The merger deal of Immonet and Immowelt, Germany's No. 3 and No. 2 real estate sites, gave Axel Springer control of the new entity (called Immowelt Holding), and put senior managers of Immowelt in the operational driving seat of Immowelt Holding.
The @Leisure Group, Europe’s leading operator of online sites for vacation rentals, appointed Tobias Wann (43) as its new CEO effective July 1, 2015. Wann was headhunted from Texas-based online travel group HomeAway, where he was vice president and general manager for Central Europe (
Media group Axel Springer released its results for FY2014 today (here), and the message was the same as we’ve heard for some time now: classifieds are our star performers.
Axel Springer is organized in four di
Patrick Wehrmann (44) (photo), managing director of Axel Springer Digital Classifieds (ASDC) since the launch of this strategic partnership with General Atlantic in March 2012, has been redeployed in Axel Springer…
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According to a report on Reuters, South African e-commerce giant Naspers wants to sell its assets in Poland, including the Allegro Group, a leader in the online classifieds market in Eastern Europe.
Reuters reported on Jan. 14 (here) that, according to two undisclosed sources, Nasper
Just before the season holidays another quite surprising news echoed from Switzerland, that might have consequences for the classifieds market: Swiss still family-owned media company Ringier and German Axel Springer announced plans to establish a further joint-venture, in which each party shall hold a 50 percent stake.
U.S. investment firm General Atlantic sold part of its stake in Axel Springer Digital Classifieds today for what one can only call "a fat profit".
The company grew its investment of €237 million for a 30-percent share in classifieds company Axel Springer Digital Classifieds in March 2012 to €892 million in December 2014. It pocketed half that amount in cash (€446 million) today - when it sold h
Revenue grew in all three of Axel Springer’s operating divisions (Paid models, Marketing models, and Classified ad models) in the first nine months of FY2014, the company said yesterday. But, the division Classified ad models was the star-performer.
Axel Springer grew its consolidated group revenue by 6.9 percent to €2.2 billion in the first nine months of FY2014. But, the division Classified a
Multinational HR companies Adecco and Manpower announced plans to launch a joint job board to compete with leading Swiss online recruiting company JobCloud AG, which holds a market share of more than 70 percent with national sites Jobs.ch, Jobup