United Kingdom

Apax buys Idealista shares from Tiger Global

Apax Partners invested an undisclosed sum for a stake in top Spanish real estate classified platform Idealista.com. The London-based private equity advisor purchased the Idealista shares held by Tiger Global Management, Kutxabank and Bonsai Venture Capital. This is yet another exit from… This content is available to Classified Intelligence Report clients. Want to know more about becoming a...

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NYC micro-local classifieds site opens

Focusing on a building or a neighborhood, Tenant King is now available in five neighborhoods in Manhattan and Long Island City, according to ALLEYWATCH. The company has 400 buildings on  its platform which covers one of the hottest and most exclusive rental markets in the world. Each user is verified before being allowed onto the site. The company was co-founded by CEO Mihkel Noormagi, who...

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Auto Trader U.K. shares soar on floatation

Auto Trader U.K.’s shares soared on their first day of conditional trading on the London Stock Exchange (LSE) yesterday. From an initial public offering (IPO) price of £2.35 per share ($3.46 U.S.), which valued the company at £2.35 billion, the share took just a quarter of an hour to hit £2.65, before closing at £2.56, an increase of nearly nine percent on the IPO price. Floating 59...

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Motors.co.uk launches TV campaign

After what it claims was its best year to date, British auto listings site Motors.co.uk is looking to build on its improved brand awareness and raise the profile of its ‘Smart Search’ tool through a new national television campaign. Last year the site ran a nationwide television campaign about the ‘Carfuffe’ of finding a vehicle (the term is a joke on the word...

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Trinity Mirror reports small drop in classifieds revenue

At Trinity Mirror revenue from digital classifieds was slightly down in FY2014. The U.K. media group released its annual results earlier this week. A four percent fall year-on-year was recorded by the general publishing division, which houses national jobs site Fish4Jobs (with all its sub-sites) since FY2014. And the specialist digital division, which houses many niche job sites (here and...

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Totaljobs launches new global talent tool

In the U.K. Totaljobs announced the launch of an online tool aimed at enabling British employers and recruiters to better understand how, where and why talent moves around the world. The Decoding Global Talent tool is based on research of more than 200,000 people across 189 countries and was carried out by The Boston Consulting Group (BCG) in conjunction with The Network, a global alliance of...

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