Ben Salisbury | September 03, 2021 | Marketplaces, Financials / Deals
British start-up escrow payments provider Trustshare has raised £2.3 million ($3 million U.S.) of seed funding to develop new products and expand into the U.S....
Greg Spencer | September 02, 2021 | Marketplaces
Updated with clarifying information from Zip. Transactions-led c-to-c marketplace Mercari has added a buy-now, pay-later feature on its U.S. marketplace through...
Andrzej Sowula | September 02, 2021 | Marketplaces, People on the Move
Damian Zapłata, who has been chief commercial officer and board member at Allegro since October 2017, has left the company. In his resignation, Zapłata (LinkedIn...
Peter M. Zollman | September 01, 2021 | Marketplaces
More than three years after the U.S. government shut down general classifieds site Backpage, it comes down to this: Were Michael Lacey and Jim Larkin, co-founders...
AIM Group | August 31, 2021 | Marketplaces, Financials / Deals
The Swiss market is about to see a new marketplace giant. Switzerland-based marketplace operators TX Markets and Scout24 Schweiz are being merged in a joint...
Rebeka Shaid | August 31, 2021 | Marketplaces, Financials / Deals
TX Markets, the marketplaces division of Swiss media company TX Group, saw revenue increase by almost 8% to CHF 108.4 million ($118.5 million U.S.) in the first...
Lars Herlin | August 30, 2021 | Marketplaces, Financials / Deals
International marketplace operator Adevinta released its Q2 2021 performance after presenting a Q2 2021 trading report on July 15 to highlight the company’s...
Adegoke Seun | August 26, 2021 | Marketplaces
Jumia’s Q2 earnings report puts the pan-african marketplace’s operating losses at $51.6 million in Q2 2021, a 24.7% rise from Q2 2020. The rise in...
Andrzej Sowula | August 26, 2021 | Marketplaces, Financials / Deals
In the Czech Republic, Vltava Labe Media (VLM) saw its revenue decrease 7% while EBITDA dropped by 16% in FY2020, according to a report on Czech news site...
Andrzej Sowula | August 26, 2021 | Marketplaces, Financials / Deals
Wirtualna Polska Holding (WP), the Polish media group, saw revenue for its online segment increase 53.9% while adjusted earnings (EBITDA) surged by 70.3% in the...
Alina Zaiets | August 27, 2021 | Marketplaces, Financials / Deals
Yandex Verticals, the classified division of Russia-based internet giant Yandex has doubled its quarterly revenue compared to the same period last year. The...
Deb Stowe | August 25, 2021 | Marketplaces, Niche Marketplaces
U.S.-based Urban Outfitters is to launch a second-hand marketplace, bringing the fashion retailer into competition with such names as Poshmark and ThredUp. The...
Alina Zaiets | August 26, 2021 | Marketplaces, People on the Move
Ivan Portnoy, CEO of Prom.ua, the leading business-to-business and business-to-customer classified in Ukraine, is leaving the company along with several other top...
Tariq Ahmed Saeedi | August 25, 2021 | Marketplaces, People on the Move
Turkey-based horizontal LetGo, a part of OLX Group, has introduced secure digital payment transaction and shipping services for secondhand goods, according to an...
AIM Group | August 24, 2021 | Marketplaces
Facebook went wide with Marketplace today in Africa. The company announced it was adding 37 more countries and territories in sub-Saharan Africa to the list of 114...
Rebeka Shaid | August 24, 2021 | Marketplaces
EBay Kleinanzeigen, one of Germany’s most visited websites and the No. 1 horizontal in the country, will soon have to change its name following Adevinta’s $9.2...
Leanne Wang | August 24, 2021 | Marketplaces, Financials / Deals
JD.com, Inc. (JD), the Chinese e-commerce and marketplace business, has seen its revenue increased by 26.2% year-on-year, but a drop in net income in the second...
Tariq Ahmed Saeedi | August 20, 2021 | Marketplaces, Financials / Deals
South Korea-based Danggeun Market Inc., which operates general marketplace Karrot, has raised $162 million in Series D to further expand globally and build up...
Lars Herlin | August 19, 2021 | Recruitment, Marketplaces, Financials / Deals
FK Distribution, which accounts for more than 80% of Danish North Media’s turnover, has raised its prices by 2%, a bump reflected in its Q2 revenue. FK...
Gordan Stanic | August 18, 2021 | Marketplaces
Leading Serbian auctions website Limundo.com has introduced numerous features for its users to simplify and streamline privacy information and user preferences....
Leanne Wang | August 18, 2021 | Marketplaces, Financials / Deals
AiHuiShou International (RERE), a Chinese used consumer-electronics marketplace backed by JD.com, reported revenue growth of 56.2% year-on-year for the second...
Tariq Ahmed Saeedi | August 18, 2021 | Marketplaces
Facebook Marketplace has launched in Sri Lanka, just a few days after it launched in Pakistan. In a statement, Facebook director of emerging markets APAC Jordi...
AIM Group | August 17, 2021 | Marketplaces, People on the Move
Nordic marketplace operator Schibsted has promoted Erik Norberg to CEO of its Denmark operation from chief commercial officer. Starting in September, Norberg will...
Prabhu | August 17, 2021 | Marketplaces, Financials / Deals
Info Edge India Ltd., the parent company of Naukri and 99Acres, saw revenues increase 20.1% year-over-year as billings grew by 66.6%. Total revenues stood at...
Tariq Ahmed Saeedi | August 16, 2021 | Marketplaces, Financials / Deals
Jimoty Inc., operator of leading general marketplace Jmty.jp, expects strong sales to continue this year on the back of its increasing reliance on transactions. In...
Danielle le Clus-Rossouw | August 17, 2021 | Marketplaces, Financials / Deals
Marketplace giant Prosus and its South African parent Naspers has completed a deal that sets up a cross-holding structure and moves majority ownership of their...
Rebeka Shaid | August 16, 2021 | Marketplaces, People on the Move
Swiss marketplace operator Scout24 Schweiz has appointed Alessia Quaglia to lead Anibis.ch as the new managing director from Oct. 1., the company said Monday....
Greg Spencer | August 13, 2021 | Recruitment, Marketplaces, Financials / Deals
Jobs site ZipRecruiter tallied record revenues and a major expansion of its customer base for its first quarter as a publicly traded company. The No. 2 job site in...
Léo Siqueira | August 13, 2021 | Marketplaces, People on the Move
Gabriel Gruber, the founder and former CEO of Properati, has left the company to lead another venture. Gruber founded and sold Properati, a Latin American real...
Andrzej Sowula | August 13, 2021 | Marketplaces
Prosus-backed OLX.pl has rolled out a new feature to prevent scam attempts on its platform. It makes it easier for users to report a scam and to claim a refund if...
