Alina Zaiets | January 20, 2020 | Marketplaces, Financials / Deals
Avito, the No.1 Russian horizontal, has acquired a controlling stake in MaxPoster, an automotive listings company, for an undisclosed amount. This content is part of our business intelligence service. Please click the button below to learn more. Subscribe Username...
Alina Zaiets | January 20, 2020 | Real Estate
Leading Russia-based real estate vertical Cian has partnered with Promsvyaz Bank (PSB), one of the largest banks in Russia, to implement a new mortgage product. This content is part of our business intelligence service. Please click the button below to learn more....
Tariq Ahmed Saeedi | January 20, 2020 | Recruitment, Financials / Deals
Taiwanese job site operator 104 Corporation (TSE: 3130) saw operating income grow by almost 6% in the fourth quarter of 2019, which ended Dec. 31. The company attributed this growth to a double-digit increase in revenue from its executive search business and stable...
Alexi Touma | January 19, 2020 | Real Estate, People on the Move
Real estate vertical PropertyFinder has started off the new year by recruiting tech veteran Ari Kesisoglu to serve as president of the UAE-based company. Kesisoglu will lead day-to-day operations at the vertical starting later this month, according to PropertyFinder....
Prabhu | January 17, 2020 | Automotive, Financials / Deals
Mahindra First Choice Wheels Ltd., a subsidiary of car manufacturer Mahindra & Mahindra, has acquired auto portal CarAndBike.com from NDTV Ltd. for ₹30.45 crores ($4.3 million U.S.). The acquisition is aimed at expanding Mahindra First Choice’s presence in...
AIM Group | January 17, 2020 | Real Estate
Vietnamese real estate marketplace BatDongSan.com.vn has updated its homepage as part of a plan to increase its investment in technology and new products. This content is part of our business intelligence service. Please click the button below to learn more....
AIM Group | January 17, 2020 | Marketplaces, Financials / Deals
Bob van Dijk, the CEO of Naspers, has sold about 400,000 shares in the company for nearly 1 billion rand ($69 million U.S.), according to a report from BusinessLive. The South African company awarded the shares to van Dijk as part of its share incentive scheme. Van...
Greg Spencer | January 17, 2020 | Recruitment, People on the Move
JobSync, a recruitment startup that allows job seekers to fill out applications on the website of their choice, has named David Bernstein as VP of partnerships and industry relations. Bernstein (LinkedIn profile) has more than 20 years of experience in recruitment...
Greg Spencer | January 17, 2020 | Automotive, Financials / Deals
CarGurus, the most visited used car marketplace in the U.S., has acquired Autolist, a small, privately held aggregator founded in San Francisco. Terms of the deal were not disclosed. This content is part of our business intelligence service. Please click the button...
Ben Salisbury | January 17, 2020 | Automotive, Financials / Deals
Click Dealer and V12 Vehicle Finance will team up to offer dealers a single tool to manage used vehicle sourcing, wholesale stock funding and consumer finance. Called ClickStock, the portal offers dealers access to cars from independent auction companies. This content...
Ben Salisbury | January 17, 2020 | Automotive, Financials / Deals
Auto Trader and Cox Automotive have launched Dealer Auction, a digital remarketing platform and marketplace for trade dealers to secure stock easily and efficiently. Dealers previously using Auto Trader and Cox’s stock buying systems moved to the new service last...
Adegoke Seun | January 17, 2020 | Marketplaces, People on the Move
Jumia Group has named Diana Owusu-Kyereko as the first CEO of its Ghana outpost. She is taking over for Ore Odusanya, who served as country manager of the marketplace since 2016. Owusu-Kyereko has been with Jumia since 2013. She started as a manager in the mobile and...
Prabhu | January 17, 2020 | Real Estate
India’s National Real Estate Development Council (NAREDCO) has launched a real estate portal for move-in ready properties. The organization said that the site, HousingForAll, will promote secure and transparent home-buying in India. The initiative comes amid a real...
Angela Hawksford | January 16, 2020 | Automotive, People on the Move
Australia-based CarSales has appointed William Elliot as chief financial officer. Elliot (LinkedIn profile) has served as interim CFO since departure of Andrew Demery in October. CarSales CEO Cameron McIntyre said Elliot’s skills and leadership stood out among an...
Deb Stowe | January 16, 2020 | Recruitment, AIMR
Recruitment aggregation is becoming a rapidly competitive space on a global level. Multiple companies are vying for dominance, and Canada-based Talent.com hopes to become a major contender and disruptor. It is already a Top-5 job site by total monthly visits globally....
AIM Group | January 16, 2020 | Automotive, AIMR
Auto marketplace operator ICar Asia released its financials for Q4 2019 this week, which showed record gains and quarterly cash receipts up 39% year-over-year. The company has also been chipping away at its negative cashflow, which decreased by 25% quarter-on-quarter...
Pavel Marceux | January 16, 2020 | Real Estate, AIMR
The online real estate advertising hierarchy in Russia has been disrupted unexpectedly during the past year. Fully owned and operated by the country’s largest bank, DomClick.ru has become the No. 2 property vertical by monthly visits since its launch in 2017. This...
Deb Stowe | January 16, 2020 | Marketplaces, AIMR
The General Data Protection Regulation (GDPR) act was implemented in the European Union (EU) in May 2018, described at the time as “the most important change in data privacy regulation in 20 years.” It was a major milestone for privacy, impacting, among others,...
Rebeka Shaid | January 16, 2020 | Recruitment, Financials / Deals
German media group Intermedia Vermögensverwaltungs bought recruitment site operator Get In last month for an undisclosed amount, Intermedia said in a press release this week. This content is part of our business intelligence service. Please click the button below to...
Wander Beekhuis | January 16, 2020 | Recruitment, Financials / Deals
Netherlands-based recruitment startup Youngones claimed to have achieved record year-on-year revenue growth, from 500,000 euros ($558,000 U.S.) in 2018 to 5.5 million euros ($6.1 million U.S.) in 2019. YoungOnes is a matching platform for temporary jobs in the...
