Tag: Investors


Ray White Group opts for Juwai.com

Ray White Group opts for Juwai.com

The Ray White Group, Australia’s largest residential real estate group, has thumbed its nose at REA Group, publisher of realestate.com.au, by choosing China-based property portal Juwai.com as its strategic partner overseas. The group announced Aug. 13 that starting Sept. 1 it would market all of its Chinese-language residential, commercial and rural real estate listings in Australia, New Zealan


Alibaba enters used car market

Alibaba enters used car market

Hot on the heels of the launch of a joint-venture e-commerce platform for used cars involving BitAuto Holdings Ltd. and two other Chinese companies, Alibaba Group, which is preparing for its IPO in the United States, announced on Aug. 18 its own plans to engage in used- car trading business in co-operation with soon-to-be-listed China Grand Automotive Services, a major Chinese car dealer. The



Navent gets $20 million investment

Navent, a Latin American real estate and jobs classifieds company,  has closed a $20 million Series C round of funding from global technology private equity firm Riverwood Capital, according to TechCrunch. The online classified



Ganji wins $200 mil. financing before IPO

The recent successful listing on the New York Stock Exchange of China’s top online classifieds site 58.com Inc. has triggered new activity in the sector. In a sign that it is taking steps to keep pace with its rival, Chinese online and mobile-based classified advertising operator Ganji Inc. revealed on Aug. 13 it had secured a sixth round of financing worth more than US$200 million, thus doubling


MercadoLibre up, despite devaluation

MercadoLibre up, despite devaluation

Despite having a $57.4 million loss as a result of a devaluation in the Venezuelan Bolívar, MercadoLibre (Nasdaq:MELI) posted strong second quarter (Q2) results. According to the company's earnings release, net revenue increased 17.5 percent, year over year, to $131.8 million. In local currencies, that growth rose by 65.9 percent. Brazil, Mercado's biggest market, grew revenues by 33.8 percent


JobAndTalent wins $14m in new round

JobAndTalent wins $14m in new round

Spain and U.K.-based recruitment site JobAndTalent raised $14 million U.S. in a Series A round of funding. "We will work on developing a wave of new features and improvements to our platform to make JobAndTalent a global brand," wrote co-founder Juan Urdiales in the company announcement. JobAndTalent uses linguistic algorithms to m



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