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Industry News




LinkedIn takes networking offline

Professional networking site LinkedIn has launched a new “LinkedIn Events” feature that allows members to create, share and discover networking events in their local area. This content is part of our business intelligence service. Please click the button below to...

McMakler wins over new investors and raises $20m

Berlin-based property technology company McMakler has won over two new investors after raising more than €50 million ($55 million U.S.) in a series C funding round earlier this year. This content is part of our business intelligence service. Please click the button...

Yopa lost almost $40m in 2018

British hybrid real estate portal Yopa had a loss of £30.3 million ($38.3 million U.S.) in 2018, a significant increase on a loss of £18.3 million in 2017. Total revenue increased by around 60 percent from £4.3 million to £6.9 million but much higher overheads, £33...

Grooves, Mirai Works launch joint venture firm

Tokyo-based job boards operator Grooves Inc. and HR firm Mirai Works Inc. have established a joint venture (JV) company to take over the operation of Grooves' recruitment marketplace, Skill Shift. This content is part of our business intelligence service. Please click...

Pisos.com adds mortgage services

Pisos.com, which is owned by multimedia communications group Vocento, has become the second real estate vertical in Spain to add mortgage services. Finance options are offered in cooperation with a credit union, Union de Creditos Inmobiliarios (UCI), under UCI’s...

Clicars reaches profitability

Spanish digital auto dealer Clicars.com announced that, after three years in business, it has reached profitability. The site has sold 4,000 vehicles, with a transaction value of €75 million ($82.8 million U.S.). This content is part of our business intelligence...

Gratix, LendiApp lead sharing trend in Spain

A new breed of sharing apps hope to change the Spanish second-hand goods marketplace. Gratix, from Madrid, and Barcelona-based LendiApp allow consumers to give away, swap or borrow items. However, their goal is community-building, not cash flow. Gratix was launched in...

Yandex solves search ranking conflict with Russian classifieds

Yandex recently met with the No.1 Russia-based horizontal Avito, No.1 Russia-based real estate vertical CIAN and other online platforms to share its new approach to search rankings. This content is part of our business intelligence service. Please click the button...