Angela Hawksford | August 25, 2017 | Financials / Deals
The past few years of heavy investment in staff, product and technology has paid off for Trade Me (NZX: TME), New Zealand’s leading online auction site and...
Tom Marling | August 25, 2017 | Financials / Deals
In March, we reported that 58.com had become a strategic investor in Vanke Property Management (万科物业), a partially-owned subsidiary of the major Chinese...
Christo Volschenk | August 25, 2017 | Financials / Deals
At the annual general meeting of Naspers earlier today, chairman Koos Bekker responded for the first time to criticism that Naspers is over-reliant on Tencent, and...
Emre Dalkilic | August 25, 2017 | Financials / Deals
Zingat.com, a real estate site established by Dogus Group and Reidin in Turkey in 2015, landed its first investor – and nothing less than the UAE-based...
Angela Hawksford | August 24, 2017 | Financials / Deals
Ten years after it was founded, profitability finally seems in sight for the Australian rental site Rent.com.au (ASX: RNT), after recording record revenue in its...
AIM Group | August 24, 2017 | Financials / Deals
AutoScout24, a subsidiary of Scout24 AG and operator of AutoScout24, the biggest auto site in Europe and second biggest in Germany, acquired the Austrian used- and...
Adegoke Seun | August 23, 2017 | Financials / Deals
The Nigerian government granted 27 new products and sectors, including e-commerce and classifieds, the option to accept ‘pioneer status’, and then enjoy tax...
Tom Marling | August 23, 2017 | Financials / Deals
Baixing (百姓), China’s second-ranked classifieds horizontal after 58.com (58同城 , NYSE: WUBA), released its earnings report for H1 of FY2017. As with 58.com, Baixing...
Radhika Sachdev | August 23, 2017 | Financials / Deals
Info Edge (India) Limited, owner of a clutch of classified companies, including Naukri.com, Jeevansathi, NaukriGulf.com, 99Acres, and Shiksha.com, posted its...
Kate Rodriguez | August 23, 2017 | Financials / Deals
With the annual general meeting of Naspers shareholders and the board just two days away, shareholder Allan Gray announced it will vote against a pay package for...
Lars Herlin | August 22, 2017 | Financials / Deals
Unofficially, Danish mobile app Tradono, which operates in several countries, has attracted new investors. Nothing has been officially announced yet. Until now,...
Adegoke Seun | August 22, 2017 | Financials / Deals
Jamie Pujara, will reportedly leave BuyRentKenya (photo from his LinkedIn page with thanks) In an as yet undisclosed financial deal, Kenya’s leading property...
Tom Marling | August 22, 2017 | Financials / Deals
58.com (58同城, NYSE: WUBA), yesterday reported its unaudited Q2 and H1 results, showing that 58.com is now back in the black, after a period of consolidation...
Lars Herlin | August 21, 2017 | Financials / Deals
Nasdaq-listed NetJobs Group, the operator of 41 niche job sites in Sweden and Germany, is struggling with sagging revenue. In its Q2 earnings report, the company...
Cila Warncke | August 21, 2017 | Financials / Deals
EMoov.co.uk, an online real estate agent in the U.K., raised £9 million ($11.6 million U.S.) from its existing investors, including Episode 1 VC, Maxfield Capital,...
Tom Marling | August 18, 2017 | Financials / Deals
The proposed merger between global recruitment giant SEEK Limited (ASX: SEK) and China’s leading recruitment site, Zhaopin (智联招聘), remains on track. Both sides...
Cila Warncke | August 18, 2017 | Financials / Deals
Classifieds are using chatbots in a growing number of ways. But will chatbots become the preferred method of handling frequently asked questions (FAQ)?...
Lars Herlin | August 17, 2017 | Financials / Deals
Avito.ru, Russia's leading general classifieds platform, seems to be maturing as a classified site: the rate at which its revenue grows from quarter to quarter is...
Tom Marling | August 17, 2017 | Financials / Deals
Plenty of news arose from the Q2 results presentation of Bitauto (NYSE: BITA), the transaction and financing site for used and new autos, including detail on what...
Angela Hawksford | August 16, 2017 | Financials / Deals
ASX-listed job site Seek (ASX: SEK) pushed its total revenue over the $1-billion AUD ($786 million U.S.) mark in FY2016/17 (to end-June). Roughly 40 percent of all...
Angela Hawksford | August 16, 2017 | Financials / Deals
Real estate group Domain is set to begin trading on the Australian Securities Exchange (ASX) this November, its parent company Fairfax Media (ASX: FXJ) announced...
Kate Rodriguez | August 16, 2017 | Financials / Deals
Experteer, the niche job site focused on senior management with platforms in nine countries, will be taken over by the media conglomerate Medien Union, the online...
Lars Herlin | August 16, 2017 | Financials / Deals
Fifty-one percent of the net asset value (NAV) of Vostok New Ventures comes from Avito. But, the Swedish investment company is invested in several other classified...
Tom Marling | August 15, 2017 | Financials / Deals
58.com (NYSE: WUBA), China’s largest classifieds conglomerate, announced that it will be investing 50 million RMB ($7.5 million U.S.) in a pre-Series A funding...
Radhika Sachdev | August 15, 2017 | Financials / Deals
GoZefo, the Bengaluru-based re-commerce site for used furniture and electronic goods and factory-seconds (unboxed) furniture and electronics, raised about $6...
Brian Blum | August 14, 2017 | Financials / Deals
On August 9, Cars.com reported earnings for the first time as a listed entity. Revenue generated in Q2 of FY2017 was flat compared to the same quarter in FY2016,...
Tom Marling | August 13, 2017 | Financials / Deals
Baixing (百姓网), China’s second-largest classifieds horizontal after 58.com, announced two strategic investments in the hospitality sector. Firstly, Baixing provided...
Kate Rodriguez | August 12, 2017 | Financials / Deals
Mylittlejob GmbH, operator of the job site MyLittleJob.com, raised €3.5 million ($4.1 million U.S.) based on a mid eight-digit valuation, reported EU-Startups...
Angela Hawksford | August 11, 2017 | Financials / Deals
Revenue at Australia’s REA Group (ASX: REA), the real estate business majority-owned by News Corp. (Nasdaq: NWS), climbed 16 percent in FY2017, despite a decline...
Andrzej Sowula | August 11, 2017 | Financials / Deals
The revenue of the internet division of Polish media group Agora SA declined by 0.6 percent and profit by 24 percent in H1 of FY2017 from H1 in FY2016. The...