Tag: chip perry


Caledonia buys huge TrueCar stake

Caledonia buys huge TrueCar stake

Caledonia (Private) Investments Ltd., a major investor in classified advertising sites, has disclosed a stake of almost 10 percent of the shares of TrueCar. Caledonia has been one of the leading investors in Zillow Group, Zillow and Trulia (before their merger) and Rightmove, among others. TrueCar shares have almost tripled in value during the past year.


In India, CarTrade may acquire CarWale

In India, CarTrade may acquire CarWale

It looks like more consolidation under way among automotive classified sites in India. CarTrade.com is in talks to acquire rival CarWale Group, including CarWale and BikeWale, for about $120 million (Rs790 crore), according to the Economic Times. Economic Times said an an


Chip Perry becomes CEO of RentPath

Chip Perry becomes CEO of RentPath

Updated with Apartments.com info; RentPath revenue comment From cars to apartments. Chip Perry, the founder and long-term CEO of AutoTrader.com, has jumped to another Atlanta-based classified company as its new CEO and president. He’ll be heading RentPath, a conglomeration of rental-advertising businesses that’s part-owned by Providence Equity Partners, which had an investment in Au


Chip Perry taking on CoStar Group

Chip Perry taking on CoStar Group

Chip Perry, former CEO of AutoTrader.com, along with Jason Calacanis and several others, has invested in an Atlanta-based commercial real estate startup called REscour. The plan for REscour is to compete with CoStar Group's suite of practitioner tools, and its LoopNet commercial property listing site. There is no indication that REscour will impact CoStar's other important subsidiary, Apartments.c


Motors and News UK announce partnership

Motors and News UK announce partnership

Auto Trader's main rivals in the U.K. are joining forces to launch a joint classified and display advertising network, the companies announced today. Motors.co.uk, owned by Cox Enterprises in the U.S., is teaming up with News UK's SunMotors.co.uk and Driving.co.uk. The aim is to use Motors' platform and dealer penetration with News UK's edito