×

 U.S. +1.407.788.2780     Germany +49.89.6.214.6044 info@aimgroup.com

Contact Us
 U.S. +1.407.788.2780     Germany +49.89.6.214.6044 info@aimgroup.com
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages


Industry News




Info Edge grows revenue by 20.5%

Info Edge India Limited — the parent company of leading Indian verticals Naukri and 99Acres — registered a healthy 20.5% growth in revenues for the first quarter of FY 2019-20. The company reported revenue of $44 million U.S. (₹312.8 crores INR) for the...

ClicBrics raises $3 million

Delhi-based real estate vertical ClicBrics has raised $3 million in a Pre-Series A funding round led by Manny Singh of Kavi Asset Management, Peter Mann of Gluskin Sheff, and an anonymous senior executive of a Canadian pension fund, LiveMint reports. Having already...

Carsome in talks to raise $40 million

Malaysia-based auto marketplace Carsome is reportedly raising $40 million in a Series C funding round due to close at the end of the year. According to various sources, the start-up has a current value of at least $110 million. Carsome’s fundraising efforts come...

IProperty.com.my seeks customer marketing head in Malaysia

IProperty.com.my, which is part of the rebranded REA Group Asia, has announced it’s looking for someone to fill the role of head of customer marketing in Malaysia. The search comes amid recent news that the group’s profit slumped to 58% in FY19. Modest revenue...

Shwe Property raises $3 million

Shwe Property, the first and leading property vertical in Myanmar, has secured $3 million in Series B funding from a star-studded line-up of private and institutional investors. The company is now backed by some of the most successful online classified and property...

Bayt.com and Simply Jobs Boards team up

Bayt.com, the leading recruitment vertical in the Middle East and North Africa, has teamed up with U.K.-based Simply Jobs Boards, which operates a group of niche verticals. Together, the companies plan to enhance the recruitment process for the aviation, law and motor...

Kelly Blue Book expands in Canada

Cox Automotive Inc. subsidiary Kelly Blue Book will launch new vehicle-valuation services in Canada in both French and English: the country’s two official languages. The rollout includes: MarketLens, which allows used-car sellers to input vehicle identification...

Axel Springer heirs sell shares

The grandchildren of Axel Springer — founder of Axel Springer SE  — have tendered some of their shares to U.S. equity fund KKR as part of the investor’s bid to buy out minority shareholders. The heirs — Ariane Melanie Springer and Axel Sven Springer...

Auto Trader alters search algorithm

Leading British automotive vertical AutoTrader.co.uk has introduced changes to its search algorithm functionality to give higher priority to the search criteria consumers select. The adjustment follows testing that showed the change would create 10% more leads than...

Yahoo Japan to launch flea market app

Yahoo Japan Group (Yahoo.co.jp) — a joint venture between Yahoo in the U.S. and Japanese telecom operator SoftBank — is hoping to retain its leadership in classifieds with the launch of a new flea market app this fall. The move sounds like a...

Career Index invests in Wakrak.jp

Tokyo-based recruitment information firm Career Index Inc. has invested an undisclosed amount in temp app Wakrak.jp through underwriting a third-party allotment of shares. Career Index hopes to create business synergies and growth in the informal job sector by...

Flat Monthly nets seed funding worth $320k

Singapore-based online rental platform Flat Monthly has received $320,000 U.S. in seed funding from Hong Kong’s Terra Capital. The company has set its sights on establishing a larger footprint across Southeast Asia. The site envisions a more mobile and flexible...

Adecco helps SMEs overcome labor shortages

Adecco.co.jp, a Tokyo-based subsidiary of Adecco Group, has launched consulting services to help small- and medium-sized enterprises tackle labor shortages with modern tools. Adecco has been focusing on large businesses in Japan and this is the first time it’s...

Fudosan-Guide.org launched for property firms

Japanese Internet firm Living Technologies Inc. has launched a property bulletin at Fudosan-Guide.org to disseminate marketing know-how and tips to attract customers. The bulletin teaches real estate companies how to use advertisements effectively and how to broaden...

HR Solutions acquires ISO certification

No. 1 Japanese applicant tracking system vendor HR Solutions has obtained information security management certification from the International Organization for Standardization (ISO) in recognition of the company’s IT best practices. ISO / IEC 20000-1: 2018 was awarded...

Alibaba in talks to acquire Kaola

Alibaba is in talks with NetEase to acquire its cross-border e-commerce arm Kaola. It may merge the unit with its Tmall International platform, according to Technode.com. Alibaba could pay as much as $2 billion U.S. to complete the takeover, Sina Finance reported. The...