AIM Group | September 26, 2023 | Marketplaces
Will smaller shareholders back the Adevinta deal? Adevinta deal to be financed by $4.9B in private credit EBITDA margin at Mobile.de reached 62% in Q3 2023...
Deb Stowe | November 29, 2023 | Automotive, Digital Auto Retail, People on the Move
Online car dealer Vroom posted total Q3 revenue of $236 million, down by 30.9% on Q3 2022. The company had e-commerce revenue of $150 million in Q3, a 33.5% fall...
Greg Spencer | November 29, 2023 | Recruitment
Taking aim at one of the rosier segments of the recruitment industry, LinkedIn has beefed up job-search features for nurses. They include several new filters that...
Ben Salisbury | November 29, 2023 | Automotive, Digital Auto Retail, Financials / Deals
CarWow has closed its latest crowdfunding campaign after raising more than £3 million, more than doubling its £1.4 million target. CarWow has now raised £3.1...
Gary Stern | November 29, 2023 | Recruitment
Founded by Edward Golba, Denver-based FlavoredResume, which tailors resumes to specific jobs using AI, launched on Nov. 27. According to its website,...
Tariq Ahmed Saeedi | November 29, 2023 | Real Estate
Suumo.jp, a real estate marketplace owned by Recruit Holdings, has once again been named the best property marketplace in Japan by research company Oricon Inc. A...
Ben Salisbury | November 29, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Rightmove presented details of its medium-term strategy and how it plans to respond to new competition from CoStar Group’s takeover of OnTheMarket at a Capital...
AIM Group | November 29, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Australia-based property recommendation app Soho has raised funding of A$750,000 ($497,000 U.S.) from Singapore-based Feedback Ventures, valuing it at more than...
AIM Group | November 29, 2023 | Automotive, Marketplaces, Financials / Deals
Marketplace specialist Prosus has posted strong growth for its classifieds business unit for the six months to September (H1 FY 2024), driven by European auto...
Damian Shore | November 29, 2023 | Real Estate, PropTech & IBuying
France-based proptech company Unlatch is finding the Costa del Sol on the south coast of Spain a lucrative market, El Español reports. According to Unlatch, a...
Damian Shore | November 29, 2023 | Automotive, Digital Auto Retail, Financials / Deals
Revenue at Spain-based digital auto retailer Clicars fell by 8.0% year on year to €340 million ($374 million U.S.) during the 12 months to September 2023 (FY...
Damian Shore | November 29, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Proptech startup PropHero is on course to more than double its revenue to €10.0 million ($11.0 million U.S.) this year, according to co-founder Pablo Gil. Like...
Christine Won | November 29, 2023 | Recruitment
South Korea-based job site operator WantedLab recently debuted a service offering personalized ads targeting its 3.2 million users, who work in such industries as...
Patrick Kosmider | November 28, 2023 | Marketplaces, People on the Move
Petra Ehmann (above), the current chief innovation officer of Switzerland-based media company Ringier AG, has been additionally tasked with leading global...
Christine Won | November 28, 2023 | Marketplaces, Niche Marketplaces
South Korea-based general marketplace Joonggonara has launched a new payment feature to let users make purchases on the web. Previously, they were only able to do...
Ignacio Landivar | November 28, 2023 | Automotive
With consumer interest in electric vehicles continuing to accelerate in Europe, the leading automotive marketplace in Germany, Adevinta-owned Mobile.de, has added...
Deb Stowe | November 28, 2023 | Niche Marketplaces, Financials / Deals
Luxury resale marketplace The RealReal posted revenue of $133 million U.S. in Q3 of this year, down by 7% year on year (y-o-y). Gross merchandise value fell by 8%...
Deb Stowe | November 28, 2023 | Niche Marketplaces, People on the Move
U.K.-based fashion marketplace Depop has made two additions to its executive team, appointing Rachel McShane as CFO and Rebecca Levy-Lewis as senior director,...
Deb Stowe | November 28, 2023 | Niche Marketplaces
Paris-based used luxury goods marketplace Vestiaire Collective is extending its ban on fast fashion to include 30 more retailers in a move timed to coincide with...
Damian Shore | November 28, 2023 | Niche Marketplaces
Retail giant Ikea continues to step up its efforts in used furniture — at least in Spain. There are now thousands of secondhand items listed on a dedicated...
Tariq Ahmed Saeedi | November 28, 2023 | Automotive, Digital Auto Retail, Financials / Deals
In its financial reporting for the three months to June (Q1 FY2024), China-based used-car retailer Uxin expressed doubt over its ability to continue as a going...
Ben Salisbury | November 28, 2023 | Real Estate, PropTech & IBuying, Financials / Deals
Rightmove has outlined plans to grow its business by 170% over the next five years and reach revenue of £600 million ($762 million U.S.) and £420 million in EBITDA...
Deb Stowe | November 28, 2023 | Marketplaces, Niche Marketplaces
U.K.-based fashion marketplace Depop is running a series of pop-up shops across several British cities. It has formed a six-month partnership with retail pop-up...
Damian Shore | November 28, 2023 | Automotive, Real Estate, Marketplaces, Financials / Deals
Revenue at the Classifieds division of Spain-based media company Grupo Vocento rose by 5.0% year on year (y-o-y) to €20.7 million ($22.7 million U.S.) during the...
Christine Won | November 28, 2023 | Automotive, Financials / Deals
South Korea-based Lotte Rental is to purchase an additional 587,413 shares in Socar — its main competitor — for KRW26.5 billion ($20.5 billion U.S.),...
Ignacio Landivar | November 28, 2023 | Automotive
Adesa Europe, which is based in Belgium, and Adesa U.K. — subsidiaries of U.S.-based used car wholesaler Openlane (formerly KAR Global) — have been...
Nik Flegont | November 28, 2023 | Marketplaces, Niche Marketplaces
Russia-based general marketplace Avito has set out to corner the local market in luxury goods after the exodus of foreign brands from the country in the wake of...
Nik Flegont | November 28, 2023 | Marketplaces
Russia-based marketplace Avito has signed up to an AI Code of Ethics developed by the AI Alliance Russia in cooperation with academics in the country. The AI...
Nik Flegont | November 28, 2023 | Marketplaces, Financials / Deals
Russia-based IT giant Yandex, which is owned by the Netherlands-registered Yandex N.V., could be sold in its entirety to a group of Russian investors led by...
Nik Flegont | November 27, 2023 | Automotive
Russia-based IT giant Yandex's Auto.ru vertical has introduced interactive profiles for dealers that allow them to communicate with users in a format reminiscent...
AIM Group | November 27, 2023 | Real Estate, Financials / Deals
Canada-based proptech companies have raised more than CA$1.5 billion since June 2022 with more than 30 funding rounds exceeding CA$10 million each, according to a...
