For a long time, Christian Printzell Halvorsen (43) had been one of the top earners at Schibsted, making NOK 6.3 million in 2015 ($736,000), including benefits. Earlier this month, he quit the company in a low-profile way, with a short announcement to his network of 1,379 connections on LinkedIn.
OLX Brazil, Brazil’s No. 1 horizontal site, launched a property site called Storia Imoveis to strengthen its real estate classified business.
Last week financier Mats Qviberg and his company Custos bought Metro Sweden from Kinnevik for a mere SEK 50 million ($5.5 million U.S.). The deal concerns only the Swedish part of Metro. Kinnevik remains owner of the international part - which is still for sale.
The valuation of classifieds is a multimillion-dollar game, which landed in the spotlight in Norway recently, where the media company Polaris Media, publishers of newspapers in northern Norway, is struggling hard to make ends meet - as most newspaper companies do these days.
EBay teamed up with Aeropost.com to provide Latin American shoppers "seamless access to millions of products" on AlaMaula.com in Argentina, and ecommerce sites elsewhere in Latin America, in competition with MercadoLibre, Naspers and Schibsted.
The FY2016 results report of Schibsted Media Group (here) lifted the lid over the performance of the joint ventures (JVs) operated with Naspers for the first time. The report was released yesterday. The numbers confirmed the project (JVs and associates) was moving towards breakeven.
Payments via Facebook Messenger have come to Europe, bringing closer the possibility that online payments will soon become part of Facebook Marketplace. An e-money license in Ireland has now crossed over to Spain via the EU's reciprocal EU agreements.
Schibsted Spain announced this morning it had purchased Habitaclia.com, a real estate site which specializes in (or is focused on) the Mediterranean area. The purchase price was not disclosed.
A start-up called Bynk was a terrific holiday mystery for Schibsted watchers.
Schibsted’s Vibbo.com (formerly Segundamano.es), is on the 2016 blacklist of trademark-neglecting sites compiled annually by the Office of the U.S. Trade Representative (USTR).