Schibsted is experimenting with blockchain technology. It’s set up a group of developers headed by Fredrik Haga whose official title is Trend Manager Blockchain. The company’s first set of products will probably be aimed towards securing payments in a distribution chain, but the development team has many more plans. Speaking to the AIM Group, Haga (LinkedIn profile) said the group has many ideas and few proofs...
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Recruitment classifieds business NetJobs Group has announced it will replace its CEO, just a week after releasing its disappointing FY2017 results. The AIM Group reported on the company’s results in February, when current CEO Johan Hultgren (LinkedIn profile) wrote that the last quarter was a particular disappointment. He also pointed out that the company’s whole loss was in Germany. Hultgren will be replaced by former Medidoktor...
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Thai property vertical ZmyHome has raised $400,000 U.S. in seed funding from Singapore-based venture capital firm KK Fund, to improve its technology platform and expand its user base in the country The property startup was founded by entrepreneur Natthapon Asswisessiwakul (LinkedIn profile) in 2015. After working at property research and consulting firm CBRE and starting his own brokerage firm, Asswisessiwakul saw potential in property classifieds and started ZmyHome to help people sell, rent and buy houses...
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Recruitment search engine Adzuna.co.uk has announced a partnership with the U.K.’s Office for National Statistics (ONS). Adzuna will provide data on advertised vacancies and salaries in order to enhance the ONS’s expertise on employment trends. According to OnRec news, the partnership is part of an ONS initiative to improve its U.K. labor market data reporting, widen its reach and enhance its source data on job...
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Unilever Nigeria has appointed Chika Nwobi, the leading classifieds entrepreneur in the country, as a non-executive director on its board. Chika Nwobi is founder of Level 5 Lab (L5Lab)– a venture development firm that has incubated several successful African tech companies including Jobberman.com – Africa’s largest online jobs portal and Cheki.com.ng – Nigeria’s leading online cars marketplace. The appointment of the 39 year old technology investor by...
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by Radhika Sachdev
10 Jun 2017
Second-hand cars marketplace, Delhi-based Spinny has raised $1 million U.S. in a fresh round of fundraising led by Blume Ventures, Indian Angel Network and FreeCharge co-founders Kunal Shah and Sandeep Tandon. Last year in June, Spinny had acquired HopCar for an undisclosed amount. Founded in 2015 by IIT Delhi alumni Niraj Singh and Ramanshu Mahaur along with former Flipkart executives Ganesh Pawar and Mohit Gupta, Spinny is a tech-enabled...
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Which classifieds site has the highest conversion rate? How do the users of Autotrader and Cargurus differ? What is the user journey like for someone who is buying a car? These are the questions we challenged Deren Baker, CEO of Jumpshot, to answer when he takes the stage in Miami at the Global Online Classifieds Summit on June 22.
Classified start-ups looking for investments, or capital-raising opportunities within the online classifieds industry, should not miss the chance to be part of Pitch Club at the Global Online Classifieds Summit in Miami on June 22.
Chinese ecommerce giant Alibaba (NYSE: BABA) rolled out new anti-counterfeiting infrastructure in partnership with 20 global consumer goods brands that use its platform, including Louis Vuitton, Huawei and Samsung. The partnership is called the “Big Data Anti-counterfeiting Alliance” – a first in the world – and commits the 20 brands to sharing IP and anti-counterfeiting data with Alibaba, so it can better tackle the proliferation...
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CNBCAfrica.com interviewed Bob van Dijk, CEO of Naspers, in Davos, where he is attending the annual World Economic Forum meeting this week. He had a few interesting views on articifial intelligence (AI), smartphone penetration in Africa, Russia and India and the Naspers strategy with LetGo in the U.S..