When Lukas Draginas, general manager of Otomoto.pl, raised prices on the Polish automotive classified platform, the site’s customers were livid. “We had trailers blocking the roads around our office, dealers were burning our flags and massively leaving the platform,” Draginas said. But Otomoto held firm, and the result is a classifieds success story in Poland. Draginas will be telling that story, and others, during his talk at AutosPlus2017, the AIM Group’s classifieds conference scheduled for October 9 and 10 in London.
Just a day after we posted that Facebook Marketplace was opening in Germany, the Financial Post in Canada reported that Marketplace is rolling out in a total of 17 European countries, as well as Canada. Should Naspers get worried?
OLX Group launched a unique recruitment drive in India, labeled Code and The Curious, to spot and hire Indian techies for OLX's 25 offices around the world, who are particularly smart when it comes to artificial intelligence (AI) and machine learning (ML).
After quietly rolling out its ‘Sell as individual’ program in Bengaluru in January this year (reported by us first, we are proud to say), Amazon Inc. now took the next, purposeful step towards offering a Craigslist-like classified platform nationwide for used goods (with on-site payment): The Sell as individual program was rebranded as Local Finds and rolled out in three new cities.
PakWheels.com, a popular auto site in Pakistan, partnered with automaker Pak Suzuki to launch a dedicated site for used Suzuki autos certified by Suzuki.
Hepsiburada.com, one of the biggest online retailers in Turkey, appointed Hein Pretorius as CEO of the company. Pretorius, who served on the Hepsiburada advisory board between February and his appointment as CEO, was CEO of MIH Internet Group in Europe (a Naspers company) until 2014. He will start in his new position soon. Hepsiburada is a business of Doğan Online.
In South Africa, buyers of items on OLX in the WeChat app can also pay sellers in-app, and sellers can commission (and pay) a courier to deliver their items to buyers in-app.
Shortly after the release of its FY2017 financial report last week, Naspers invested another $30 million U.S. in Movile, a Brazilian-based, mobile marketplace developer (news release here). It's been an investor in Movile since 2008 and holds 70.7 percent of the company.
Naspers CEO Bob van Dijk told analysts last week there is no plan to hive off the golden goose Tencent; the plan is rather to narrow the gap in the contributions of Tencent and the e-commerce business to the bottom line.
The European Commission has fined Google €2.42 billion ($2.6 billion U.S.) for antitrust violations, ruling Google was "abused its market dominance as a search engine by giving an illegal advantage to another Google product, its comparison shopping service". Could this, perhaps, change the game for Google Jobs? And should every recruitment site, especially Indeed, send a "thank you" note to Koos Bekker, chairman of Naspers?