Industry News
Adevinta and EBay put Shpock, Gumtree.com, Motors.co.uk up for sale
EBay and Adevinta will sell some of their U.K. marketplace assets to appease the country’s Competition and Markets Authority (CMA) and keep the $9.2 billion...Hemnet cuts agent kickbacks
Hemnet, the Swedish real estate portal, has cuts its kickback to real estate agents from 50% to 30% for a standard ad. The site started to charge for ads in 2013,...PropertyGuru may go public in the U.S.
PropertyGuru, a Malaysia-based online property marketplace operator, is considering going public in the U.S. The company is considering using a special purpose...CoStar’s done with CoreLogic
CoStar has dropped its acquisition bid for real estate data firm CoreLogic. The news comes just days after CoreLogic rejected a modified proposal that added $450...Alma Media acquires Nettix
In Finland, Alma Media has purchased Nettix, a leading marketplace operator, from Otava Group in a €170 million ($202 million U.S.) deal. The acquisition...TotalJobs upgrades Applicant Manager for U.K. customers
The launch of new products and services in the U.K. during 2020 by TotalJobs, owned by Axel Springer’s Stepstone Group, provided recruiters who use TotalJobs...Bakeca.it and Tecnocasa Group renew content agreement
Bakeca.it, an Italian property marketplace, and Tecnocasa Group have renewed their ongoing agreement to offer shared content across their platforms. The firms will...Vroom FY2020: Losing its vim
Online-used car dealer Vroom lost its vim this past quarter as disappointing earnings led to a 30% drop in the company’s share price on Thursday. The...Allegro FY2020: Revenue and EBITDA up
Allegro, the No.1 horizontal in Poland, increased its revenue and adjusted EBITDA handsomely in 2020. The company earned revenue of 1.3 billion Polish zlotys...CoreLogic rejects CoStar’s sweetened offer
CoreLogic has turned down CoStar’s latest acquisition offer, even after the commercial data giant sweetened the deal with an additional $450 million in...Cox Automotive buys Codeweavers, aims to double size by 2034
Cox Automotive has invested in its digital business by acquiring e-commerce services and finance software provider Codeweavers Ltd for an undisclosed sum....Cinch teams with dealerships for after-sale subscription service
Cinch, the British used car platform owned by Constellation Automotive Group (formerly BCA Marketplace) is linking up with car dealerships across the U.K. to...Good&Co delivers candidate matching for Total Jobs
British recruitment portal TotalJobs, owned by Axel Springer’s Stepstone Group, has launched a range of new updates to its recruitment technology and products...Amazon quietly launches in Poland
Amazon launched the Polish version of its platform on Tuesday. The company has tied up with InPost, DHL and Poczta Polska for deliveries and is offering free...Allegro to strengthen fashion category
Allegro, the largest b-to-c marketplace in Poland, has launched “Allegro Projektowania” program to encourage Polish fashion designers to sell on its platform. The...Carousell ties up with Supahands
Carousell has tied up up with Supahands, a Malaysia-based data set provider, to improve its search algorithm and offer personalized shopping services. Carousell is...Hemnet considering a $1.2B IPO in April
Hemnet, the leading Swedish real estate portal, is planning to go public on Nasdaq Stockholm in a deal that could be worth $1.2 billion U.S. The IPO could happen...NXCR names leadership team
Car-subscription startup NXCR, the latest venture by serial entrepreneur Scott Painter, has announced seven senior appointments, including a few of Painter’s old...Car vertical Instamotion bags €24M in funding
Instamotion, a German automotive vertical, has raised €24 million ($29 million U.S.) in a Series B financing round led by G + J Digital Ventures in cooperation...Bikroy launches motorcycle vertical in Bangladesh
Bikroy.com, a Bangladesh-based horizontal, has launched a vertical for motorcycles. Bikroy Chaka, which means “sale wheel” in English, is an e-commerce...Load More Articles
