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Baixing removes all SIM cards and phone numbers

Baixing removes all SIM cards and phone numbers

China’s second-ranked classifieds horizontal, Baixing, has fallen in line with new regulations issued by China’s Ministry of Industry and Information Technology (MIIT) on “real name” registration for phone numbers. The Shanghai-based company has removed all SIM cards and phone cards from its platform as well as entirely eliminating the “phone number” category. The move comes in response to a directive from MIIT that took first took...

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Chinese recruitment sites Lagou and Liepin find partnerships

Chinese recruitment sites Lagou and Liepin find partnerships

Lagou Cloud HR joins Alibaba’s SaaS marketplace The Chinese recruitment and staffing services platform Lagou has announced that it has come to a joint agreement with Alibaba (NYSE: BABA) by which its SaaS cloud services product, “Lagou Cloud HR” (Lagou yun renshi), will join the roster of Alibaba’s recently-launched SaaS bazaar, the “Cloud Marketplace.” Lagou Cloud HR was launched in December 2016 and reached general availability only...

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China-based Guazi and Chezhibao attract funds

China-based Guazi and Chezhibao attract funds

Guazi completed $400 million U.S. Series B financing Guazi ershouche, among the leading c-to-c used auto platforms in China, has secured $300 million U.S. in an eagerly anticipated Series B financing round. The round was led by a $100 million U.S. investment from former Series A backer, Sequoia Capital China. New participating investors in the round were H Capital, CMB International, Jingxin Venture Capital, Dragoneer Investment...

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OLX Romania launches site for advertisers

OLX Romania launches site for advertisers

In Romania, OLX Group launched a new site for entrepreneurs who want to promote their businesses across all OLX’s classified sites in Romania, including general stuff site OLX.ro, auto vertical Autovit.ro and real estate vertical Storia.ro.


Amazon to sell cars in the U.K.?

Amazon to sell cars in the U.K.?

Leading players in auto classifieds shuddered yesterday as Amazon.com indicated its plans to start offering autos in the U.K. market. According to German auto magazine Automobilwoche, the U.S internet giant intends to offer autos on several of its European platforms, after an initial successful trial period launched in Italy. The trial, which was launched in November, saw Amazon offering a range of discounted Fiat Chrysler models on Amazon.it. It was expanded to include long-term leasing deals...

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