Louisa Steyl | June 18, 2019 | Financials / Deals
Naspers has announced in a trading statement that it expects core headline earning to increase by 31 or 33 percent for the year ended March 30, 2019. The South African media giant is expected to release its summarised consolidated financial results on Friday. The...
Tom Marling | June 18, 2019 | Marketplaces, Financials / Deals
Chinese internet giant Tencent has led a $160 million U.S. Series D round in b-to-b platform Zhenkunhang, Dealstreet Asia has reported. The investment was joined by Matrix Partners China, supply chain-focused Eastern Bell Capital, growth-stage investment fund Genesis...
Greg Spencer | June 17, 2019 | Recruitment, Financials / Deals
Israel-based freelance platform Fiverr enjoyed an auspicious IPO, with share prices climbing 90 percent during its first day of trading: from $21 to $39.90 per share. This content is part of our business intelligence service. Please click the button below to learn...
Tom Marling | June 17, 2019 | Real Estate, Financials / Deals
Chinese rental property provider Ziroom is reportedly completing a $500 million series B funding round, led by existing investor New York-based General Atlantic, according to a report in Mingtiandi.com. The funding — along with a similarly sized round for rival...
Tom Marling | June 17, 2019 | Real Estate, Financials / Deals
Floundering Chinese property site Fang.com (NYSE: SFUN) is continuing its free fall in 2019. Fang reported total revenues of $51.9 million U.S. in Q1 2019 — a 20 percent year-over-year decrease. Operating loss for the quarter was $2 million U.S. Fang’s...
Greg Spencer | June 17, 2019 | Recruitment, Financials / Deals
Job.com, a “passive” recruitment platform that allows job-seekers to register and wait for job offers, has tied up with JazzHR — an applicant-tracking service catering to small businesses. The collaboration combines JazzHR’s recruitment tools with Job.com’s...
