Bitauto Holdings Ltd. (NYSE: BITA), one of two Chinese auto sites listed overseas, raised around $1 billion U.S. from leading Chinese internet enterprises in a new round of financing. It plans to use the money to develop China’s largest online car-financing platform.
In March, Gumtree South Africa launched a revamped, modern-looking site and today it dumped its well-established, but old-fashioned, logo for a cool, modern logo. Do you think it was a successful redesign?
Kinnevik-backed Quikr.com, a leading general classifieds site in India, integrated Truecaller, an app which identifies callers (per telephone) and senders of SMSs, to give Quikr users full control over incoming calls and callers. And, so build user trust in trading on the platform.
Suumo.jp, a Japanese real estate site operated by Recruit Holdings (owner of job search engine Indeed), launched an app which helps home movers find the best ways to arrange the furniture in their new abodes. The app uses 3-D augmented reality (AR).
China Vanke Co. Ltd., China’s second-largest property developer, will invest RMB 3 billion ($440 million U.S.) in the site Lianjia, focused on real estate listings in China.
BuyMyPlace (ASX: BMP), the Australian real estate disruptor site that allows homeowners to sell their properties without a real estate agent, said its growth surged, while traditional real estate agents reported declines. But, revenue growth came at a cost.
The 17th Shanghai International Automobile Industry Exhibition is currently underway. At the event, China’s leading classifieds conglomerate, 58.com, has been talking up the cross-sector potential of its used auto platform 58che.com and real estate subsidiary Anjuke.com.
Legacy.com, an online obituary and memorial provider, has acquired the assets of ObitData.com, a market-share provider.
South Africa's competitive auto vertical just got more competitive. PriceCheck, the leading price comparison site for (mostly) new goods in South Africa, relaunched its auto category in a way which makes it a real competitor for the established contenders in the auto vertical, such as Autotrader.co.za and Gumtree Autos.
Mercari, a flea market app in Japan, launched a convenient, home-delivery service for large items nationwide on April 17.