World news releases

iProperty Group reports record collections

Malaysian company, IProperty Group (ASX:IPP), reported record collections (revenue actually received) of almost $7.5 million U.S. in Q1 of FY2015, when it released its annual shareholders report this week. The company also reported positive quarterly cash flow and an excellent growth trajectory for the remainder of the year, according to the Finance News Network. Collections, which is marked...

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One Africa Media acquires 100% of Jobberman

One Africa Media (OAM) pushed up its ownership share in Jobberman, Nigeria’s No. 1 recruitment website, to 100 percent and made the founders of Jobberman, Ayodeji Adewunmi, Opeyemi Awoyemi and Olalekan Olude, shareholders and directors of OAM. This comes after Australian-based Seek – the world’s largest online marketplace by market capitalization – injected an additional $10 million U.S....

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Seek Limited invests $10 million in Babajob

Indian blue-collar job site Babajob.com announced this week it had raised a $10 million U.S. investment from Seek Limited (ASX:SEK), the world’s largest online employment marketplace. The funding will focus on developing mobile apps and improving Babajob’s telephony services such as ‘RapidHire’, which drives inbound phone calls from screened candidates to employers in minutes. The...

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InfoEmpleo prepares 18th annual Employment Report

InfoEmpleo.com is conducting research for its 18th annual employment report. The leading Spanish recruitment site is running an online survey to gather information from human resources professionals, employees, candidates seeking working, and freelancers. It is addressing specific questions to each of the four group to compile an overview of the Spanish job market. Human resources professionals...

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Seek increases its stake in One Africa Media

Seek, the world’s largest online jobs marketplace by market capitalization, increased its stake in One Africa Media (OAM), one of Africa’s biggest classifieds players, to 30 percent from 24 percent. It invested $10 million U.S. for the additional 6 percent and a second representative on the OAM board… This content is available to Classified Intelligence Report clients. Want to know...

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Alma Media’s Q1 digital revenue and profit increases

The revenue of Alma Media’s division Digital Consumer Services, which houses the classified business of the company, increased by 6.7 percent in Q1 of FY2015 from Q1 in FY2014. Its operating profit surged by 16 percent. The businesses included in this division are (in Finland) Etuovi.com, Vuokraovi.com, Monster.fi, Autotalli.com, MyyJaOsta.com, Telkku.com, Kotikokki.net, E-kontakti.fi,...

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