At the start of the week, Naspers CEO Bob van Dijk (44) was interviewed by CNBCAfrica at the annual meeting of the World Economic Forum in Davos. Now, at the end of the week, Van Dijk gave another interview.
E-mao, an auto site in China, raised RMB 400 million ($58 million U.S.) in Series B funding from an undisclosed investor. The company also announced FY2016 earnings of RMB 2 million and total facilitated transactions of RMB 500 million in the period.
Payments via Facebook Messenger have come to Europe, bringing closer the possibility that online payments will soon become part of Facebook Marketplace. An e-money license in Ireland has now crossed over to Spain via the EU's reciprocal EU agreements.
As with cars, dealers in the U.S. must now pay $5 per boat to list on the popular classified site. The result: less ads, better ROI for dealers.
“We will get our goods and services in Pakistan for sure,” EBay CEO Devin Wenig, said at a Facebook Live session of the World Economic Forum annual meeting, currently underway in Davos, Switzerland.
Leading Chinese online classifieds marketplace operator 58.com (NYSE: WUBA) is the target of criticism yet again - this time it revolves around the theft of bicycles.
U.S. online retail giant Amazon.com quit negotiations to acquire UAE-based online marketplace Souq.com for a speculated $1 billion U.S., reported Bloomberg. AIM Group tried unsuccessfully to get confirmation of the report from Souq.com, and on the way forward for the marketplace.
Jimoty (Jmty.jp), a leading general classifieds site in Japan, has been breaking traffic records with its mobile and desktop sites ever since Next Co., a classifieds company in Japan, invested an undisclosed amount in Jimoty in June 2016.
Indeed.com, a world’s leading job search engine owned by Japanese Recruit Holdings, appointed Fiona Baker Portet as head of communications for Australia and New Zealand.
China's ecommerce giant Alibaba rolled out a new anti-counterfeiting initiative in partnership with 20 global consumer goods brands that use its platform, including Louis Vuitton, Huawei, Mars and Samsung.