Regular Property24.com users may have noticed a new button in the horizontal navigation at the top of the real estate site's home page. Traditionally, the business only accepted listings from real estate agents. Earlier this year the Naspers site widened its target market to include listings by private sellers.
The French competition authority decided to take the examination of the acquisition by Axel Springer of Logic-Immo, the country’s No. 2 property vertical, into the second phase.
In India, the matchmaking and wedding-services company Matrimony.com successfully placed new shares in two steps. First, it allotted shares to ten so-called anchor investors, and then it successfully placed new shares in an IPO. Among the anchor investors were Small Cap World Fund, HDFC Mutual Fund, private equity fund Baring Private Equity India, and Goldman Sachs.
CareerEngine.org, a recruitment site for bilingual jobs in Japan owned by GPlus Media, partnered with Japan HR Society (JHRS), a well-linked HR consultants group, to promote job postings and build up its resume database.
Frontier Digital Ventures (FDV) invested in Infocasas, a leading property site in Uruguay and Paraguay, and also operating in Bolivia. The investment of $952,000 U.S. ($1.2 million AUD) in cash was made for an initial stake of 31.3 percent in Infocasas. FDV was given the option to increase its stake to 51 percent by buying shares of vendors.
AutoTrader.co.uk, Britain's biggest auto classified, is implementing new measures to improve transparency and build consumer confidence. The latest is a warning to auto dealers who fail to add their administration fees to the selling prices of the vehicles they list.
Australian commercial property site RealCommercial.com.au has launched an investor tool to help commercial property investors determine rental yields, capital growth, and occupancy and tenancy rates of potential investment properties.
StepStone, the jobs platform owned by Axel Springer, announced today the acquisition of Turijobs.com effective immediately. The site is Spain’s largest dedicated site for jobs in the hotel and tourism industry. Details of the deal were not provided.
SK Holdings, the third largest business conglomerate in South Korea, is considering the sale of its used-cars classified site SK Encar (at Encar.com) in a deal which may pocket it between 100 billion won ($88.6 million U.S.) and 200 billion won ($177 million U.S.), reported The Korean Herald.
Akhtaboot.com (Arabic for octopus), one of the leading job sites in the Middle East, will launch its 8th job fair in Amman on the 13th and 14th of this month. Attending job seekers will be able to meet companies from different sectors and industries under one roof, participate in courses and workshops. Career advice will be completely free for any individual interested in self-growth and career advancement.