Mercari uses KajiTaku’s housekeeping service
Flea market app Mercari has partnered with Tokyo-based housekeeping service KajiTaku to scout for unwanted merchandise lying hidden in houses, in a bid to ramp up listings on its marketplace.
Marketplace
Bidding war erupts for Trade Me
A bidding war has erupted for Kiwi marketplace Trade Me, with U.S.-based Hellman & Friedman throwing its hat in the ring to buy the site for $6.45 NZD a share.
Fixly enhances service selection
Polish services vertical Fixly.pl has extended the list of services available in its four main categories: Construction and renovation, Electrician, Plumber, and Furniture.
JD.com’s PaiPai surges during Singles’ Day
Google-backed e-commerce giant JD.com’s c-to-b-to-c used goods platform PaiPai saw sales surge during its Singles' Day promotion. The site's used goods general manager Wang Yongliang 王永良 confirmed that sales for the promotional period (November 1-11) were up 254 percent over 2017.
Zhuan Zhuan CEO: over 10 million sellers
Zhuan Zhuan, the c-to-c used general goods platform incubated by Chinese classifieds giant 58.com (NYSE: WUBA), now has more sellers than one of the country's oldest e-commerce platforms Taobao. This is according to CEO Huang Wei who said his company has more than 10 million sellers.
Avito keeps growing
Avito keeps on growing. The horizontal saw revenue growth of 30 percent during Q3 2018 compared to the same period last year. Its EBITDA margin grew, too.
Schibsted gets a new CEO
Schibsted Media Group has appointed Kristin Skogen Lund as its new CEO. She takes over from Rolv-Erik Ryssdal who's preparing to launch the company's spin-off, Marketplace International (MPI).
Gumtree Australia appoints Expedia executive
Gumtree Australia has a new head of marketing in Amanda Behre, the former director of brand marketing and communications at travel website Expedia.
Wallapop quietly sold its stake in LetGo
Spanish mobile marketplace Wallapop, which merged with marketplace LetGo in the U.S. in 2016, has sold its stake in the company for $189 million. The story emerged from Naspers' financial documents, according to tech news site Kippel01.
OLX India partners with FCG for offline operations
OLX India has partnered with German used-autos platform Frontier Car Group (FCG) to build its offline, transaction-based business in India. The OLX Group invested $89 million U.S. in FCG in May.