According to a report on Reuters, South African e-commerce giant Naspers wants to sell its assets in Poland, including the Allegro Group, a leader in the online classifieds market in Eastern Europe.
Reuters reported on Jan. 14 (here) that, according to two undisclosed sources, Nasper
Just before the season holidays another quite surprising news echoed from Switzerland, that might have consequences for the classifieds market: Swiss still family-owned media company Ringier and German Axel Springer announced plans to establish a further joint-venture, in which each party shall hold a 50 percent stake.
U.S. investment firm General Atlantic sold part of its stake in Axel Springer Digital Classifieds today for what one can only call "a fat profit".
The company grew its investment of €237 million for a 30-percent share in classifieds company Axel Springer Digital Classifieds in March 2012 to €892 million in December 2014. It pocketed half that amount in cash (€446 million) today - when it sold h
Revenue grew in all three of Axel Springer’s operating divisions (Paid models, Marketing models, and Classified ad models) in the first nine months of FY2014, the company said yesterday. But, the division Classified ad models was the star-performer.
Axel Springer grew its consolidated group revenue by 6.9 percent to €2.2 billion in the first nine months of FY2014. But, the division Classified a
Multinational HR companies Adecco and Manpower announced plans to launch a joint job board to compete with leading Swiss online recruiting company JobCloud AG, which holds a market share of more than 70 percent with national sites Jobs.ch, Jobup
In the first half of FY2014 classifieds grabbed revenue-share from other divisions in Germany's Axel Springer media group. Thanks partly to acquisitions of classified businesses in the reporting period, and partly to organic growth. Here is what happened…
On June 12 Julian Deutz, CFO of Axel Springer, presented an interesting insider-view of the company's classifieds and daily-deal businesses at a local conference. The presentation is here (PDF in English).
Axel Springer is interested in buying Autoscout24.de, Germany's No. 2 auto site, from Hellman & Friedman and the two parties have met to explore such a deal, Germany's business magazine Manager Magazin reported in its latest issue (repeated here on its