In Finland, Otava Group has expanded cooperation with Elisa Oy, an ICT services provider. The services of Elisa will be used by all companies owned by Ottavamedia, including NettiX, managing Otava's marketplaces.
Tencent Holdings Ltd. has sold $5 billion U.S. in bonds, the company’s biggest U.S. dollar offering and the first time it’s issued debt since 2015. The offering received orders of more than $41 billion across all three tranches.
58.com (NYSE: WUBA) CEO Michael Jinbo Yao has opened up publicly on China largest classifieds horizontal and its ambitions regarding real estate. Speaking at a forum with Lianjia CEO Zuo Hui 左晖, Yao discussed the current position of 58.com and its ambitions for the coming few years.
Taobao, the c-to-c and SME-to-c marketplace operated by Chinese ecommerce giant Alibaba Group Holdings Ltd., has been included on the US Trade Representative’s “notorious markets” list for the second year running.
Chinese auto services platform Bitauto Holdings Limited (NYSE: BITA) has announced the appointment of its president, Andy Zhang, to the post of chief executive officer (CEO), effective immediately.
LetGo is shutting down in a "small country," but its spokesman won't identify the country. Its operations in other countries are not affected.
British proptech platform Goodlord.co has laid off 38 employees. It has also been reported that the company's CEO Richard White is due to announce his departure in the near future.
Leading recruitment industry chat platform RoboRecruiter has appointed Steve Lewis as the company's new non-executive director. The company said it believes that Lewis, an industry veteran, and LinkedIn director, will help move the company forward with his valuable insights into humanizing the recruitment process.
American-based hourly recruitment site SnagAJob has appointed John Frederick as the company's new chief administrative officer (CAO). Frederick comes with more than 25 years of managerial and administrative experience.
Flea market app Mercari has partnered with Japan’s research laboratories to develop, design, deploy and disrupt modern e-commerce technologies.