Yixin Group launches major advertising campaign
Yixin Group (otherwise known as Daikuan.com, Yixin Chedai or Yixin Capital Ltd.), China’s leading provider of used- and new-auto financing and auto transactions, launched a new advertising campaign for its customer-end platform Taoche.com (淘车). The campaign is being fronted by celebrity actor and singer Deng Chao 邓超.
Monster sells remaining stake in CareerOne
Recruitment giant Monster sold its remaining 10-percent stake in Australian job site CareerOne to its new majority-owner Career Media Group for an undisclosed sum. Career Media Group acquired a 90-percent stake in August, after the administrators of collapsed education company Acquire Learning, the former owner, put CareerOne up for sale.
Data the key to beating Amazon – Jon Macdonald
Trade Me (NZX: TME) chief executive Jon Macdonald reckons its treasure trove of consumer data and knowledge of local customers will be the keys to beating e-commerce giant Amazon when it launches in Australia later this year.
Domain more than just a classified business – CEO
With its spinoff from Fairfax Media (ASX: FXJ) and float on the Australian Securities Exchange (ASX) looming ever closer, Domain outlined its ambitions to become a media business in its own right.
Amazon postpones launch in Brazil to 2018
Amazon postponed its launch in Brazil to 2018, local investment bank BTG Pactual reportedly said. Brazil is Latin America’s largest e-commerce and classifieds market by revenue, according to estimates of the AIM Group.
Start-up of ex-TrueCar CEO comes out of stealth
Scott Painter’s new automotive classified company is called Fair. It aims to do away with "boring" car leases.
Deb Liu appointed VP of Facebook Marketplace
Deb Liu, the Facebook exec who had been running the company’s Marketplace classified app, has been promoted. She is now formally the VP of Marketplace. Liu had previously been in charge of Facebook Platform. Taking her place will be Eddie O’Neil, a six-year Facebook veteran was previously a director of product management at the company.
CarGurus files for $100-million IPO
CarGurus filed on Friday with the SEC to raise up to $100 million in an initial public offering. The company would be valued at more than $1 billion.
AdPerfect joins reconstituted Local Media Consortium
AdPerfect is the latest partner to join the reconstituted Local Media Consortium (LMC). AdPerfect will bring its four key products --- online obituaries, classifieds, celebrations and retail ads --- to the LMC’s 1,700 media sites in the U.S..
Three classified sites win Spanish start-up awards
Spanish business magazine Actualidad Económica has chosen three classifieds as "start-ups with the brightest future" in its Best Start-ups in Spain Awards, held in association with La Caixa Bank.