Vietnamese real estate developer VinGroup has raised 29.5 trillion dongs ($1.3 billion U.S.) from Singapore-based sovereign wealth fund GIC in Vietnam’s biggest share sale deal to date.
The growing used car market in India has auto verticals vying for the top stop. A new entrant BlueJack is set to raise close to $1 million (₹6.5 crores) in a pre-Series A funding round led by WaterBridge Ventures.
Swedish property vertical Boende.se--- which had hoped to become Sweden’s LinkedIn for housing--- has closed down.
InstaMotion, a German used auto vertical, has introduced a program allowing owners of older diesel models to trade them in for more updated diesel or gasoline-powered cars, it announced yesterday.
Indeed recently announced a partnership with the Vodafone Group to offer young people using the Future Jobs Finder platform access to job vacancies most suited to their skills.
CoinAfrique, a classifieds site focused on French-speaking African countries, has raised €2.5 million ($3.1m) from several investors, affirming its ambition to become the leader in terms of mobile audience in francophone Africa.
In Turkey, competition between the country's leading real estate verticals seems to be intensifying. While Hurriyetemlak.com, Zingat.com, and Emlakjet.com regularly compete for online and outdoor advertising space, they've recently taken their fight to television.
After signing a partnership deal with Ireland’s no. 2 property portal MyHome.ie last month, DwellDown has begun its international expansion.
France's leading horizontal LeBonCoin will launch a sub-section of its employment vertical called Jobs for Executives in May.
The Alibaba-backed mobile marketplace Xianyu is employing a novel approach to secure a place in the hyper-competitive used auto sector in China. The platform’s c-to-b used auto channel, “Fast and Safe [Auto] Sales” (信用速卖) was first launched on a preliminary basis late last year in collaboration with Alibaba’s in-house used auto site che168.com (阿里二手车).