Japan’s mobile-only flea market Mercari.com seems relentless in its efforts to grow its user base by introducing catchy consumer services one after another. From today (June 5), the c-to-c marketplace offers buyers one month credit on every purchase for a (small) flat fee.
Bangalore-based RentOnGo, an online marketplace for renting bikes, electronics, kitchen appliances, adventure gear, wedding chairs and tables, medical equipment and other kinds of appliances, raised an undisclosed amount from Chennai-based, two-wheeler manufacturer TVS Motor Company, reported VCCircle. TVS Motor reportedly picked up around 20 percent of RentOnGo in return for its investment.
General classifieds site OLX considers the introduction of an upsell service in Kenya for its real estate category, to generate revenue and grow its share of the market.
Online used-goods platform Kumai, launched by e-commerce giant JD.com in February, will shut down. Already, the homepage is blank. JD.com said the decision to close Kumai was taken due to a “business transition.”
Recently, the Carousell founders talked about some of their artificial intelligence (AI) features and their plans to create new experiences for users based on Classifieds 4.0, which incorporates AI into classifieds sites, at the Wild Digital conference in Kuala Lumpur.
To make headway in the cross-screen era, Minne hired tech firm Appier to boost app downloads and optimize cost per install (CPI). The partnership brought excellent results - both in terms of installs and in reducing the cost per install (CPI) for Minne.
Norwegian business daily DN.no questioned Schibsted's non-competition agreements concluded with Naspers late in 2014. Are we about to revisit the peace deal and the approvals received from several anti-trust authorities for the deal in the 20-odd countries involved?
After the launch of its latest brand campaign titled ‘ Six months break-up challenge’, that went live on TV and internet last month, general classifieds site OLX India has now called on several ad agencies to pitch for its India account. The creative pitch was called two weeks ago, reported a news agency. The account is currently in the hands of Lowe Lintas, the creator of the "Six months" campaign.
Baixing.com, China’s second-largest classifieds platform behind market leader 58.com (NYSE: WUBA), has been selected to join the higher echelons of the New Third Board, or National Equities Exchange and Quotations (NEEQ) market.
German media today reported the conservative Polish government is mulling the idea of reducing foreign ownership in Polish media. It is reportedly drafting the so-called “Re-Polonization Act” to be ready for implementation late in June.