Christine Won | November 28, 2023 | Marketplaces, Niche Marketplaces
South Korea-based general marketplace Joonggonara has launched a new payment feature to let users make purchases on the web. Previously, they were only able to do...
Ignacio Landivar | November 28, 2023 | Automotive
With consumer interest in electric vehicles continuing to accelerate in Europe, the leading automotive marketplace in Germany, Adevinta-owned Mobile.de, has added...
Deb Stowe | November 28, 2023 | Marketplaces, Niche Marketplaces, Financials / Deals
Luxury resale marketplace The RealReal posted total revenue of $133 million in Q3 of this year, down by 7% year on year. Its gross merchandise value (GMV) also...
Deb Stowe | November 28, 2023 | Marketplaces, Niche Marketplaces
Luxury marketplace Vestiaire Collective is extending its ban on fast fashion to include 30 more retailers in a move that coincides with Black Friday. Abercrombie...
Damian Shore | November 28, 2023 | Niche Marketplaces
Retail giant Ikea continues to step up its efforts in used furniture — at least in Spain. There are now thousands of secondhand items listed on a dedicated...
Ben Salisbury | November 28, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Rightmove has outlined plans to grow its business by 170% over the next five years and reach revenue of £600 million and £420 million in EBITDA by 2028. At its...
Deb Stowe | November 28, 2023 | Marketplaces, Niche Marketplaces
U.K.-based fashion marketplace Depop is running a series of pop-up shops across several British cities. It has formed a six-month partnership with retail pop-up...
Christine Won | November 28, 2023 | Automotive, Financials / Deals
South Korea-based Lotte Rental is to purchase an additional 587,413 shares in Socar — its main competitor — for KRW26.5 billion ($20.5 billion U.S.),...
Nik Flegont | November 28, 2023 | Marketplaces, Niche Marketplaces
Russia-based general marketplace Avito has set out to corner the local market in luxury goods after the exodus of foreign brands from the country in the wake of...
Nik Flegont | November 28, 2023 | Marketplaces, Financials / Deals
Russia-based IT giant Yandex, which is owned by the Netherlands-registered Yandex N.V., could be sold in its entirety to a group of Russian investors led by...
AIM Group | November 27, 2023 | Real Estate, Financials / Deals
Canada-based proptech companies have raised more than CA$1.5 billion since June 2022 with more than 30 funding rounds exceeding CA$10 million each, according to a...
Tariq Ahmed Saeedi | November 27, 2023 | Marketplaces, Niche Marketplaces
Japan-based Mercari has teamed up with the country’s leading luxury reseller Komehyo to sell secondhand premium brands from its e-shop. Under the agreement, more...
Tariq Ahmed Saeedi | November 27, 2023 | Automotive, Financials / Deals
Just a couple of months after Turkish government approved the acquisition of horizontal marketplace LetGo Turkey and its car-buying business OtoPlus by...
Ben Salisbury | November 27, 2023 | Automotive, Digital Auto Retail
U.K.-based dealer facing EBay Motors Group and its consumer website Motors.co.uk have become a single brand called Motors. The business will continue to provide...
Damian Shore | November 27, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Ireland-based Offr, which offers white-label technology for estate agents that shows live bids on a property, has raised €2.1 million ($2.3 million) in funding,...
Damian Shore | November 27, 2023 | Marketplaces
A rapidly expanding retail chain called CrazyDay Factory has been garnering a lot of coverage in the Spanish media of late. It sells goods returned by customers of...
Damian Shore | November 27, 2023 | Automotive, Niche Marketplaces, Financials / Deals
Spain-based Cüimo, a marketplace dedicated to buying and selling motorcycles, has raised €900,000 ($985,000 U.S.) in a funding round led by investment company...
Damian Shore | November 27, 2023 | Real Estate
Since its launch last year, Offers by Daft --- a free online auction service provided by Ireland-based real estate marketplace Daft.ie --- has seen a total of...
AIM Group | November 24, 2023 | Recruitment
Taiwan-based recruitment marketplace CakeResume has started tagging ‘responsive employer badge’ to listings based on employer’s agility to screen and reply job...
AIM Group | November 24, 2023 | Marketplaces
Safe Trade Stations, an AIM Group initiative to promote security in person-to-person trades, has notched its biggest win. The New York City Police Department, the...
Ben Salisbury | November 24, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
A leading investment bank has outlined potential issues facing Rightmove’s market position following CoStar Group’s offer for and potential acquisition of...
Jacopo Natali | November 24, 2023 | Marketplaces, Financials / Deals
CompAsia, a Malaysia-based marketplace for used electronic devices, has received new undisclosed funding from a subsidiary of the venture capital firm Gobi...
Prabhu | November 24, 2023 | Automotive, Digital Auto Retail
Used-car marketplace Cars24 has launched a vehicle scrappage initiative, offering customers incentives including a road-tax discount. Join now to access the full...
Nik Flegont | November 24, 2023 | Marketplaces
Russia-based Avito, the world’s top classified marketplace, now lets all users add videos of up to three minutes to their listings. Videos --- which can be...
Damian Shore | November 24, 2023 | Marketplaces, Financials / Deals
Private credit funds are lending a record €4.5 billion ($4.9 billion U.S.) to back the proposed buyout of Adevinta, with investment company Blackstone on both...
Tariq Ahmed Saeedi | November 23, 2023 | Recruitment, Financials / Deals
Tokyo-based financials service company SBI Holdings has acquired minority shareholdings in job sites operator MyNavi Corporation. While the amount involved in the...
Tariq Ahmed Saeedi | November 23, 2023 | Marketplaces, Niche Marketplaces
PopChill, a fashion reseller operating in Taiwan and Hong Kong, has completed more than 30,000 transactions since its launch early last year. PopChill records the...
Dualta Mac Lochlainn | November 23, 2023 | Marketplaces, Niche Marketplaces, Financials / Deals
France-based Upway, which buys, refurbishes and sells electric bicycles (e-bikes), has raised $30 million U.S. in a series B funding round. The round was led by...
Damian Shore | November 22, 2023 | Marketplaces, Intel
Offer comes more than two months after initial proposal Schibsted, EBay, Adevinta’s largest shareholders, enthusiastic Adevinta board publishes mixed view of the...
Damian Shore | November 22, 2023 | Automotive, Intel
Deal with Hyundai will allow dealers to list cars on Amazon.com Announcement suggests more automakers will join in future Cars.com, TrueCar, Carvana all see share...
