AIM Group | November 29, 2023 | Automotive, Marketplaces, Financials / Deals
Marketplace specialist Prosus has posted strong growth for its classifieds business unit for the six months to September (H1 FY 2024), driven by European auto...
Patrick Kosmider | November 28, 2023 | Marketplaces, People on the Move
Petra Ehmann (above), the current chief innovation officer of Switzerland-based media company Ringier AG, has been additionally tasked with leading global...
Christine Won | November 28, 2023 | Marketplaces, Niche Marketplaces
South Korea-based general marketplace Joonggonara has launched a new payment feature to let users make purchases on the web. Previously, they were only able to do...
Deb Stowe | November 28, 2023 | Marketplaces, Niche Marketplaces
U.K.-based fashion marketplace Depop is running a series of pop-up shops across several British cities. It has formed a six-month partnership with retail pop-up...
Damian Shore | November 28, 2023 | Automotive, Real Estate, Marketplaces, Financials / Deals
Revenue at the Classifieds division of Spain-based media company Grupo Vocento rose by 5.0% year on year (y-o-y) to €20.7 million ($22.7 million U.S.) during the...
Nik Flegont | November 28, 2023 | Marketplaces, Niche Marketplaces
Russia-based general marketplace Avito has set out to corner the local market in luxury goods after the exodus of foreign brands from the country in the wake of...
Nik Flegont | November 28, 2023 | Marketplaces
Russia-based marketplace Avito has signed up to an AI Code of Ethics developed by the AI Alliance Russia in cooperation with academics in the country. The AI...
Nik Flegont | November 28, 2023 | Marketplaces, Financials / Deals
Russia-based IT giant Yandex, which is owned by the Netherlands-registered Yandex N.V., could be sold in its entirety to a group of Russian investors led by...
Damian Shore | November 27, 2023 | Marketplaces
A rapidly expanding retail chain called CrazyDay Factory has been garnering a lot of coverage in the Spanish media of late. It sells goods returned by customers of...
AIM Group | November 24, 2023 | Marketplaces
Safe Trade Stations, an AIM Group initiative to promote security in person-to-person trades, has notched its biggest win. The New York City Police Department, the...
Jacopo Natali | November 24, 2023 | Marketplaces, Financials / Deals
CompAsia, a Malaysia-based marketplace for used electronic devices, has received new undisclosed funding from a subsidiary of the venture capital firm Gobi...
Nik Flegont | November 24, 2023 | Marketplaces
Russia-based Avito, the world’s top classified marketplace, now lets all users add videos of up to three minutes to their listings. Videos --- which can be...
Damian Shore | November 24, 2023 | Marketplaces, Financials / Deals
Some are skeptical that the Adevinta buyout offer of NOK115/share ($10.69 U.S./share) from a consortium led by investment companies Blackstone and Permira...
Damian Shore | November 24, 2023 | Marketplaces, Financials / Deals
Private credit funds are lending a record €4.5 billion ($4.9 billion U.S.) to back the proposed buyout of Adevinta, with investment company Blackstone on both...
Ignacio Landivar | November 23, 2023 | Automotive, Marketplaces
The leading automotive marketplace in Germany, Adevinta-owned Mobile.de, will expand its operations into the e-bike and pedelec market in 2024. CEO Ajay Bhatia...
Tariq Ahmed Saeedi | November 23, 2023 | Marketplaces, Niche Marketplaces
PopChill, a fashion reseller operating in Taiwan and Hong Kong, has completed more than 30,000 transactions since its launch early last year. PopChill records the...
Nik Flegont | November 23, 2023 | Marketplaces, People on the Move
Former employees of the Armenia-based subsidiary of Russia-based marketplace horizontal Avito have filed a lawsuit against the company with a local court, CNews.ru...
Christine Won | November 23, 2023 | Marketplaces
On Nov. 21, South Korea-based general marketplace Daangn unveiled a dispute-resolution center for c-to-c users. By establishing standards for its six most popular...
Damian Shore | November 23, 2023 | Automotive, Real Estate, Marketplaces
Just before the announcement of a $15 billion take-private offer for Adevinta by a consortium led by Blackstone and Permira earlier this week, Adevinta published...
Dualta Mac Lochlainn | November 23, 2023 | Marketplaces, Niche Marketplaces, Financials / Deals
France-based Upway, which buys, refurbishes and sells electric bicycles (e-bikes), has raised $30 million U.S. in a series B funding round. The round was led by...
Damian Shore | November 22, 2023 | Marketplaces, Intel
Offer comes more than two months after initial proposal Schibsted, EBay, Adevinta’s largest shareholders, enthusiastic Adevinta board publishes mixed view of the...
Greg Spencer | November 22, 2023 | Automotive, Marketplaces, People on the Move
David McMinn has been promoted as CEO of Trader Interactive, a U.S.-based company running marketplaces for powersports, recreational vehicles, aircraft, boats,...
Nik Flegont | November 22, 2023 | Real Estate, Marketplaces, Financials / Deals
Cian, a leading real estate marketplace in Russia, saw revenue grow by 44% year on year (y-o-y) in Q3 2023 to RUB3.2 billion ($33.2 million U.S.), according to its...
Damian Shore | November 22, 2023 | Automotive, Real Estate, Recruitment, Marketplaces, Financials / Deals
Adevinta published its financial results for Q3 2023 two days earlier than planned — on Nov. 21 — after a private equity consortium led by Blackstone...
AIM Group | November 21, 2023 | Marketplaces, Financials / Deals
As expected, major investment houses Permira and Blackstone offered about €14 billion ($15.3 billion U.S.) to take international marketplace company Adevinta...
Damian Shore | November 21, 2023 | Marketplaces
In the run-up to Black Friday and the Christmas shopping season, Spain-based general goods marketplace Wallapop has launched an unusual marketing campaign, setting...
AIM Group | November 21, 2023 | Marketplaces
Zhuanzhuan, a marketplace for trading secondhand goods, has teamed up with e-commerce company Douyinec to launch trade-in service, ‘old-for-new’, reports...
Damian Shore | November 20, 2023 | Real Estate, Marketplaces, Niche Marketplaces
Real estate marketplaces — particularly those focused on second homes — in Spain and elsewhere in the EU will receive a boost if the EU relaxes...
Nik Flegont | November 20, 2023 | Marketplaces
Russia-based Avito has launched a campaign to promote its marketplaces as a secure and safe place to shop. The campaign, which is called “Buy with confidence,” is...
Patrick Kosmider | November 20, 2023 | Marketplaces, People on the Move
Roswitha Brunner (above) has been appointed head of external communications at SMG Swiss Marketplace Group, a JV founded in 2021 by TX Group, Ringier, Mobiliar and...
