Lazada.com, a large ecommerce site in Southeast Asia, launched a dedicated platform on which Malaysian consumers can shop for leading Chinese brands. The so-called “Oriental Pavillion” will introduce brands like Semir, QCY, Bluedio and Puppyoo in partnership with Alibaba’s TMall, a big ecommerce site in China.
MyNavi.jp, a company in Japan with a number of job sites in its portfolio, launched a new site to help employers improve their hiring process and human resources management.
Rocket Internet closed a $1-billion U.S. round for a new investment fund called Rocket Internet Capital Partners (RICP), which it claimed to be Europe’s largest investment fund focused on the internet sector.
Renrenche.com, a c-to-c auto site in China, said it will deposit RMB 200 million ($29 million U.S.) in a fund which safeguards its users against fraud. The fund was touted as the first of its kind among used-auto sites in China.
CarSales.com announced the retirement of Greg Roebuck, managing director and chief executive officer since 2002, and the appointment of Cameron McIntyre, currently CarSales’ chief operating officer (COO), as Roebuck's successor effective March 17.
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.