"(Zhaopin's) revenue grew strongly (in Q1), thanks to a strong performance by our sales force, and our strategic focus on lower-tier cities, and on small and medium-sized employers (SMEs),” said Evan Guo Sheng, Zhaopin's chief executive officer and chairman.
Jofogas, the leading general classifieds platform in Hungary, and HasznaltAuto, the top auto site in the same country, merged earlier in November. The two classified sites belong to Schibsted Classified Media.
The French real estate site MeilleursAgents raised €7 million ($9.3 million U.S.) from a group of investors, including BPI France, Piton Capital, Alven Capital, and several business angels.
Classified rental site Apartment List raised $30 million U.S. and will use the money "to expand its on-the-ground presence to another 30+ metro areas”, according to a company statement.
Ringier entered into an exclusive partnership with Oracle to deploy performance-advertising technology to all its online and classified sites in Romania.
The acquisition of Grabhouse, a community-based online platform for paying-guest (PG) accommodation, in an all-stock, no-cash deal, was Quikr's ninth of the year.
The French mobile e-recruitment start-up VitOnJob raised €1 million ($1.3 million U.S.). It enables job seekers to get recruited in several clicks, starting from geo-localized profile- and job-matching and ending up with the on-boarding and recruitment paperwork.
SquareYards.com, an advisory and support service for real estate buyers (investors) in India and the Middle East, raised $12 million U.S. from the private equity arm of Anil Ambani-led Reliance Group.
JobToday closed a $20-million U.S. investment round, raising funds from Accel Partners (a Facebook investor), Mangrove Capital Partners (which invested in Skype), and Channel 4's (U.K.) Commercial Growth Fund. The round was led by venture capital firm Flint Capital.
The strong Q1 results released earlier this month by REA Group in Australia was underpinned by the inclusion (for the first time) of income from Southeast Asia's real estate site IProperty.com, the company said.