Back in 2007, I wrote a series of posts arguing that “newspapers are screwed.”
The theory was that, as readers and ad spending moved online, newspapers would be unable to replace the revenue they were losing from print advertising. more…
Tag: industry news
This 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…
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…
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…
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…
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 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.
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…