Namshi, the Rocket Internet-owned fashion retailer with sites in six Middle Eastern countries, promoted Alessandro Nadalin to CTO. The Italian was formerly Namshi’s vice president of technology.
A number of tech vendors occupy key roles in the big-data strategy of LeBonCoin.fr, France’s dominant horizontal site with more than 7 billion pageviews per month. "Spark does the data streaming, Kafka handles data messaging, and Amazon S3 the data storage," LeBonCoin chief data officer Aissa Belaid told French media recently.
Carvana’s initial public offering on Friday didn’t go quite as well as the company had hoped. The IPO was priced at $15 U.S. a share – right in the middle of its $14 to $16 target price – but fell 17 percent, before recovering slightly to close the day at just $11.10 a share.
Wallapop, the mobile-only marketplace that boasts more than ten million users in its native Spain, launched an in-app payment service called Wallapay. The payment tool allows users to make transactions in the app, creating a secure payment experience without having to share financial information. Wallapop takes a commission on each transaction.
Chinese e-commerce giant Alibaba (NYSE: BABA), the parent company of Taobao and its used-goods sister app Xianbei, netted $1 billion U.S. by selling off its position in Momo Inc.. Nasdaq-listed Momo is a Beijing-based, location-based live streaming and instant messaging app.
Paul Levine, who spent more than six years at Trulia and helped guide it through the merger with Zillow, announced he’s leaving Trulia in May after more than six years and will join a venture capital firm. Levine began as COO at Trulia in 2011 and became president in February of 2015. He started in interactive media as VP and GM of local for Yahoo...
Getting locked out of Facebook has got to be one of the worst punishments in the social media age. The apparent cause: Facebook Marketplace. A glitch in the new Facebook classified app's fraud protection protocols kept some users out of Facebook as a whole for 72 hours and more.
In its report for Q1 of FY2017, released earlier this week, Kinnevik revealed a number of interesting facts about its two classifieds investments - Quikr and Saltside.
Allas.hu is a new jobs site that enables people to apply for jobs by simply listing their skills and experience, and without having to upload their CVs.
Which classifieds site has the highest conversion rate? How do the users of Autotrader and Cargurus differ? What is the user journey like for someone who is buying a car? These are the questions we challenged Deren Baker, CEO of Jumpshot, to answer when he takes the stage in Miami at the Global Online Classifieds Summit on June 22.