Carsales.com 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 Carsales.com acquiring the business for $1.1 million.
Archive | Oceania
Secrets from four of the fastest-growing online stars
Wednesday, August 25, 2010
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.
Internet advertising industry cracks $2 billion mark
Monday, August 16, 2010
New figures showing the Australian internet advertising industry has cracked the $2 billion barrier is yet another sign small businesses must pay more attention to online marketing, one industry expert believes. The latest Interactive Advertising Bureau Online Expenditure Report, compiled in tandem with PricewaterhouseCoopers, reveals total online ad expenditure came to $2.04 billion for the year ending June 30, 2010.
Car ads take on big media sites
Friday, June 18, 2010
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The online motoring race has begun after motoring portal caradvice.com.au announced it will offer free ads on its new acquisition, carbuddy.com.au. Motoring editorial site caradvice.com.au bought carbuddy.com.au earlier this month from Jumbuck Entertainment Ltd and aims to give the big guns in online motoring a run for their money.
Free car ads take on big media sites
Wednesday, June 16, 2010
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The online motoring race has begun after motoring portal caradvice.com.au announced it will offer free ads on its new acquisition, carbuddy.com.au. Motoring editorial site caradvice.com.au bought carbuddy.com.au earlier this month from Jumbuck Entertainment Ltd and aims to give the big guns in online motoring a run for their money.
Failing grade for Australian newspaper’s iPad App
Tuesday, June 1, 2010
Australian technology guide Smarthouse reports that News Limited's first iPad app has received less-than-glowing reviews from early adopters who downloaded the program shortly after its Friday May 28th release. Writer David Richards quoted dissatisfied app-store customers who called the app a "pathetic joke", "Incomplete" and "not a great iPad app".
eBay does U-turn over PayPal
Thursday, May 13, 2010
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eBay Australia, the online auction giant, said it would no longer compel sellers to offer PayPal as a payment option, opening up the field for rival payment systems. The company, which bought PayPal in 2002, attempted to force users of its Australian site to a PayPal-only payment system two years ago, locking out direct bank deposits, cheques and money orders.
IAB: Online ad revenue flat for Q1, display down
Monday, May 10, 2010
The Australian online ad market remained flat in the first quarter of the year compared to the last three months of 2009, with display advertising seeing a dip in expenditure during the post-Christmas period.
Global Financial Crisis and Market Maturity Slow Growth
Sunday, April 25, 2010
The Australian online classifieds advertising market grew by only 2.5 per cent in 2009 to finish the calendar year valued at A$506 million. This compares with growth in the 2008 financial year of 28 per cent demonstrating the marked impact of the global financial crisis on the local advertising sector.
10 lessons from the dotcom bust
Wednesday, April 14, 2010
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MARCH marks a decade since the beginning of the end for the dotcom bubble. On March 10, 2000, the technology-heavy NASDAQ sharemarket index peaked at 5048.62 – double its valuation of a year earlier – with a slew of highly speculative public offerings for web-based businesses inflating the index well beyond reason.
Ad revenue heads for $2b mark
Friday, February 19, 2010
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ADVERTISERS spent $1.87 billion last year vaunting their products and services online, a rise of 9.4 per cent on the previous year, according to figures from PricewaterhouseCoopers, confirming the medium is on track to break the $2 billion mark this financial year. Earlier forecasts had predicted that ads on banners, around videos and in search engines would be a $2 billion medium by the end of last year, so cementing its position as Australia's biggest medium after newspapers and television.
Telstra to float then sell SouFun
Wednesday, December 2, 2009
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Telstra will float its booming Chinese real estate classifieds business, SouFun, but will then sell down its stake. It made the surprise announcement last night, giving scant detail except to say the process of preparing the business for an initial public offering was under way.
New Quick, Simple And Effective Student Job Site
Thursday, November 5, 2009
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Christchurch, New Zealand -- With purse strings easing, smart, forward-thinking companies will be looking to capitalise on the prospect of new opportunities. This means the labour market is about to heat up. And from the perspective of students, the timing couldn’t be better. The key then, is finding these opportunities and seizing them.
Trading Post Dumps Print Edition
Thursday, October 1, 2009
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In the latest confirmation of changing times in traditional publishing, the Trading Post is dumping its weekly print edition to move online. The classified advertising icon, which was immortalised in the hit film “The Castle” will publish its final print edition at the end of October.
Newspapers ‘Too Slow’ To Compete With Online Ads
Monday, September 14, 2009
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Newspapers are now struggling because the revenues they used to receive from classifieds have shifted to the internet (ABC News: Giulio Saggin, file photo) The head of online classifieds company carsales.com.au says newspaper publishers are suffering because they have been too slow to react to the growth of the internet. The online company, which was founded nearly 15 years ago, was floated on the share market last week. Newspapers are now struggling because the revenues they used to receive from classifieds have shifted to the internet.
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- Zillow expands rental listings, inks deal with Apartments.com
- eBay: E-Commerce To Be $1bn Biz In India By 2013
- Advertising needs to be socially creative
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- Salam Business Club Chooses the Bayt.com Network
- Classified ad sales take flight online
- Ads zoom into social media games
- High cost with low returns?
- Importance of ads
Facebook now has 500 million users, but as Mike Armstrong explains, the social networking site’s founder has lost a few friends on his way to the top.
Thursday, August 26, 2010
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