OLX Bulgaria published its impressive site statistics, and plans for 2017, that include the development of mobile products and fostering cooperation with small and medium-sized companies.
Bayt.com, a leading job site in the Middle East, enhanced its CV search tool to help employers in their ongoing battle to connect with the best job seekers.
Truebil, a start-up in India which describes itself as “a curated, authentic and verified virtual marketplace for pre-owned cars”, raised $3 million in a series-A round from Chinese investor Shunwei Capital, which also backs auto site RenRenChe in China.
EBay teamed up with Aeropost.com to provide Latin American shoppers "seamless access to millions of products" on AlaMaula.com in Argentina, and ecommerce sites elsewhere in Latin America, in competition with MercadoLibre, Naspers and Schibsted.
Indeed.com, a leading jobs search engine (if not the leading), is recruiting 500 new staff members at its European headquarters in Dublin, leveraging its fast-growing revenue stream to stay ahead of the curve. This round of appointments will double the workforce at the HQ to around 1,000 people.
In Vostok's Q4 report (published yesterday) CEO Per Brilioth revealed for the first time that the company has invested in the leading Swedish real estate site Hemnet, and holds a stake of 7 percent. Per Brilioth said: "We wish we could have bought more!”
Monster is laying off 180 people, mostly in sales and mostly in the U.S. At least one of those leaving the company is a high-level executive based in New York. The company was taken private under ownership of Randstad Holding NV of the Netherlands in October.
Facebook will have a go at LinkedIn's recruitment revenue.
Vostok New Ventures upped its valuation of the 13.3 percent it holds in Avito to $449 million U.S. - 33 percent higher than a year ago. Which means, Avito is now valued at $3.4 billion U.S..
A year-long legal battle between Realestate.com.au and Domain.com.au, Australia’s two leading real estate sites, which started over a series of advertisements, has come to an end with a qualified Federal Court ruling, namely that some of the advertisements were misleading, but others not. Result? Both parties claimed victory in the legal battle.