The Beijing subsidiary of the real estate listings platform Anjuke has been ordered by the Municipal Cyberspace Administration to remove suspected commercial listings, after being informed that it was under investigation for publishing misleading information. Anjuke is a 58.com subsidiary.
Spanish medium-term rental platform SpotaHome.com continues to enjoy strong growth. The company, which celebrates its third anniversary this year, has generated turnover (total contract value) of €35 million ($37 million U.S.) to date, which is €10 million more than it had generated up to October 2016.
ICar Asia appointed ex-Trading Post marketing executive, Jonathan Adams, as its new chief marketing officer with immediate effect.
The board of Telegraaf Media Group (TMG) unexpectedly fired the CEO and CFO (Geert-Jan van der Snoek and Leo Epskamp respectively), for allegedly endangering the take-over by a consortium consisting of Het Mediahuis and VP Exploitatie, took control of the communication lines with the consortium, and issued a joint statement with the consortium provisionally accepting an offer valuing TMG at $295 million U.S..
If Facebook thought that its new Marketplace app might be immune of the kind of scams and fraud that have plagued more established buy-and-sell sites, such as Craigslist and Kijiji, over the years, the last few months have proved decidedly otherwise.
OLX Romania relaunched its jobs category with a fresh structure, new search engine, and a special page with offers for employers.
Germany’s largest real estate site Immobilienscout24 deepened its partnership with student accommodation site Wg-suche.de, as part of its strategy to reach a younger audience.
Career site Ladders looks to be following Indeed’s lead – and one-upping it considerably --- with the launch of a new job referral program.
Chinese jobs site operator Zhaopin Ltd. (NYSE: ZPIN) announced on April 6 that it had entered into a definitive agreement and plan of merger with Australian-based, global recruitment group Seek International Investments (ASX: SEK), the current controlling shareholder of the company.
China’s Souche.com, a Hangzhou-based, c-to-c used-vehicle site, secured $180 million U.S. in a series D funding round led by U.S.-based private equity firm Warburg Pincus LLC.