World news releases

Johnston Press announces strong digital growth in Q3

Autos and recruitment continue to lead year-on-year digital growth at Johnston Press, increasing advertising revenue by 79 percent and eleven percent, respectively, for the three months running up to Oct. 18. In an interim statement issued this morning, Johnston said digital revenue was up 51 percent y-on-y, and overall advertising losses narrowed y-on-y from being down 4.6 percent in H1 of...

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Micro-jobbing takes off in South Africa

Money for Jam (M4JAM) has taken off in South Africa, and according to co-founder and CEO Andre Hugo, the company has been signing up about 1,200 users a day. The platform, which launched in August 2014 (our report here), already has more than 50,000 active “jobbers”, who together have earned more than R845,000 ($78,000 U.S.), he said. M4JAM is a way for South Africans to get...

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Auto dealers need to wake up to online – Gumtree SA

Jeff Osborne, head of automotive at general classifieds giant Gumtree in South Africa, said local auto dealers should switch from a “feet-through-the-door” mentality to an “eyes-to-the-site” mentality. “I realized early on that these platforms were great for the average consumer. For them the sites opened up a world of choice, a way to compare prices easily, and a way to make...

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Opensooq app downloaded two million times

Opensooq.com, the Arabic general classifieds platform, said its mobile app has been downloaded more than two million times in its first year of operation, making it the largest mobile classifieds app in the Middle East and North Africa region. Jordan-based Opensooq.com, which is owned by the iMENA group, first launched its mobile application for Apple and Android smartphones in October last year...

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Egypt’s Jobzella gets funds for Gulf countries

Egypt’s Jobzella.com, which dubs itself as the only site offering job and course aggregation services in Arabic, English and Croatian, received a substantial second round of funding from an unnamed Saudi investor for its expansion into the Gulf region, more specifically Saudi Arabia, Kuwait, United Arab Emirates and Qatar, said Jobzella CEO Nader El-Batrawi. In it’s first round of...

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Sanoma’s Q3 online revenue grows in Finland; declines in Netherlands

The online and mobile revenue of Sanoma’s Consumer Business segment (including the classified businesses in Finland and the Netherlands, with the online auction platform Huuto and marketplace Oikotie) continued to grow in Finland, but declined sligthly in the Netherlands in Q3 FY2014 from the same period last year. The net sales of the online and mobile businesses of Sanoma in Finland amounted...

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