Marketplace


With signing of ‘Craigslist bill,’ Nevada to require safe-trade zones

With signing of ‘Craigslist bill,’ Nevada to require safe-trade zones

Nebraska has become the first state in the U.S. to require that every community establish a "safe trade" zone at police or sheriff's offices. The law was signed on Wednesday by Gov. Brian Sandoval. Assemblywoman Sandra Jauregui, the sponsor, said the AIM Group's SafeTrade Stations initiative was used to develop and support the bill.


Noon, long-awaited Souq opponent, to launch soon

Noon, long-awaited Souq opponent, to launch soon

The launch of e-commerce site Noon.com in the Middle East, originally planned for January, was officially pushed back to "later this year". Noon.com is being developed as an alternative to Amazon-owned Souq.com in the Middle East. It is the brainchild of businessman Mohamed Alabbar, chairman of Emaar.


Ekhanei closes down, leaves Bangladesh to Bikroy

Ekhanei closes down, leaves Bangladesh to Bikroy

The owners of general classifieds site Ekhanei.com in Bangladesh (Schibsted, Naspers and Telenor (SnT)), decided to shut the site down today (May 17), since "the market conditions didn't favor online classifieds and the owners were unable to develop the site into a sustainable and profitable business”.


Vostok pushes Wallapop valuation up by 60%

Vostok pushes Wallapop valuation up by 60%

Vostok New Ventures thinks its 3-percent stake in Wallapop is worth $18.5 million U.S., which translates into a full value for the app of $616 million U.S.. The new value given to Wallapop by Vostok New Ventures is 60 percent up over the previous valuation.



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