Domain, the neglected middle child of Australian real estate sites, is finally getting its chance to shine. And boy, is it making up for lost time.
Besides having two international suitors on the line to open their cheque books and acquire the real estate business, Domain made a big splash this week with news that it’s launching its own education program, called Domain Academy.
Australian tradie marketplace Oneflare added two technology veterans to its leadership team, with the appointment of Greg Willis as chief technology officer and Cassie Dessein as chief operating officer, both effective immediately. (Tradie marketplace is Aussie for home-services marketplace - editor.)
REA Group (ASX: REA) revenue grew 16 percent in Q3 of FY2016/17 (the first three months of 2017) to $156 million AUD ($115 million U.S.) from Q3 of F2015/16, the group’s parent company News Corporation (Nasdaq: NWSA) announced in a trading update this week.
Global real estate advertising company REA Group appointed Henry Ruiz as interim chief executive of the company’s Asia business with immediate effect.
News Corp. sold its 50-percent stake in Australian auto site CarsGuide to Atlanta-based Cox Automotive for an undisclosed amount, in a deal awaiting the green light from shareholders and anti-trust authorities.
News Corp., REA Group and Move launched a network of real estate sites consisting of 12 sites operating in 56 countries.
News Corp signed a multi-platform advertising deal with job site Seek, and will exit its relationship with job site CareerOne.
News Corporation has taken a majority shareholding in visualisation technology and real estate marketing company Diakrit.