Tariq Ahmed Saeedi | January 24, 2020 | Marketplaces, Financials / Deals
Japanese general marketplace Mercari has acquired payment app Origami for an undisclosed amount. The acquisition aims to beef up Mercari’s year-old mobile payment service Merpay, which previously competed with Origami. Tokyo-based Origami Inc. launched its mobile...
Rebeka Shaid | January 24, 2020 | Marketplaces, Financials / Deals
German media group Axel Springer plans to delist from the Frankfurt Stock Exchange following a takeover by U.S. investor KKR, the company announced in a news release. Springer has been listed on the stock exchange since 1985. The company says that going private will...
Luigi Serenelli | January 23, 2020 | Marketplaces, People on the Move
TX Markets, the classifieds and marketplaces unit of TX Group, has appointed Terje Seljeseth to its Board of Directors. Seljeseth (LinkedIn profile) is expert in the field of online classifieds and marketplaces internationally. He was previously CEO of Classifieds...
Andrzej Sowula | January 23, 2020 | Marketplaces
Allegro, the leading Polish b-to-c marketplace, has hired the entire former team of FinAI, a fintech startup that offered loan intermediation products. FinAi was launched in 2018 to mediate in the online sale of financial products. The company ceased operations last...
Angela Hawksford | January 22, 2020 | Marketplaces, Financials / Deals
New Zealand-based Trade Me has sold its life insurance business, LifeDirect, to former Trade Me owner Mark Solomon for an undisclosed sum. Trade Me CEO Anders Skoe told local media that LifeDirect, which Trade Me acquired in 2013, was no longer the right fit for the...
Greg Spencer | January 22, 2020 | Marketplaces, Financials / Deals
Legacy.com, Inc., a U.S.-based obituary publisher, has acquired IPublish Media Solutions, a self-serve platform that places obituaries and other announcements in U.S. newspapers. The companies will continue to run separately but will integrate certain services across...
