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REPORTS

Scout24 maintains healthy balance sheet

Munich-based Scout24 wants to develop “from a classifieds portal to a fully networked digital marketplace,” CEO Tobias Hartmann said on Thursday during the company’s virtual annual general meeting. Scout24 is the operator of property listings marketplace ImmoScout24....

Homeday scores €40M in funding

Berlin-based Homeday, a startup that matches home sellers with real estate agents, has raised €40 million ($45 million U.S.) from two existing investors, Axel Springer and PurpleBricks. This content is part of our business intelligence service. Please click the button...

Xing passes 18M member mark

Xing, the Hamburg-based business network, continues to hold its leading market position in the German-speaking world, beating LinkedIn in terms of active members. For several years, LinkedIn and Xing have been locked in fierce competition for the top spot in...