Jonah Kay | May 29, 2020 | Automotive
The CEO of online car retailer Carvana, Ernie Garcia III, has been hit with an insider trading lawsuit. The lawsuit filed Thursday in Delaware Chancery Court...
Jonah Kay | May 28, 2020 | Automotive
TrueCar (Nasdaq: TRUE) will cut 30% of its workforce, or about 220 jobs, as part of a broader restructuring instigated by the loss of its affiliation with USAA,...
AIM Group | May 31, 2020 | Marketplaces
According to Germany-based media, Axel Springer has pulled out of the race to acquire EBay Classifieds. The source is weekly newspaper Horizont, usually a reliable...
Jonah Kay | May 30, 2020 | Recruitment, Financials / Deals
Liepin, one of the leading recruitment marketplaces in China, saw revenue rise by more than 10% to RMB 342.7 million ($47.9 million U.S.) in the first quarter of...
Jonah Kay | May 29, 2020 | Real Estate, Marketplaces
Southeast Asian horizontals have traditionally avoided investing in property marketplaces — but that might be changing. Following a similar move by Shopee,...
AIM Group | May 29, 2020 | Recruitment, HRTech
While the Covid-19 pandemic has caused a wave of furloughs and layoffs, it has also left several industries looking for people, knowledge and experience. Companies...
Prabhu | May 29, 2020 | Automotive, Digital Auto Retail
Droom, the Indian auto marketplace, has launched a doorstep test drive and delivery service for used cars as a response to industry-wide disruption caused by the...
Lars Herlin | May 29, 2020 | Recruitment, Financials / Deals
Trottholmen has increased its ownership in NetJobs, a niche recruitment company in Sweden, by more than 20 percent. Trottholmen is owned by Henrik Kvick, the...
Jonah Kay | May 29, 2020 | Marketplaces, Niche Marketplaces, Financials / Deals
Walmart is the latest entrant into the popular online fashion resale market. The company recently teamed up with ThreadUp, a second-hand clothing marketplace, to...
Andrzej Sowula | May 29, 2020 | Marketplaces, Financials / Deals
Polish media group Agora saw digital revenue grow 26.1% in the first quarter of 2020, the company reported. Revenue from the division amounted to 47.4 million...
Davide Rasconi | May 28, 2020 | Real Estate
Casa.it, an Italian property portal, has introduced a remote open house service. The tool, called PrimaVisita, is already being used by over 5,000 real estate...
Ben Salisbury | May 28, 2020 | Recruitment
Leading U.K.-based global recruitment portal Adzuna.co.uk has teamed up with the U.K.’s Office for National Statistics (ONS) to provide a real-time national job...
Rebeka Shaid | May 28, 2020 | Marketplaces, Financials / Deals
Erento, one of Europe’s largest online rental marketplaces, has acquired RV bookings site Campanda for an undisclosed sum. Berlin-based Campanda says it is the...
Lars Herlin | May 28, 2020 | Marketplaces
Vostok New Ventures, a serial investor in marketplaces, has officially changed its name and moved to a new website. The company is now registered as VNV Global and...
Lars Herlin | May 28, 2020 | Real Estate
The leading real estate site in Sweden, Hemnet, saw record-high traffic in April, despite decreasing housing prices in Sweden. Hemnet had a total of 62 million...
Tariq Ahmed Saeedi | May 27, 2020 | Automotive, Marketplaces
Divar, the leading Iran-based general marketplace, has made another move into the auto space with the launch of a c-to-b car auction business. The move comes...
Tariq Ahmed Saeedi | May 27, 2020 | Recruitment, Financials / Deals
Recruit Holdings has weathered the impact of Covid-19 in Japan, according to the company’s year-end financials. However, the recruitment company, which...
Léo Siqueira | May 27, 2020 | Automotive
OLX Group is planning a major expansion in the used-car market in Latin America — a market it describes as “massive.” The company has posted several job listings...
Lars Herlin | May 27, 2020 | Recruitment, Financials / Deals
Berlin-based health tech and recruitment company Medwing has raised €28 million ($30.7 million U.S.) in a Series B funding round lead by Cathay Innovation....
Prabhu | May 27, 2020 | Automotive
CarDekho is the latest Indian company to downsize following an economic downturn caused by the Covid-19 outbreak. The used cars marketplace has laid off at least...
