In Australia, classified advertising spends increased 15 percent last year, contributing $1.5 billion AUD to the country’s total digital advertising spend of $7.9 billion, according to a report released by Interactive Advertising Bureau (IAB) Australia and PricewaterhouseCoopers (PwC).
At least Amazon (Nasdaq: AMZN) can say it’s Australian launch managed the element of surprise. It’s local site went live a little after midnight on Tuesday, after analysts speculated just last week that it might not materialize until 2018.
Analysts said there were no surprises at Seek’s annual meeting this week, despite the Australian job site experiencing strong revenue growth and upgrading its full-year earnings forecast.
After months of speculation, it looks like ecommerce giant Amazon will soft-launch its marketplace in Australia this Thursday, followed by a full launch on Friday, just in time for the Black Friday sales in U.S.
WorkApp, an Australian, mobile-first classified horizontal, hopes to revolutionize the classified industry with its free platform that has so far ratcheted up 20,000 registered users since launching a year ago.
The Australian arm of e-commerce giant EBay (Nasdaq: EBAY) promoted its chief marketing officer Tim MacKinnon to the role of managing director for Australia and New Zealand.
In Australia, EBay-owned Gumtree, wants to become the “Google” of buying and selling things — cars, in particular.
Australian automotive news and review site CarAdvice teamed up with Facebook to launch a new, auto marketplace “to help OEMs build brand awareness and generate leads”.
Domain, the real estate business owned by Fairfax Media, added a new feature to its app that lets readers of its print magazine scan QR codes of properties to bring up their online listings and details in the Domain app.
Australian talent technology platform LiveHire (ASX: LVH) almost tripled its cash receipts in Q2 of FY2017 to $330,000 AUD from $124,000 AUD in Q2 of FY2016, but cash flow from operating activities remained in negative territory.