Damian Shore | June 10, 2022 | Marketplaces, Financials / Deals
Turnover at Spanish general goods marketplace Wallapop soared 65% during 2021, to €51.5 million, and it expects to record a similar rate of growth this year. This...
Deb Stowe | June 08, 2022 | Marketplaces, REPORTS
With a new ‘entertainment’ category launched in May, Vinted is set to challenge horizontals across general goods This article is locked. Please email...
Andrzej Sowula | June 08, 2022 | Marketplaces, Financials / Deals
The number of users of Allegro Pay on Polish marketplace Allegro.pl has reached 1 million. The company also informed that the value of transactions financed with...
Tariq Ahmed Saeedi | June 07, 2022 | Marketplaces, People on the Move
Burcu Bati has rejoined Sahibinden.com after five years to lead the financial management of the Turkey-based horizontal. Bati (LinkedIn profile), reappointed as...
Alina Zaiets | June 06, 2022 | Marketplaces
Avito, Russia's No.1 horizontal, has been investing in user education and social responsibility activities. Avito Real Estate is launching a free marketing course...
Deb Stowe | June 05, 2022 | Marketplaces, Financials / Deals
European fashion marketplace Vinted posted revenue of €245 million ($263 million U.S.) in 2021, up by 63% versus 2020, the company has announced. Its net loss last...
Alina Zaiets | June 03, 2022 | Marketplaces
Leading Russian classified Avito has launched a new delivery option for sellers through its own logistics system with a secure transaction mechanism. Through the...
Andrzej Sowula | June 01, 2022 | Marketplaces, Financials / Deals
Adevinta Hungary recorded revenue of HUF4.4 billion ($11.9 million U.S.) in FY2021, a 7.3% year-on-year increase from HUF4.1 billion in FY2020. This article is...
Angela Hawksford | June 01, 2022 | Marketplaces, People on the Move
Gumtree Australia, the market leading horizontal and operator of auto verticals CarsGuide and AutoTrader Australia, has expanded its media team, appointing Jodie...
AIM Group | June 01, 2022 | Automotive, Marketplaces
Netherlands-based marketplace Marktplaats.nl has launched a c-to-b car-auction service for individuals to sell their cars instantly online, the horizontal’s senior...
Damian Shore | June 01, 2022 | Marketplaces, Financials / Deals
Revenue at Adevinta Spain rose at an annual rate of 16% to reach €51 million during the first quarter of 2022. This article is locked. Please email...
Damian Shore | May 31, 2022 | Marketplaces, Financials / Deals
Revenue at Spanish media company Vocento’s classifieds business unit rose at an annual rate of 10.2% to €6.6 million during the first quarter of 2021 but remained...
Patrick Kosmider | May 31, 2022 | Automotive, Real Estate, Marketplaces
The Swiss Market Group (SMG), a marketplace joint venture of Scout24 Switzerland and Swiss based TX Markets, aims to restructure its business in the next weeks,...
Alina Zaiets | May 30, 2022 | Marketplaces
On May 16, 2022, leading Russian horizontal Avito signed a collaboration memorandum with LizaAlert, a volunteer search and rescue team for missing persons. This...
Andrzej Sowula | May 27, 2022 | Marketplaces, Financials / Deals
Allegro, the operator of leading b-to-c and c-to-c marketplaces in Poland, saw revenue increase by 15.1% while adjusted EBITDA decreased by 13.6% in Q1 of FY2022....
Alina Zaiets | May 30, 2022 | Automotive, Marketplaces
Leading Russian horizontal Avito has launched Avito Auction, a service for private entrepreneurs and professional buyers. This article is locked. Please email...
Alina Zaiets | May 30, 2022 | Marketplaces
The Yandex Group has signed a settlement agreement with the Federal Antimonopoly Service of Russia (FAS) and a consortium of Russian Internet companies, which...
Tariq Ahmed Saeedi | May 27, 2022 | Marketplaces
Leading Iran-based general marketplace Divar has launched an escrow payment option to increase involvement in transactions and ensure safe and secure interpersonal...
AIM Group | May 25, 2022 | Marketplaces, Financials / Deals, REPORTS
In normal circumstances, Avito would generate huge demand from potential buyers, but in the present landscape the contenders are mostly companies from Russia and...
Damian Shore | May 25, 2022 | Automotive, Marketplaces, REPORTS
AutosBuzz returned after a three-year hiatus to a highly charged atmosphere of disruption and optimism This article is locked. Please email info@aimgroup.com for...
Lars Herlin | May 25, 2022 | Automotive, Real Estate, Marketplaces, Financials / Deals
Adevinta has presented a Q1 report with some strong numbers for transactions. This article is locked. Please email info@aimgroup.com for more information....
Greg Spencer | May 23, 2022 | Recruitment, Marketplaces
Hisayuki “Deko” Idekoba, CEO of Indeed.com parent Recruit Holdings isn’t satisfied with the company’s record profit last fiscal year. “It vexes me that we...
Tariq Ahmed Saeedi | May 23, 2022 | Marketplaces
Bangladesh-based general marketplace Swap has introduced a ‘buy-now-pay-later’ (BNPL) service for customers, according to the company. This article is locked....
AIM Group | May 25, 2022 | Marketplaces, People on the Move
Jinsoo Jeon has taken the helm of resale app Snow’s metaverse division. South Korea-based Snow is the powerhouse behind used goods marketplace Kream and is owned...
Lars Herlin | May 26, 2022 | Marketplaces
Schibsted generalist site Blocket is strengthening its user security and has introduced BankID as a new tool for users. Previously, Schibsted users were given...
Alina Zaiets | May 24, 2022 | Marketplaces, Financials / Deals
Dutch company Prosus NV announced that it was seeking an “appropriate buyer'' for Avito. This article is locked. Please email info@aimgroup.com for more...
AIM Group | May 20, 2022 | Marketplaces, Financials / Deals
The global marketplace operator Prosus has today said it’s looking for a buyer for its entire stake in Avito.ru, the No. 1 classified business in Russia. “We have...
Jacopo Natali | June 01, 2022 | Marketplaces, Financials / Deals
Southeast Asia-focused marketplace group Carousell has reportedly dropped its IPO plans with a special purpose acquisition company, or SPAC, to go public in the...
Andrzej Sowula | May 19, 2022 | Marketplaces, Financials / Deals
Wirtualna Polska Holding (WP), the Polish media group, saw revenue for its online segment increase 19.9% while adjusted earnings (EBITDA) grew by 20.1% in the...
Greg Spencer | May 18, 2022 | Marketplaces
Nextdoor has made a deal that will allow trending posts on the social media site to be republished on Microsoft’s media properties. This article is locked. Please...