Fresh off a funding boost from ride-sharing giant Didi Chuxing (滴滴出行), c-to-c used auto platform Renrenche (人人车) is making a push to secure more inventory and consumers on its platform. Renrenche currently ranks fourth in terms of auto inventory in the used auto sector in China, according to third-party platform Gongpingjia.com (公平价).
Swiss media group Tamedia increased its stake in mobile-first marketplace Tradono to a controlling stake, and merged its operations with that of Trendsales, a pre-loved clothes site in the Tamedia portfolio since 2014.
When it comes to measuring online success, the quality of your online traffic is far more important than high browser numbers, George Mienie, CEO of AutoTrader.co.za, told us in an interview. He reckons it’s how traffic gets monetized that determines the success of a classifieds site.
The announcement earlier this week, that Ringier One Africa Media (Roam) is up and running, left a few questions open, which we put to Clemens Weitz, CEO of Roam, in an email. He replied, also per email.
The merger between Ringier Africa and One Africa Media (OAM) has finally been completed and announced. One Africa Media is "off air" (type OneAfricaMedia.com in your browser, and you are redirected to Roam.Africa), and the resultant entity Ringier One Africa Media (Roam) stands as the largest classifieds group on the continent with nine leading sites in its portfolio.
The Zoopla Property Group (ZPG.co.uk), owner of real estate platforms Zoopla and PrimeLocation, announced it has won back more than 1,000 agency branches that had defected to rival OnTheMarket.com.
Indeed.com, the world's leading job search engine, filed a dispute with Minnesota-based ADR Forum against the registered owner of the domain Lndeed.net - and won. Now, if you type Indeed.net into your browser, you are redirected to an Indeed.com landing page.
58.com Inc. (58同城, NYSE: WUBA), a large classifieds company in China, continues to leave last year’s concerns over profitability in the mirror. After consolidating a series of high-profile acquisitions in 2015, the Beijing-based company reported net income from operations of 522.4 million RMB ($78.6 million U.S.) in Q3 of FY2017, up from 143 million RMB in Q3 of FY2016.
Dubizzle, the leading property platform in the United Arab Emirates (UAE), announced its first-ever acquisition and namely of Masterkey and Airlist, two Dubai-based sites. Dubizzle is an OLX Group site - one of the last OLX country sites (if not the last) not to be rebranded to OLX.
Probably emboldened after breaking even with QuikrJobs a few months ago, Tiger Global- and Kinnevik-backed horizontal Quikr.com has followed up with its first ad campaign targeted at blue-collar job seekers.