Rebeka Shaid | December 09, 2019 | Automotive, Marketplaces
Former Daimler CEO Dieter Zetsche has invested in German auto marketplace startup CarOnSale, according to a report by online magazine Gründerszene (in German). It is not known how much the Zetsche invested in the company. This content is part of our business...
Adegoke Seun | December 08, 2019 | Marketplaces
E-commerce and general marketplace site Afrimarket has shutdown operations after six years of operating in five French-speaking African markets. Co-founders Rania Belkahia and Jeremy Stoss disclosed the decision was imposed on them by investors after the withdrawal of...
Greg Spencer | December 06, 2019 | Marketplaces, People on the Move
Yard sale app Letgo has hired Daniel Perelló as vice president of data and analytics. In the newly created role, he will lead a growing team of data experts and business analysts. Perelló (LinkedIn profile) previously held leadership roles at Google and Amazon and...
Greg Spencer | December 06, 2019 | Real Estate
Zillow has launched a new feature that lets home shoppers book tours of newly constructed homes with the push of a button. The Onsite Tour-Booking button is available to subscribers of Zillow’s Promoted Communities, a fee-based service for high-volume builders. This...
Rebeka Shaid | December 06, 2019 | Automotive
A record year for Volkswagen Financial Services, the company behind German auto vertical HeyCar, will likely lead it to expand HeyCar into new European markets. This content is part of our business intelligence service. Please click the button below to learn more....
Prabhu | December 06, 2019 | Automotive
Indian auto marketplace CarDekho has raised $70 million U.S from Chinese and European investors. The company will use the funds to strengthen its transaction-related businesses and expansion plans. This content is part of our business intelligence service. Please...
Greg Spencer | December 05, 2019 | Recruitment, People on the Move
Brent Ferguson has joined local-hiring platform WorkHere as vice president of sales after 15 years at Monster. This content is part of our business intelligence service. Please click the button below to learn more....
Greg Spencer | December 05, 2019 | Recruitment
CareerBuilder lost a motion to dismiss a sexual harassment suit filed by a former employee who described a culture of widespread discrimination against women at the company. This content is part of our business intelligence service. Please click the button below to...
AIM Group | December 05, 2019 | Recruitment, Marketplaces
Prosus, meet Prosus. There's the multinational $98 billion Prosus, majority owned by Naspers and traded on Euronext Amsterdam — and then there's Prosus.ai, a recruitment sourcing tool owned by First Round Technology AG of Cham, Switzerland. Sounds like someone's got...
Andrzej Sowula | December 05, 2019 | Marketplaces, Financials / Deals
Estonian investment company UP Invest will buy back horizontal Soov.ee from Baltic Classifieds Group (BCG). UP Invest sold BCG — a portfolio of leading online classified sites in the Baltics, including Soov.ee — to Apax Partners in May. In August, BCG also acquired...
Angela Hawksford | December 04, 2019 | Marketplaces
OLX Group could be worth as much as $20 billion U.S., if the company can execute its plan to build a "transaction-based ecosystem" in its jobs, cars and real estate verticals. This content is part of our business intelligence service. Please click the button below to...
Greg Spencer | December 04, 2019 | Marketplaces
Craigslist has finally released a mobile app. It's a remarkably belated update for the classifieds site that may signal a growing threat from its competitors. This content is part of our business intelligence service. Please click the button below to learn more....
Léo Siqueira | December 04, 2019 | Real Estate
QuintoAndar, a startup focused on Brazil's residential rental market, will offer intermediary services in real estate transactions. Starting in Jan., the company will team up with agents to let buyers view properties for sale and schedule visits on the site. This...
Tom Marling | December 04, 2019 | Automotive, People on the Move
Uxin, the Chinese used auto marketplace, has announced that Wenbing Jing has resigned as the company’s chief strategy officer, effective Dec. 1. During his tenure, Jing oversaw the company’s loan facilitation business, which is currently in the process of being...
Ben Salisbury | December 04, 2019 | Real Estate
OpenBrix, a new agency-led property site with a universal fee structure, has launched in the U.K. The site charges the same monthly fee for every agency branch, regardless of if they are part of a national chain or independent. OpenBrix is now available to users in a...
Andrzej Sowula | December 04, 2019 | Automotive
Adevinta Classified Media Hungary has won a legal dispute with Netrisk.hu, the largest insurance site in Hungary, over Netrisk's use of listings from Adevinta's auto vertical, Használtauto.hu. This content is part of our business intelligence service. Please click the...
Wander Beekhuis | December 03, 2019 | Recruitment, Financials / Deals
Global staffing and recruitment marketing company Randstad has announced a plan to save it $133 million by 2021. Randstad, which owns international recruitment marketing company Monster Worldwide, parent of Monster.com, announced the plans on a company analyst webinar...
Adegoke Seun | December 03, 2019 | Marketplaces, People on the Move
OList, the Nigeria-based general classifieds site owned by Opera, has hired Gbenro Dara as managing director. Dara (LinkedIn profile) is tasked with developing OList into a leading classifieds company in a market dominated by Jiji, which acquired OLX’s...
Andrzej Sowula | December 03, 2019 | Real Estate, Financials / Deals
MZN Property Group, the owner of Polish real estate site Morizon.pl and several other real estate verticals, saw revenue and profit increase handsomely in Q3 of FY2019. This content is part of our business intelligence service. Please click the button below to learn...
Cila Warncke | December 03, 2019 | People on the Move
Adevinta Spain has appointed Gerardo Mené Moreno as its chief financial officer. Mené Moreno joined the company in January as director of finance and compliance officer. Mené Moreno (LinkedIn profile) spent 15 years at Proctor & Gamble before joining Adevinta....