Updated with Seek listing count and comment
Fairfax Media in Australia is beefing up its recruitment advertising efforts, which were once dominated by the “rivers of gold” classified print ads in the Sydney Morning Herald and The Age of Melbourne, by working with job-listing aggregator Adzuna to try to overtake Seek.com.
Fairfax today (Thursday)
ASX-listed Seek, Australia’s undisputed No. 1 job portal, acquired a stake of 25 percent in One Africa Media (OAM), Africa’s leading classifieds company, for $20 million U.S. in cash. The lion’s share of the money will “fund further growth in the OAM portfolio to capture the large mar
The company that owns leading Australian jobs site SEEK.com.au has moved into the North American market, buying a 40 per cent stake in Mexico’s Online Career Centre (OCC) for a reported US40 million.
Although SEEK Ltd is not a household name outside its Australasian base, its market capitalisation of around A$2.5 billion (US$2.24 billion) makes the company more valuable than Monster Worldwide Inc
It’s disappointing what passes as a revolution these days.
Fairfax Media declared it was revolutionising the New South Wales and Queensland classifieds industry by combining its classifieds brands – MyCareer, Drive and Domain – with the print classifieds of regional-based publihsing group APN.
Fairfax says the
James Packer's Consolidated Media Holdings (CMH) has sold its 27 percent stake in the Australian giant job portal Seek. The move, which will net CMH a reported A$440.6 million ($368.4 million U.S.), comes just a day after Seek announced a reduced profit of A$55 million.
In 2003, the Packer family bought into Seek through its company P
The rate of decline in Australian job listings has steadied, according to the most recent data published by the country’s largest recruitment classifieds Web site.
Seek’s monthly jobs listings data shows that the number of ads placed on its site fell by a seasonally adjusted 5.6 percent over April 2009, continuing the downward trend observed since mid last year. That was
A halt has been called in trading of Seek shares as the Australian recruitment portal attempts to raise more than A$100 million ($71 million U.S.) to fund acquisitions for its education and training businesses.
In announcing the halt on the Australian Stock Exchange (ASX), Seek said that it will be using $42.5 million of the money it raises to acquire 50 percent of Think, an education bu