Recommerce is growing strongly in Germany, and its larger recommerce players are generating much more revenue from used goods than its general classified sites. Recommerce sites buy used goods from consumers and re-sell the goods (mostly on other sites) for a profit.
The Chinese used-car auction platform Chezhibao announced that it has secured $100 million U.S. in its series C-funding round, which was led by investment management firm PAG.
Gerben Beck, formerly a manager of the new-auto segment at EBay-owned Marktplaats.nl, has left the dominant classified site of the Netherlands to work at a Digital Dealer Center to help dealers manage their leads.
In an industry first, Rent.com.au (ASX: RNT), the Australian rental property vertical and challenger to leading property sites Domain and Realestate.com.au, has rolled out a new feature that shows the National Broadband Network (NBN) status of each property listed on its site.
After Immobilienscout24 sold back the stake it had in mobile-first marketplace Stuffle, the German stuff platform pivots its business focus again.
58.com Inc. (NYSE: WUBA), China's largest general classifieds platform, grew its revenue by an eye-opening 70 percent in FY2016, bolstered by job ads, which grew faster than all other categories on the site.
InfoJobs.net, the leading Spanish recruitment site, announced that 1.2 million job contracts were signed through the platform in 2016 - a 45-percent increase on the 2015 number of around 831,000 hires.
Lehrberuf.info, Austria's no. 1 platform for apprenticeship positions, now offers a career test with job-matching thanks to a partnership with Germany's TalentsConnect.
MercadoLibre adopted a policy of fixed, quarterly dividends, which it hopes will allow it to "allocate additional capital to key initiatives intended to generate important incremental scale efficiencies for the long-term in businesses, driving current growth, including logistics, Fintech and retail".
All auto dealers on EBay-owned Marktplaats.nl are now directed to a special site, where they can look at a wealth of information on the leads generated by their auto ads. The information is also usefully presented in visual form.