U.S. private equity group TPG Capital has eyes on acquiring a controlling stake in the real estate business Domain Group, once it's spun off from Fairfax Media late this year.
The internet and ecommerce giant Tencent Holdings Ltd., China’s largest internet company by market cap, has released its 2016 annual financial report. Tencent operates the massively popular Tencent QQ and Weixin portals in China, in addition to going live with its own stuff marketplace, Xianbei, in mid-2016. The company reported a net profit of 41.45 billion RMB ($6 billion US) for 2016, up 42 percent...
From August 16 this year, Turkish debit/credit card holders will have to instruct their banks to process transactions every time they use their cards - also online, also on classified sites, and also for international transactions, reported Webrazzi.com.
Zameen.com, leading online property site in Pakistan, recently added a 3-D walkthrough feature to its mobile app to give the home seeker a better feel for the home, before he spends time and effort to visit it. The virtual reality (VR) technology used by Zameen, is unique in the country’s vertical and horizontal classifieds industry.
Times Network, a subsidiary of The Times Group, which is India's largest media conglomerate, rebranded its 24-hour, dedicated realty news channel Magicbricks Now to Mirror Now.
After negotiating for nine months (with an interruption of a few weeks earlier this year), Amazon has agreed in principle to buy Souq.com, the Dubai-based online shopping market, reported Reuters.
Dealroom.co, the information site for technology and venture capital in Europe, released an interesting report on the use of media-for-equity in Europe by start-ups to build awareness and get traction.
RealEstate.co.jp, the real estate site in Japan owned and operated by GPlus Media, walked an indirect path to get virtual reality (VR) capability for its for-rent listings.
In the Czech Republic, LMC launched the app-only job service Profinaut to facilitate part-time projects for professionals.
The FY2016 annual report released yesterday by Xing AG for shareholders to consider at its annual general meeting on May 16, lifted the lid over a few plans for the current financial year.