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Tag: industry news

10 Tips For Buying a Rental Property

propertyThis is an article written by Sasha, former Consumerism Commentary staff writer. In 2007, Sasha shared her experiences with purchasing and managing residential rental properties and the lessons learned. The articles were published in a series of ten. I’ve re-edited the pieces and consolidated the great advice into one article.

Looking to diversify your investments and take advantage of the current dip in real estate prices? While by no means a passive investment, if you’re up to the challenge, residential rental property ownership can provide not just additional short- and long-term income, but more…

Ads zoom into social media games

Honda Motor Corp.’s campaign for its new CR-Z car features the hybrid vehicle in some colorful roadside billboards that can’t be seen from a freeway.

The ads are on display in Facebook Inc.’s virtual game “Car Town,” as Honda advertises on the site for the first time this week. The game, which allows users to collect and customize cars, has 3.1 million users. more…

58.com Second-Round Funding Reaches USD 15 Mln

Chinese online classifieds site 58.com announced today that its second-round funding, mainly from Doll Capital Management (DCM) and SAIF Partners, totaled USD 15 mln. CEO Yao Jinbo did not reveal the company’s new equity structure following the investment, but said that 58.com more…

Will You Pay for Online News? Pew Study Says No

The average U.S. consumer loves to read news online, but only one in five is willing to pay for it. And if your favorite news site suddenly erects a pay wall that requires subscription or pay-per-article fees, more than four of five of you would simply get your news elsewhere. more…

Ray White Group sells stake in REA

Leading real estate agents, the Ray White Group, has sold its entire $80 million-plus holding in online property classifieds leader REA Group to a range of existing and new shareholders. more…

TowPartners Relaunches Free TowAds Classified Ad Service

TowPartners announced today that it has fully deployed a new free classifieds website for the towing industry. The classifieds can be accessed through the www.towPartners.com website and are also located at www.towAds.com. Ads for trucks include many features and the system allows photo posting and more at no cost to the buyer or the seller. Tow trucks and other towing and wrecker equipment can be sold on the site using the free ad service.

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Classifieds Site OLX Raises $5M, Plots Aggressive Expansion

OLX, an online classifieds site based outside the US, has raised $5 million in funding from Nexus Capital India.

This round brings the total amount of funding to $28.5 million. OLX received $13.5 million from General Catalyst Partners, Bessemer Venture Partners, Founders Fund, and DN Capital in April 2008, and $10 million in September 2006 with the same VCs and various angels investors. more…

Editor & Publisher Honors Florida Classified Publisher

Ocala, FL (Newswire) — USA4SALE Networks has been nominated for a top honor in online publishing by Editor & Publisher and Mediaweek. more…

eBay’s All About Fixed-Price

Last week, eBay held a meeting to announce its roadmap of growth plans through to 2011. The company said that its eBay Marketplaces business is expected to achieve revenues of $5 billion to $7 billion in 2011 with a continued shift toward more fixed price sales and a smaller online auction business.

Following that announcement is a round-up of marketplace promotions aimed at international, fixed-priced listings and individual (non-business) sellers. more…

B.C. Publisher Brings Faith In Ink to California Daily

VANCOUVER “” Amid the struggles of the U.S. newspaper industry and a real estate meltdown that has hit California particularly hard, David Black still believes an ailing San Diego daily has value.

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Naukri.com Launches Job Search on Chat

New Delhi: Naukri.com, India’s no. 1 job site introduces NaukriOnChat that allows job search through chat messenger on Gmail/GTalk. It not only enables search for jobs, but also allows viewing job details and applying via chat.

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Seattle Mourns the Last Day of Its Venerable Post Intelligencer

As the presses roll for the last time on the town's 146-year-old paper, American print journalists are looking out for the first city to be left with no print news at all.

Trade was unusually brisk for Wilbur Hathaway, a newspaper vendor near Seattle’s Pike Place waterfront market. His stall was flanked by huge stacks of commemorative last-day editions of the city’s oldest newspaper.

“The Post-Intelligencer’s always been Seattle’s best paper – they’re very good at in-depth reporting,” said Hathaway, coddled against a cold wind in woolly hat and thick blue gloves.

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