful collaboration of its own.  Move is acquiring Point2 – or at least the listing syndication portion of it. Point2 is the primary competitor of Move’s ListHub listing syndication service. Point2 works with 112 multiple listing services (MLSs) for a database of about...

Read More

Gannett gets ok to buy all of CV, Cars.com

The A.H. Belo Corp., McClatchy Co., Tribune and Graham Holdings will all have good financial results during Q4 of this year, if all goes according to plan with Gannett’s acquisition of the shares of Classified Ventures that it does not own. Gannett announced Wednesday that federal regulators had approved the acquisition, and that it has been scheduled to close on Oct. 1. Of course, that’s the...

Read More

Carmudi drives into volatile Congo

Like it’s undefined strategy to go where there’s less competition, Rocket Internet — the largest incubator outside the U.S. and China and headquartered in Berlin — recently launched operations in volatile Congo, where no player has yet to tread. Why is Congo volatile? According to a BBC Timeline, in June 2010 prominent human rights advocate Floribert Chebeya was found dead...

Read More

Greenlight for Swisscom´s takeover of Publigroupe

The takeover of Publigroupe by Swiss national telecom operator Swisscom is cut and dried: Swisscom announced that its public takeover bid to acquire digital marketing and media group Publigroupe has been successful and is approved by the Swiss Competition Commission. At the end of the extended period for acceptance of the takeover, the 25th of August, Swisscom has increased its stake in...

Read More

After slump, SEEK expects growth

Australian online recruitment company Seek Ltd. (SEK.AU) expects solid revenue and earnings growth in the coming year, after a 35 percent slump in net profit in the past fiscal year, according to MarketWatch.com. Last  year’s slump came  after an accounting gain the previous year. Earnings in the coming year are expected to be boosted by a mix of organic growth and the benefit of...

Read More

Monster, CareerBuilder, Dice challenged to ice-bucket drop for ALS Association

The ALS ice-bucket challenge has spread to the recruitment-site industry, in a most unusual way. Gigats.com, a recruitment site based in Orlando and owned by Softrock, a software and educational-referral company, has challenged Monster Worldwide, CareerBuilder and Dice.com to dump ice-water on the heads of CEOs Sal Iannuzzi, Matt Ferguson and Mike Durney (respectively) or to donate $100 per...

Read More