LinkedIn, the professional networking site owned by Microsoft (Nasdaq: MSFT), has launched a Windows 10 desktop app in order to become more deeply integrated with its parent company’s operating system.
No big deals were announced in the classifieds division at Schibsted's Q2 results presentation today, but Schibsted Growth presented a deal that has a few classified connections, making it worthwhile to report. Schibsted will sell its search engine business in Sweden to a group with well-known “classifieds personalities".
Google formally launched its applicant-tracking service (ATS), dubbed just "Hire", today. Indeed is included, too - news or wishful thinking?
Schibsted Spain announced the appointment of Estanis Martín de Nicolás to the role of managing director. He will assume overall leadership of marketing-leading recruitment vertical InfoJobs.net, real estate platforms Fotocasa.es and Habitaclia.com, marketplace sites Milanuncios.com and Vibbo.com, and auto verticals Coches.net and Motos.net.
Today, Schibsted reported a record-high gross operating profit for Q2 of FY2017, as part of a sunny report from Oslo, where most people are already on holiday. EBITDA was higher than expected and at NOK 4.3 billion ($533 million U.S.), Q2 revenue was slightly higher than analysts had expected.
The French real estate site ChercheMonNid raised €1.2 million ($1.4 million U.S.) from Normandie Participations, NFactory and 5M Ventures. The proceeds will fund its expansion into other countries and enable it to hire additional staff. But, details about specific plans were not divulged.
Singapore Press Holdings (SPH) reported its results for the third quarter of FY2017 with net profit at $28.9 million U.S. from $52.7 million U.S. (-45.2 percent) in Q3 of FY2016. Revenue dropped 10.8 percent in the period to $189.8 million U.S..
In Australia, the EBay-owned, general classifieds site Gumtree is preparing to take an even bigger bite out of the used-cars and jobs pie, after this week unveiling its redesigned website and mobile apps.
Australian rental site Rent.com.au (ASX: RNT) launched a "local display ads" product aimed at small businesses looking to target people moving to their local areas.
Domain, the Australian real estate platform owned by Fairfax Media (ASX: FXJ), is expanding into business journalism with the appointment of former News Corp. scribe Chris Kohler as its first, national business editor.