Stepstone buys nine niche job portals

08 Oct 2013
The consolidation of the German job portal market continued today, with the news that yet another niche player got gobbled up by a big player. The consolation: the niche portals won't be closed down.Stepstone, the job portal in the portfolio of Axel Springer Digital Classifieds (ASDC) with operations in several European countries, acquired the entire YourCareerGroup, operator of nine job porta

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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.