Tariq Ahmed Saeedi | December 09, 2019 | Marketplaces, Financials / Deals
Japanese Internet firm ATeam Inc. (TSE: 3662) saw a 30% year-on-year increase in net income for the first quarter of FY2020. The company reported a net income of Y75 million ($690,000 U.S.), which it attributed to the strong performance of its marketplaces. Founded in...
Alina Zaiets | December 09, 2019 | Marketplaces
Russian classified site Avito has won the right to trademark protection for its brand. On Dec. 5, Russia’s Intellectual Property Rights Court handed down a ruling requiring Rospatent, the Russian Federal Service for Intellectual Property, to provide protection...
Andrzej Sowula | December 09, 2019 | Marketplaces
OLX.pl has introduced several pricing changes in its rentals listings, computer games, electronics and car parts categories. In the real estate rentals category, the price of a single listing was increased from PLN 15 ($4 U.S.) to PLN 19.99 ($5 U.S.) for online...
Rebeka Shaid | December 09, 2019 | Automotive, Marketplaces
Former Daimler CEO Dieter Zetsche has invested in German auto marketplace startup CarOnSale, according to a report by online magazine Gründerszene (in German). It is not known how much the Zetsche invested in the company. Zetsche, a well-known figure in the auto...
Adegoke Seun | December 08, 2019 | Marketplaces
E-commerce and general marketplace site Afrimarket has shutdown operations after six years of operating in five French-speaking African markets. Co-founders Rania Belkahia and Jeremy Stoss disclosed the decision was imposed on them by investors after the withdrawal of...
Greg Spencer | December 06, 2019 | Marketplaces, People on the Move
Yard sale app Letgo has hired Daniel Perelló as vice president of data and analytics. In the newly created role, he will lead a growing team of data experts and business analysts. Perelló (LinkedIn profile) previously held leadership roles at Google and Amazon and...
