Russian property portal Domofund.ru is now completely owned by classifieds firm Avito Company after a deal for an undisclosed amount.
South Africa's Naspers has agreed to merge its two Russian online classified Web site with Avito in a $570 million deal that will make Avito the world's third biggest classified site after Craigslist and China's 58.com.
There are two looming challenges for the classifieds industry, and property portals need to address them sooner rather than later, says Cedric Vandervynckt, Regional Managing Director, Southern Europe for Criteo.
Creating your own reality TV show to give away a brand new home is a gold star approach to content marketing, and it has worked a treat for South African portal Private Property.
Erik Segerborg, CEO at Russian property portal Domofond.ru, has been announced as a speaker at Property Portal Watch’s flagship Madrid conference, September 28-30.