May 16, 2012
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May 11, 2012
By Linda Karlsson
Today Schibsted ASA released its Q1 2012 results, which shows operating revenue grew 5 percent to NOK 3.6 billion ($0.6 billion U.S.) compared to the same period in 2011. The classifieds division increased its revenue by 19 percent, Schibsted said.EBITDA amounted to NOK 421 million in Q1 2012, compared to NOK 439 million in Q1 2011. The small drop can be ascribed to expenditure on new ventures in the division...
April 27, 2012
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April 9, 2012
- Each week our friends at Inhabitat recap the week's most interesting green developments and clean tech news for us -- it's the Week in Green....
March 22, 2012
By Christo Volschenk
Helmar Hipp, CEO of VM Digital and the print business of Quoka in Germany since 2005, will move to photo book publisher Ifolor as CEO in June. VM Digital and Quoka are subsidiaries of Vorarlberger Medienhaus (VM), an Austrian media group owned by the...
March 5, 2012
By Christo Volschenk
The almost century-old Austrian media group Vorarlberger Medienhaus changed its name to Russ Media to better reflect its modern-day business as an international operator. Vorarlberg is a province of Austria. The name-change (new signs, letterheads etc.) will be implemented over the next eight months and concluded before year-end, a spokesperson in the office of managing director Eugen A. Russ...By Christo Volschenk
Last week Xing, the German-speaking region’s leading business networking platform, released impressive financial results for the financial year 2011. The listed company managed to grow all four its income sources in the period. Overall revenue grew by 22 percent from €53.4 million ($70 million U.S.) to €65.1 million. Still, Xing showed its Achilles heel.The breakdown looked like this:
- Paid...
February 28, 2012
By Christo Volschenk
EBay Germany, the global shopping and auction platform’s biggest country market outside the U.S., will soon operate with a fundamentally different business model from all other EBay country platforms. Around mid-year it will follow the example set by e-commerce platform Amazon, and step into the role of paymaster for transactions concluded on the platform, EBay Germany announced today.Until now buyers...