by Lars Herlin | Mar 5, 2021 | Marketplaces
Hemnet, the Swedish real estate portal, has cuts its kickback to real estate agents from 50% to 30% for a standard ad. The site started to charge for ads in 2013. But after an uproar from agents, the company began paying agents a 50% commission on proceeds from the...
by Lars Herlin | Mar 3, 2021 | Marketplaces, Financials / Deals
Hemnet, the leading Swedish real estate portal, is planning to go public on Nasdaq Stockholm in a deal that could be worth $1.2 billion U.S. The IPO could happen as soon as April, according to Swedish business newspaper Dagens Industri. Hemnet has had several...
by Lars Herlin | Mar 1, 2021 | Recruitment, Financials / Deals
NetJobs Group, an operator of several niche recruitment portals in Sweden and Germany, is having liquidity issues. The company's management reported Friday that the company was struggling to maintain liquidity, a trend that began long before the pandemic. This...
by Lars Herlin | Feb 25, 2021 | Marketplaces, Financials / Deals
Lauritz.com, the crisis-ridden Danish auction group, said in its fourth quarter report that it plans to resume payments on interest for its bond debt, which currently stands at SEK 156 million ($19 million U.S.) The company is currently exploring m-and-a options in...
by Lars Herlin | Feb 23, 2021 | Marketplaces, Financials / Deals
JobIndex, the leading commercial recruitment site in Denmark, posted the highest of its 25 year history in the fourth quarter of 2020. The trend carried on into the first two months of 2021, according to the company. This content is part of our business intelligence...
