Shixian.com, a gig economy platform serving the Chinese tech industry, secured 3 million RMB ($438,000 U.S.) in an angel-funding round led by the tech-focused venture firm Xianfeng Changqing and Bopai Capital.
WeChat, Tencent’s hugely popular (938 million users) and pan-functional chat, payment, and e-commerce platform, launched a project called “micro-apps” last year. These lite-functionality apps operate within the WeChat program itself and promise to save memory and stretch battery life for users.
Temp job site Doumi.com and auto site Guazi.com belong to 58.com. The two sites were in the news recently for an innovative summer program for students and a new distribution center respectively.
58.com (NYSE: WUBA), China’s leading classifieds horizontal, will launch a new auction site for used autos in partnership with the auto-manufacturer joint venture Dongfeng-Nissan (JV) soon. The site, to be called Yichengpai, will be an offshoot of Yicheng.58.com, the existing used-auto transaction site of 58.com and the JV.
Autorola Group, the online remarketing and automotive IT solutions company, announced the launch of its big-data tool for the used-car market in the U.K..
OLX South Africa moved its website and native apps into a progressive web app. This significant change has not been done incrementally, but all at once. The intent is to add a layer of security against fraud, while also simplifying usage.
Divar.ir, the biggest mobile-first general classifieds brand in Iran, emerged as the top among five most popular local Android apps (read most downloaded) with 11 million plus downloads so far in June, reported tech information site TechRasa.
In Poland, Agora's real estate site Domiporta.pl launched the so-called Lead Exchange, a paid service based on Big Data, for real estate agents.
Real estate site Yuvako.com has an experienced team behind it. It was launched eight months ago by the same team had developed, launched and sold Eniyihekim.com to Poland-based DocPlanner.com.
OLX Group, the classifieds business of Naspers, is close to breaking even. Take LetGo out of the numbers, and OLX Group may even turn its first trading profit in the current financial year (FY2017/18 to end-March 2018). Excluding LetGo, the trading loss of OLX Group dropped to “only” $78 million U.S. in FY2016/17 from $192 million U.S. in FY2015/16, and $286 million the year before that. If this trend stays intact, OLX Group should be breaking even any month now.