The British Advertising Standards Agency (ASA) handed an unexpected endorsement to real estate portal OnTheMarket.com by censuring hybrid agent PurpleBricks.co.uk, which advertises on Rightmove.co.uk and Zoopla.co.uk but not OnTheMarket, for claiming to advertise on "all major portals".
A German startup for furnished apartment rentals for business travelers announced today it raised €12 million in a funding round to support product and geographic expansion.
Axel Springer-owned Meinestadt.de, a horizontal site that’s heavy on jobs, has introduced an Alexa skill for job search.
German media giant Axel Springer released H1 figures today, showing impressive growth in jobs and real estate classifieds during a half year of significant investments.
PurpleBricks.co.uk, the top hybrid real estate agency in the U.K., is setting ambitious targets at home and abroad, according to co-founder and CEO Michael Bruce. The company aims to capture 10 percent of the British residential market and is considering European expansion.
German global job boards group StepStone will acquire Swedish employer branding site Universum for an undisclosed amount, the group's parent company Axel Springer SE announced today (in German).
Scout24 Group, operator of property portal ImmobilienScout24 and auto site AutoScout24, grew overall revenue by 8.5 percent in FY2017.
German media company Axel Springer will take a minority stake in Purplebricks, the disruptive digital real estate agency.
Autohaus24.de, a German b-to-c site that brokers new car sales, has discontinued its “buy in cash” product, AutomobilWoche.de reported (in German) yesterday. The feature directed buyers willing to pay in full to cooperating dealers.
Classified assets, including StepStone Group, SeLoger, and Immowelt, grew revenue 14 percent over the previous year and cracked the €1 billion mark for the first time.