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58.com launches new loan product

Chinese classifieds giant 58.com (NYSE: WUBA) has launched a new loan platform for 58.com users called HaoJie. The site is currently available in desktop and app versions and allows users between the ages of 18 and 55 to apply for a personal loan of up to 30,000 RMB ($4.32 million U.S.).

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Scout24 (Switzerland) names new autos chief in executive shakeup

Scout24 (Switzerland) names new autos chief in executive shakeup

Scout24 Switzerland AG, operator of leading autos and real estate verticals in Switzerland, shook up its top ranks today with the exits of Christoph Aebi and Patrick Hagi, as CEO Gilles Despas assembles his new executive leadership team. The shakeup comes as the company sharpens its strategic orientation and sets ambitious business and growth targets.

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New Alibaba division valued at $30bn

Chinese e-commerce giant Alibaba Group Holdings’ (NYSE: BABA) newly formed on-demand online services unit has rocketed in value to as much as $30 billion U.S. after raising $4 billion U.S. in fresh funds.

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Robert Walters expands services in Switzerland

Robert Walters expands services in Switzerland

Robert Walters' Switzerland subsidiary, Robert Walters Switzerland AG, has opened an office in Geneva following demand for mid to senior professional candidates in the area. The company plans to evolve its offering in Switzerland to be more local and specialised to companies and candidates. 

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Fernando Pinheiro leaves CarZar

Fernando Pinheiro leaves CarZar

In South Africa, CarZar co-founder and former managing director Fernando Pinheiro has quietly left the company. He's been serving as the interim COO of Brazil-based fintech start-up FinPass since July. 

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OLX Pakistan migrates to new technology

OLX Pakistan migrates to new technology

Naspers-owned OLX Pakistan has got a new look along with a migration from its decade-old technology to help its team meet "aggressive" revenue targets ahead, people familiar with the matter told the AIM Group.



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