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Ringier poaches from Naspers in Nigeria

Ady.ng, the general classifieds platform of Ringier in Nigeria, poached an “old hand” from competitor OLX Nigeria. Olushola Adegbuyi (photo), started at Ady.ng as operational manager in October. Previously she worked at Naspers’ general classifieds site Dealfish, which later became OLX. She joined Dealfish as customer service manager in December 2011 and switched to OLX Nigeria...

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CareerBuilder, G/O Digital, boost Gannett revenue

With the help of a successful CareerBuilder sales team, classified advertising revenues in Gannett’s publisher segment actually fared better then either its retail or national ad dollars.  In the U.S., classified revenue dropped 4.9 percent year-over-year, and including Newsquest, dropped 2.5 percent. Gannett recruitment revenue generated by CareerBuilder advertising sales increased 7...

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2014 Recruitment Advertising Annual: The rise of the aggregators

2014 Recruitment Advertising Annual: The rise of the aggregators ALTAMONTE SPRINGS, Fla. — Four major factors, including social recruitment and mobile recruitment, are changing the way employers search for qualified candidates and job-seekers hunt for new opportunities, the AIM Group reports. In a special edition of Classified Intelligence Report released today, “2014 Recruitment...

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Tiger Global invests $30 mil. for mobile

A day after Tiger Global Management LLC was reported to be in the process of raising a $1.5 billion fund, the New York-based part hedge fund/part private equity firm was back in the headlines in India last week for pumping $30 million into the Indian real estate search and classifieds website, Commonfloor.com. With this fifth round of funding, Commonfloor.com has raised more than $50 million...

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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...

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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...

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