AIM Group | September 26, 2023 | Marketplaces
Will smaller shareholders back the Adevinta deal? Adevinta deal to be financed by $4.9B in private credit EBITDA margin at Mobile.de reached 62% in Q3 2023...
Patrick Kosmider | November 28, 2023 | Marketplaces, People on the Move
Petra Ehmann (above), the current chief innovation officer of Switzerland-based media company Ringier AG, has been additionally tasked with leading global...
Christine Won | November 28, 2023 | Marketplaces, Niche Marketplaces
South Korea-based general marketplace Joonggonara has launched a new payment feature to let users make purchases on the web. Previously, they were only able to do...
Ignacio Landivar | November 28, 2023 | Automotive
With consumer interest in electric vehicles continuing to accelerate in Europe, the leading automotive marketplace in Germany, Adevinta-owned Mobile.de, has added...
Deb Stowe | November 28, 2023 | Marketplaces, Niche Marketplaces, Financials / Deals
Luxury resale marketplace The RealReal posted total revenue of $133 million in Q3 of this year, down by 7% year on year. Its gross merchandise value (GMV) also...
Deb Stowe | November 28, 2023 | Marketplaces, Niche Marketplaces, People on the Move
U.K.-based fashion marketplace Depop has made two appointments to its executive team, appointing Rachel McShane as CFO and Rebecca Levy-Lewis as senior director,...
Deb Stowe | November 28, 2023 | Marketplaces, Niche Marketplaces
Luxury marketplace Vestiaire Collective is extending its ban on fast fashion to include 30 more retailers in a move that coincides with Black Friday. Abercrombie...
Damian Shore | November 28, 2023 | Niche Marketplaces
Retail giant Ikea continues to step up its efforts in used furniture — at least in Spain. There are now thousands of secondhand items listed on a dedicated...
Tariq Ahmed Saeedi | November 28, 2023 | Automotive, Digital Auto Retail, Financials / Deals
Used-car retailer Uxin expressed doubt over its ability to continue as a going concern, while disclosing financial results for the first quarter to June with the...
Ben Salisbury | November 28, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Rightmove has outlined plans to grow its business by 170% over the next five years and reach revenue of £600 million and £420 million in EBITDA by 2028. At its...
Deb Stowe | November 28, 2023 | Marketplaces, Niche Marketplaces
U.K.-based fashion marketplace Depop is running a series of pop-up shops across several British cities. It has formed a six-month partnership with retail pop-up...
Damian Shore | November 28, 2023 | Automotive, Real Estate, Marketplaces, Financials / Deals
Revenue at the Classifieds division of Spain-based media company Grupo Vocento rose by 5.0% year on year (y-o-y) to €20.7 million ($22.7 million U.S.) during the...
Christine Won | November 28, 2023 | Automotive, Financials / Deals
South Korea-based Lotte Rental is to purchase an additional 587,413 shares in Socar — its main competitor — for KRW26.5 billion ($20.5 billion U.S.),...
Ignacio Landivar | November 28, 2023 | Automotive
Adesa Europe, which is based in Belgium, and Adesa U.K. — subsidiaries of U.S.-based used car wholesaler Openlane (formerly KAR Global) — have been...
Nik Flegont | November 28, 2023 | Marketplaces, Niche Marketplaces
Russia-based general marketplace Avito has set out to corner the local market in luxury goods after the exodus of foreign brands from the country in the wake of...
Nik Flegont | November 28, 2023 | Marketplaces
Russia-based marketplace Avito has signed up to an AI Code of Ethics developed by the AI Alliance Russia in cooperation with academics in the country. The AI...
Nik Flegont | November 28, 2023 | Marketplaces, Financials / Deals
Russia-based IT giant Yandex, which is owned by the Netherlands-registered Yandex N.V., could be sold in its entirety to a group of Russian investors led by...
Nik Flegont | November 27, 2023 | Automotive
Russia-based IT giant Yandex’s Auto.ru vertical has introduced interactive profiles for dealers that allow them to communicate with users in a format...
AIM Group | November 27, 2023 | Real Estate, Financials / Deals
Canada-based proptech companies have raised more than CA$1.5 billion since June 2022 with more than 30 funding rounds exceeding CA$10 million each, according to a...
Tariq Ahmed Saeedi | November 27, 2023 | Marketplaces, Niche Marketplaces
Japan-based Mercari has teamed up with the country’s leading luxury reseller Komehyo to sell secondhand premium brands from its e-shop. Under the agreement, more...
Tariq Ahmed Saeedi | November 27, 2023 | Recruitment
Japan-based job site operator BizReach has introduced a new GPT tool for creation of job openings in as little as 30 seconds. The automatic job creation function...
Tariq Ahmed Saeedi | November 27, 2023 | Automotive, Financials / Deals
Just a couple of months after Turkish government approved the acquisition of horizontal marketplace LetGo Turkey and its car-buying business OtoPlus by...
Ben Salisbury | November 27, 2023 | Automotive, Digital Auto Retail
U.K.-based dealer facing EBay Motors Group and its consumer website Motors.co.uk have become a single brand called Motors. The business will continue to provide...
Ben Salisbury | November 27, 2023 | Real Estate, Financials / Deals
Rightmove has issued a trading update ahead of its Capital Markets Day event later today, during which the company will set out its plans to accelerate revenue and...
Damian Shore | November 27, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Ireland-based Offr, which offers white-label technology for estate agents that shows live bids on a property, has raised €2.1 million ($2.3 million) in funding,...
Damian Shore | November 27, 2023 | Marketplaces
A rapidly expanding retail chain called CrazyDay Factory has been garnering a lot of coverage in the Spanish media of late. It sells goods returned by customers of...
Damian Shore | November 27, 2023 | Real Estate, Niche Marketplaces
Spain-based Cocampo has added some 1,700 listings from Grupo Santander subsidiary LandCo to its marketplace for land, website EjePrime reports. According to...
Damian Shore | November 27, 2023 | Automotive, Niche Marketplaces, Financials / Deals
Spain-based Cüimo, a marketplace dedicated to buying and selling motorcycles, has raised €900,000 ($985,000 U.S.) in a funding round led by investment company...
Damian Shore | November 27, 2023 | Real Estate
Since its launch last year, Offers by Daft — a free online auction service provided by Ireland-based real estate marketplace Daft.ie — has seen a total...
AIM Group | November 24, 2023 | Recruitment
Taiwan-based recruitment marketplace CakeResume has started tagging ‘responsive employer badge’ to listings based on employer’s agility to screen and reply job...
AIM Group | November 24, 2023 | Marketplaces
Safe Trade Stations, an AIM Group initiative to promote security in person-to-person trades, has notched its biggest win. The New York City Police Department, the...
