Finland

SanomaVentures invests in Roomlr

SanomaVentures has invested in Roomlr.com, the international search engine for holiday rentals. With a database of 1.4 million locations, Roomlr offers a new and easy alternative for finding a holiday house or apartment anywhere in the world. Roomlr is located in Amsterdam, the Netherlands. The company was founded in 2013 by Bas Lemmens, who was previously involved in Booking.com, Easytobook and...

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Tori.fi and the motivational power of job titles

What would you rather do? Work on a customer support desk, or be a customer happiness developer? If the latter sounds far more exciting (and you speak Finnish) you should head off to Finland. That’s where Schibsted-owned general classified site Tori.fi has a vacancy for a customer happiness developer. The Tori job ad reminded us of the latent motivational power packed in a job title. Maybe...

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Alma Media releases DIY marketing tool Meedio.fi

Alma Media launched a new marketing service called Meedio.fi, which enables users to buy classifieds and small banner ads on Alma Media’s local and regional online newspapers. At launch Meedio wasn’t (yet) enabling classifieds to be bought on Alma Media’s traditional classified sites (Etuovi.com, Autotalli.com etc.). It is connected to Alma’s local and regional online newspapers only,...

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Alma Media acquires a stake in Rantapallo

Finnish media group Alma Media acquired 35 percent of the share capital of leading online travel service Rantapallo Oy and closed its own service. The acquisition of Rantapallo is in line with Alma Media’s strategy of pursuing growth by expanding the Group’s digital service offering. The shares were acquired from TukTuk Media Oy and Verkossa Media Oy. Alma Media also has the...

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Alma Media’s digital business in the black in FY2013

Revenue growth of Alma Media’s division Digital Consumer Services, which houses the classified business of the company, contracted slightly in Q4 of Fy2013. Over the full financial year 2013, the segment’s profit stayed in the black. In Q4 of FY2013 revenue of the Digital Consumer Services segment amounted to €13.8 million (2012: €14.0 million), down 1.2 percent. It was impacted...

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Revenue and profit drop at Sanoma

The net sales and profit of the division Sanoma News (including the classified business Sanoma Digital Finland, with the online auction platform Huuto and marketplace Oikotie) dropped in Q4 of FY2013 for the second quarter in a row, to complete the year below FY2012 levels. In Q4 net sales in this division decreased by 7 percent from €107.6 million in FY2012 to €100 million ($136 million...

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