Challenges, opportunities for Hong Kong Classifieds
Recent reports by some Hong Kong newspaper groups paint a mixed picture of how they are adapting to changing conditions.
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Tencent still optimistic
Tencent Holdings, operator of QQ, China’s biggest instant messaging service, remains optimistic regarding the impact on its business of slowing economic growth.
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Baidu advertising up
Baidu, operator of China’s biggest Internet search engine, posted a 91 percent increase in third-quarter profit in October after surging Web usage enticed more firms to buy advertising on its site.
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Russia thwarts Google acquisition
Google’s planned acquisition of Russian online advertising company ZAO Begun has been blocked by the country’s federal anti-monopoly service authority (FAS).
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EBay rolling out targeted ads on search result pages
EBay has quietly gone live in Germany and the U.S.—two of its biggest markets—with a search-marketing service for business clients (shop owners) which is bound to make a lot of (positive) waves in months to come
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The Christian Science Monitor to shift to 24/7 online operation, weekly print pub
In April 2009, The Christian Science Monitor will switch from a daily print publication to a weekly schedule.
Xing shrugs off Linkedin challenge
The anticipated battle for market share between German-based business network Xing and its US-based counterpart Linkedin has not left any marks on Xing to date. If anything, it seems to have strengthened it.
Adicio opens Dutch office for European operations
Classifieds software provider Adicio has opened up offices in Haarlem, The Netherlands, just east of Amsterdam, to service the company’s existing European clientele and to lead new business efforts.
NYTimes.com puts videos on Brightcove’s new platform
The New York Times has relaunched its site video on Brightcove’s new high-def, widescreen player, NYTimes.com acknowledged.
Reports: MySpace closing Amsterdam office
Dutch media are reporting that MySpace is closing its Amsterdam office.
Following Italy, EBay enters real estate market in France
EBay France this past week launched “EBay Immo,” a section dedicated to real estate classifieds, with French homes and apartments to sell or rent as well as vacation rentals.
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AdLINK manages network-ad space LoQuo
AdLink Media has signed a deal with EBay’s free-ad LoQuo in Spain to manage the network-advertising space on the classified-ads portal.
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McClatchy income, revenue and classified ad revenues - all down
McClatchy joins the parade of media groups reporting tough news. The company’s Q3 net income from continuing operations came in at only $4.2 million, half of what analysts expected.
Hearst’s Irish bullish on newspapers
But George Irish says the success of local franchises will depend on radically different cost structures, partnerships with competitors, alliances among media companies, and close tracking of consumers’ adoption of technologies.
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Is “group dating” the next big thing in relationship sites?
Group dating site Ignighter allows friends to collaborate on a group profile which the company then matches with other groups to arrange get-togethers in the real world.
Analyst downgrades Canwest
CanWest is in deep trouble, says TD Newcrest, a Canadian advisory firm which has downgraded its rating for the company from “speculative buy” to “reduce.”
Online personals: changing norms, changing business models
Young-at-heart category seeks rich business model for long-term relationship.
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