Financials / Deals


JobToday signs media-for-equity deal

JobToday signs media-for-equity deal

Recruitment app JobToday signed a media-for-equity deal worth $35 million U.S. The Luxembourg-based blue-collar job app co-founded by Eugene Mizin and Polina Montano made the deal with three investors: Spanish media group Astremedia, media equity fund German Media Pool and broadcaster RTL Germany (which is a strategic minority shareholder in Astremedia).


In China, 51job achieves solid revenue growth

In China, 51job achieves solid revenue growth

Despite a decline in operating and pre-tax margins, the earnings of leading Chinese job board 51job Inc. rose last year from FY2015, according to the financial report for FY2016 released late last week. 51job is one of the top three recruitment advertising companies in China. The other two are Zhaopin Ltd., and ChinaHR Corporation, a subsidiary of 58.com Inc..


Amazon and owners of Souq.com talking again?

Amazon and owners of Souq.com talking again?

Amazon resumed talks to acquire UAE-based online marketplace Souq.com after the owners of Souq had trimmed their expectations of what they can get for Souq. The parties are now negotiating around the level of $650 million U.S., Bloomberg reported, citing sources familiar with the matter.


Proto Corporation’s revenue up, net income down

Proto Corporation’s revenue up, net income down

Proto Corporation, owner of auto vertical GooNet and motorcycle marketplace GooBike in Japan, registered a nearly four-percent rise in revenue to 42.4 billion Japanese yen ($368 million U.S.) in the 9-month period to end-December of its FY2016/17 from the 9-month period in FY2015/16.


Trade Me reports H1 revenue down to category level

Trade Me reports H1 revenue down to category level

The financial reports of Trade Me (NSX: TME), a marketplace and auction site in New Zealand, are interesting for a completely different reason. It is, namely, the only general classifieds platform in the world, as far as we know, which breaks its revenue down to category level.



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