by Léo Siqueira | Jan 14, 2021 | Marketplaces, People on the Move
Giancarlo Bonsel, who had been general manager at OLX Group in Portugal for over three years, has left the company, the executive said. “After seven years, my adventure at OLX Group has come to an end,” Giancarlo (LinkedIn profile) said on in a post. Sebastiaan...
by Léo Siqueira | Dec 1, 2020 | Marketplaces, Financials / Deals
OLX-Brazil, a 50/50 joint venture (JV) between Adevinta and Prosus, saw revenues in Q3 rise 5%, year-over-year, in local currency. This content is part of our business intelligence service. Please click the button below to learn more. Subscribe Username or E-mail...
by Léo Siqueira | Nov 30, 2020 | Automotive
Webmotors, a Brazilian automotive vertical, recently launched a campaign to promote electric and hybrid cars. The site, which is owned by Santander and CarSales, will allow individuals to list either electric or hybrid cars for free. Santander will also offer...
by Léo Siqueira | Nov 25, 2020 | Marketplaces, People on the Move
MercadoLibre, an e-commerce and classifieds site operating in several Latin American countries, has named Luciano Avila as the company’s head of Brazil marketplace motors key accounts, the AIM Group has learned. Avila (LinkedIn profile) was the former head of autos at...
by Léo Siqueira | Nov 16, 2020 | Marketplaces, Financials / Deals
MercadoLibre (Nasdaq: Meli), an e-commerce and classified company operating in several Latin American countries, went from a net loss of $66.9 million US in Q3 2019 to post a net income of $52.6 million US in Q3 this year, the company said. This content is part of our...