Indeed.com, a leading jobs search engine (if not the leading), is recruiting 500 new staff members at its European headquarters in Dublin, leveraging its fast-growing revenue stream to stay ahead of the curve. This round of appointments will double the workforce at the HQ to around 1,000 people.
In Vostok's Q4 report (published yesterday) CEO Per Brilioth revealed for the first time that the company has invested in the leading Swedish real estate site Hemnet, and holds a stake of 7 percent. Per Brilioth said: "We wish we could have bought more!”
Monster is laying off 180 people, mostly in sales and mostly in the U.S. At least one of those leaving the company is a high-level executive based in New York. The company was taken private under ownership of Randstad Holding NV of the Netherlands in October.
Facebook will have a go at LinkedIn's recruitment revenue.
Vostok New Ventures upped its valuation of the 13.3 percent it holds in Avito to $449 million U.S. - 33 percent higher than a year ago. Which means, Avito is now valued at $3.4 billion U.S..
A year-long legal battle between Realestate.com.au and Domain.com.au, Australia’s two leading real estate sites, which started over a series of advertisements, has come to an end with a qualified Federal Court ruling, namely that some of the advertisements were misleading, but others not. Result? Both parties claimed victory in the legal battle.
Jobsquare, a Tinder-style job app for temporary jobs in Poland, raised more money. This time from venture capital fund bValue. It was the second time bValue invested in Jobsquare. Back in November 2016, it invested 2.3 million Polish zlotys ($564,000 U.S.). Now it increased its exposure to the job app, but we don't know by how much.
Spanish auto classified Clicars.com celebrated achieving sales (transactions) with a combined value of more than $5 million in its first year. The start-up was co-founded by Pablo Fernandez and Carlos Rivera, who hail from finance and consulting backgrounds.
In Poland, Naspers’ general classified site OLX.pl rolled out an option for its users to pay for all the services they use on the site - including adding listings, and promoting listings (upsells) - with a single, non-fixed, monthly payment.
EcommerceBytes asked 10,000 online sellers to rate the buy-and-sell marketplaces. Facebook came in 10th (out of 10 listed).