Author Archives: AIM Group



AIM Group

Quikr merges with CommonFloor
in Real Estate

Quikr merges with CommonFloor

Quikr, India’s leading online classifieds portal, on Thursday announced the merger of its real estate division, Quikr Homes, with another real estate listing company, CommonFloor.com. The combined entity will be the largest in the space. The companies did not disclose the terms of the deal.

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07 Jan 2016
in Financials / Deals

InfoEdge picks stake in Canvera

Info Edge India Ltd, providers of online classifieds listing services for recruitment, matrimony, real estate and education sectors, has invested Rs.150 million in a Bangalore-based photography start up, Canvera Digital, according to the report filed by the company on Bombay Stock Exchange website.

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28 Dec 2015
in Financials / Deals

RingierAxelSpringer officially announces United Classifieds s.r.o.

We already reported this, now it’s official: Ringier Axel Springer’s  Slovakian investment Azet.sk has founded a new subsidiary (United Classifieds s.r.o.) and is bundling it’s classifieds. Effective December 1, 2015, Azet.sk, a company of Ringier Axel Springer Slovakia, transferred all its classifieds business, including 100% of Autovia s.r.o. and a 42.1% stake in Narks Infoservis a.s., into the newly founded subsidiary. Subsequently, the new company acquired all outstanding shares...

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24 Dec 2015
Quikr acquires small real estate tools site
in Financials / Deals

Quikr acquires small real estate tools site

Amid widespread speculation about a possible buyout of CommonFloor.com, Quikr.com today announced the surprise acquisition of RealtyCompass, an analytic s tool for property consumers and investors. Negotiations for a CommonFloor deal have been going on for months between the Quikr owners / investors and the owners / investors of CommonFloor, a second-tier property site in India. Reports of a potential acquisition have been circulating for...

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03 Dec 2015
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