Asia

New used-auto site launched in India

A new online marketplace for pre-owned autos, called 19miles.com, was launched last week by Prashan Agarwal, co-founder and former executive of real estate site PropTiger.com. Based in Delhi, it will open branches in Mumbai and Bengaluru within the next three months. 19miles.com has the backing of an unknown angel investor. The startup will face strong competition from existing classified...

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Autohome Announces Board Change

Autohome Inc.,operator of one of the main websites for automobile consumers in China, continues to bring new blood into its board of directors. The company, which is listed on the New York Stock Exchange, announced on Jan. 12  the appointment of Liu Junling as an independent director and a member of the audit committee of the board of the company, with immediate effect. Liu Junling is the...

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REA sells HK business to iProperty, strengthens shareholder grip

REA Group has sold its Hong Kong business to iProperty Group, in a deal worth AUD$15 million (US$13.5 million). The sale is subject to iProperty shareholder approval. iProperty will operate REA’s squarefoot.com.hk and its own GoHome.com.hk. Squarefoot also has a printed property magazine that iProperty will take over from REA. REA’s stake in iProperty of 17.2 percent, which it bought...

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New microjob marketplace for Asia’s freelancers

There’s a new online microjob marketplace for Asia’s freelancers. The site’s called 5bux.net and is run by Keokera Online, an internet marketing and technology company based in Singapore. Here’s the full press release from Keokera: Keokera kicks off a microjob marketplace for online freelancers Singapore — (ReleaseWire) — 10/10/2014 — Internet marketing and...

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Indonesia’s TokoBagus rebrands to Olx.co.id

Indonesia’s biggest classifieds site TokoBagus announced its name change to Olx.co.id this week, according to techinasia.com. The company assured users that the only thing changing is the brand and domain name. COO Alif Priyono said, “We are already the largest site for online selling in Indonesia, and becoming Olx.co.id and joining a global brand will help us to extend our lead even...

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Real Estate Channel, Juwai, bring Chinese home buyers, Canadian agents together

  More Canadian Real Estate Agents to Target Chinese Buyers via Real Estate Channel Deal with Juwai.com   (Shanghai, China) – Canadian real estate professionals can now market their listings to Chinese buyers automatically from within a popular industry marketing solution. This results from an exclusive partnership between Canada’s only real estate television network, Real...

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