Tag: Asia


Seek looks east

Seek looks east

Seek has signaled aggressive growth for the company’s Chinese and south-east Asian ventures with plans to launch its learning business in Asia over the next six months, according to media reports. This follows a strong full year result for the employment classifieds business, with revenue up 20 percent over FY14 to AUD$858.4 million and EBITDA up 15 percent to AUD$348.9 million. In June this year...

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Asia Pacific incubator will start a venture each Q

The Asia Pacific Internet Group, a startup incubator for Asia Pacific’s burgeoning e-commerce market, aims to start one new venture every quarter. The group’s network consists of 14 e-commerce and online marketplace companies, operating across 15 countries This impressive list of companies include classifieds such as Carmudi, Lamudi, Everjobs, and ads.com.mm, a leading Myanmar classifieds portal. The Asia Pacific Internet Group is a joint venture...

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New used-auto site launched in India

New used-auto site launched in India

A new online marketplace for pre-owned autos, called 19miles.com, was launched last week by Prashan Agarwal, co-founder and former executive of real estate site PropTiger.com. Based in Delhi, it will open branches in Mumbai and Bengaluru within the next three months. 19miles.com has the backing of an unknown angel investor. The startup will face strong competition from existing classified platforms CarDekho, CarTrade, and CarWale, all...

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Autohome Announces Board Change

Autohome Announces Board Change

Autohome Inc.,operator of one of the main websites for automobile consumers in China, continues to bring new blood into its board of directors. The company, which is listed on the New York Stock Exchange, announced on Jan. 12  the appointment of Liu Junling as an independent director and a member of the audit committee of the board of the company, with immediate effect. Liu Junling...

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REA sells HK business to iProperty, strengthens shareholder grip

REA sells HK business to iProperty, strengthens shareholder grip

REA Group has sold its Hong Kong business to iProperty Group, in a deal worth AUD$15 million (US$13.5 million). The sale is subject to iProperty shareholder approval. iProperty will operate REA’s squarefoot.com.hk and its own GoHome.com.hk. Squarefoot also has a printed property magazine that iProperty will take over from REA. REA’s stake in iProperty of 17.2 percent, which it bought from Paris-based SeLoger.com in July...

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New microjob marketplace for Asia’s freelancers

New microjob marketplace for Asia’s freelancers

There’s a new online microjob marketplace for Asia’s freelancers. The site’s called 5bux.net and is run by Keokera Online, an internet marketing and technology company based in Singapore. Here’s the full press release from Keokera: Keokera kicks off a microjob marketplace for online freelancers Singapore — (ReleaseWire) — 10/10/2014 — Internet marketing and technology company Keokera Online has announced the launch of a new microjob...

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Indonesia’s TokoBagus rebrands to Olx.co.id

Indonesia’s TokoBagus rebrands to Olx.co.id

Indonesia’s biggest classifieds site TokoBagus announced its name change to Olx.co.id this week, according to techinasia.com. The company assured users that the only thing changing is the brand and domain name. COO Alif Priyono said, “We are already the largest site for online selling in Indonesia, and becoming Olx.co.id and joining a global brand will help us to extend our lead even further as we...

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Real Estate Channel, Juwai, bring Chinese home buyers, Canadian agents together

  More Canadian Real Estate Agents to Target Chinese Buyers via Real Estate Channel Deal with Juwai.com   (Shanghai, China) – Canadian real estate professionals can now market their listings to Chinese buyers automatically from within a popular industry marketing solution. This results from an exclusive partnership between Canada’s only real estate television network, Real Estate Channel and the No. 1 Chinese international property portal...

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CarSales to take 20% stake in ICar Asia

CarSales to take 20% stake in ICar Asia

Carsales.com Ltd, the Australia-based classified company that offers automotive and general merchandise listings, is acquiring a 19.9 percent strategic stake in ICar Asia Ltd., owner of a network of automotive portals in ASEAN, the two companies announced yesterday. The companies have forged a strategic partnership, with the Australian company investing A$13.4 million ($13.9 million U.S.) in ICar Asia and receiving the right to have a...

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IProperty mobile visits up 352% YOY, Asia-Pacific world’s largest mobile market

THE IPROPERTY GROUP REPORTS STRONG GROWTH IN MOBILE USAGE   Kuala Lumpur, 27 November 2012 – In an online survey conducted in August 2012 by Mobext, the world’s largest mobile marketing agency network, it was revealed that with more than 2.5 billion subscriptions and 70-90% average mobile customer penetration in many countries, the Asia-Pacific region is the largest and fastest- growing mobile market in the world....

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