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Archive: August, 2010

Nexus Makes Debut Exit As Naspers Buys Stake In OLX

OLX is a global online classifieds firm with a presence in over 96 countries and 40 languages.

Nexus Venture Partners has made its exit debut by selling its stake along with other investors in global online classifieds firm OLX, more…

Gmail calling takes off, but not without bumps

More than 1 million calls were placed from Gmail’s free calling service in its first 24 hours, according to Google, which launched the service Wednesday. When we tried it out, we found that Gmail calling has remarkable ease of use, making it almost phone-like, despite originating from an e-mail program. more…

Social Networking Your Way to a New Job

UNTIL just a few years ago, looking for a job was a relatively straightforward process. Write a résumé. Scour job sites or the classifieds. Submit an application for listings that seem appropriate. Reach out to recruiters. Then, wait.

“It doesn’t work that way at all anymore,” said Nancy Halverson, senior vice president for learning and talent development at the recruiting firm MRINetwork. more… buys online auction site OZtion

Australia’s second largest online auction site, OZtion, has been sold for the second time in just over two years, with online classifieds giant acquiring the business for $1.1 million. bought OZtion from Melbourne-based listed media company Jumbuck Entertainment, which is now concentrating on mobile entertainment products, specifically chat services. more…

Secrets from four of the fastest-growing online stars

With this year’s financial reporting season nearly over, it is now clear the best performing companies are operating online, with many traditional retail and services businesses being left behind.

Following a number of disappointing results from companies across all industries including JB Hi-Fi, Foster’s and Woolworths, digital companies like Seek and WebJet have been able to produce solid financials due to a focus on bargains and customer-driven research. more…

Craigslist to Shut Down Adult Services

CanadianListed Introduces “Hyper-Local” Approach to Online Classified Ads Marketplace, a new online classifieds site, is presenting consumers and businesses with a more effective way to sell and buy products and services within their cities, towns, or even within the ultra-local confines of their neighborhoods. is the only free site offering a highly localized or hyperlocal approach to buying and selling products and services online today that offers a user-friendly experience when viewing or posting an ad. Additionally, CanadianListed is committed to providing a family-friendly online selling arena. more…

How to Use LinkedIn to Get Hired

LinkedIn has become a go-to starting point for recruiters scouting out candidates for search assignments.

Finance professionals have been quick to hop on the site. About 3 million financial professionals have posted profiles on the online network, according to the site.

But having a profile alone may not be enough to catch a busy recruiter’s eye. What to do? Lindsey Pollak, a spokeswoman for LinkedIn, shares the following tips for getting noticed. more…