No end to classifieds victory march at Axel Springer

10 Mar 2017

Germany’s Axel Springer released its results for FY2016 yesterday, and the overall message was unchanged from the nine-month period (our report here), namely the division classifieds was the star performer in the financial year. In fact, it was the only division to grow its revenue in FY2016.

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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.