Greg Spencer | July 19, 2019 | Recruitment, Financials / Deals
The tech jobs site Built In has concluded a $22 million C-series funding round, vindicating its approach as a city-based, community-focused platform. Updata Partners led the round, with other participants including MATH Venture Partners, the lead investor of the...
Ben Salisbury | July 19, 2019 | Real Estate, Financials / Deals
The parent company of British hybrid real estate agency Easy Property has made an operating loss of £0.3 million ($0.375 million U.S.) in 2018. The initial headline operating loss was £5.3 million, but has been reduced after accounting adjustments were. In 2017,...
Angela Hawksford | July 18, 2019 | Automotive, Financials / Deals
CarBar, an Australia-based subscription car service, has received a $16.8 million AUD ($11.9 million U.S.) cash injection from investors, including Insurance Australia Group (IAG). The capital will be used to fund the company’s national expansion. The funds will give...
Greg Spencer | July 18, 2019 | Real Estate, Financials / Deals
Apartments.com, the biggest rental classifieds unit of CoStar, has announced a workforce restructuring that will eliminate 173 jobs in Atlanta, according to a report by Richmond BizSense. Meanwhile, the company said in a press statement that it will add 100 new sales...
Tom Marling | July 18, 2019 | Marketplaces, Financials / Deals
Shareholders of Taobao and Xianyu-parent Alibaba Group Holding Ltd. (NYSE: BABA) have approved the company’s proposed stock split, clearing a path for the e-commerce giant to go ahead with its secondary listing in Hong Kong. Although Alibaba hasn’t set a...
Léo Siqueira | July 17, 2019 | Automotive, Financials / Deals
Latin America-focused autos vertical LatAm Autos (ASX: LAA) saw cash flows decline 14.4 percent in Q1 to AUD 2.3 million ($1.61 million US). The company said cross-sell revenues from its Motorfy product in Mexico — its core market — rose 62 percent...
