Red ink at Trader Media East

03 Sep 2012
Trader Media East (TME) slipped into the red in the first half of 2012, after narrowly missing the red ink in the same period last year. The LSE-listed company, with headquarters in The Netherlands and operations in Russia and Eastern Europe, reported its first half results today. The picture was distressing. Total revenue dropped by 16 percent from $74 million U.S. in the first half of 2011 to

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Christo Volschenk

Christo Volschenk is managing editor of the news on and our senior analyst covering Naspers. He brings more than 31 years of experience in business journalism to the team - the last 18 years focused on classifieds and e-commerce. Apart from working closely with the AIM Group, Christo is a freelance journalist, content manager, and copy editor. Before branching out on his own, he spent 15 years with Naspers in South Africa as journalist, economics editor and online project manager. He now spends most his day editing the news reported by 23 colleagues in 23 countries from his base in Stuttgart, Germany.