Auto Trader announced strong full-year results in the year it was listed on the London Stock Exchange. The operator of Autotrader.co.uk, the U.K.'s largest online automotive marketplace, achieved strong growth, despite the challenges of internal restructuring, relocation and refocusing itself as a public company.
Chairman Ed Williams said, “The financial year 2015 has been a very successful one
SouFun Holdings Ltd, the leading real-estate Internet portal in China, is ready to face sharp decreases in its net income while it continues to expand its e-commerce business.
"SouFun is aggressively penetrating into new home, resale and rental, and home furnishing transactions across China's major cities." said Vincent Mo Tianquan, the company’s chairman and CEO. "We added more than 11,000 emp
Zoopla Property Group, the digital media business and operator of leading U.K. real estate sites, including Zoopla and PrimeLocation, released its results for the six months to end-March 2015.
The group reported higher profits, with total sales up ten percent to £42 million ($65.3 million U.S.) from the same period in FY2014.
The group s
Morizon Group, owner of Polish real estate search engines Morizon.pl and Nportal.pl and several other real estate classified sites, released its financial results for Q1 of FY2015. The increase in revenue from Q1 FY2014 to Q1 FY2015 amounted to 25 percent.
In Q1 Morizon earned revenue of 3.5 million Polish zloty ($986,238 U.S.). Last year it was 2.8 million Polish zloty ($789,763). Thanks to th
Russia's Internet search giant Yandex returned solid results for Q1 of FY2015, with $211 million U.S. in revenue in the first three months of this year.
The company, which has sizable interests in online classifieds including recruitment, auto and real estate platforms, has taken a hit on display advertising, but other indicators remained in good health.
“Despite a challenging macro-economic
In the 12 months to March this year Xing, the biggest professional network in the German-speaking region of Europe, became a lot more profitable. But, probably not enough to justify the 68-percent increase in the share price in the same period. There must still be people around who expect Xing to eventually capitulate to LinkedIn.
Total revenue climbed 29 percent from €23 million ($26 million U