by Nik Flegont | Oct 24, 2025 | Automotive, Auto E-commerce
The vast majority of Russian dealers consider Avito Auto to be the primary online platform for promoting and selling cars, Autostat analytical agency reported. Out of 160 dealers polled, almost two-thirds named Avito Auto as their first choice for selling cars.... by Nik Flegont | Oct 23, 2025 | Classified Recommerce, Horizontals
MGKL Group, a Russia-based operator of pawn shops and Resale Market recommerce business, has acquired an investment company for financing sellers on the site, New Retail reported. The acquisition was named Resale Invest and became part of the MKGL Gr... Join now to... by Nik Flegont | Oct 23, 2025 | Real Estate, PropTech / IBuying
51home (also known as Woaiwojia, 515j, I love My Home), a leading China-based real estate brokerage, has begun testing over 10,000 agents in an annual ‘stars exam’, an ‘industry yardstick’ for measuring agent service quality, Xinhua news agency repor... Join now to... by Nik Flegont | Oct 22, 2025 | Classified Recommerce, Horizontals
The Russian e-commerce and resale market is among the top ten in the world and the fastest-growing among them, claimed the largest Russia-based classified Avito at a business development event. According to Denis Zubov, Head of Strategy at Avito Goods, online sales of... by Nik Flegont | Oct 21, 2025 | Horizontals, Financials / Deals
Prosus is selling another OLX site as it continues its core focus on Europe. The marketplaces giant has agreed to sell horizontal OLX.kz in Kazakhstan to telecoms company Veon Group in a $75 million deal. OLX.kz is the No. 2 classifieds business in the country by...