Avito Morocco Appoints new CMO

July 19, 2023
Share this Post: 

Malaysia-based marketplace specialist Frontier Digital Ventures (FDV) has appointed Badr Laghmari as chief marketing officer at Avito.ma, Morocco's leading marketplace.

Laghmari joins after spending seven years as the founder and CEO at Umbrella Capital Trading, a business development company also based in Morocco.

Laghmari said:

"I am eager to work with such a dedicated and talented team to evolve the brand and reach new heights. I look forward to the challenges and opportunities this role will offer, and I’m ready to contribute to the continued success of Avito."

Avito.ma is 100%-owned by FDV and is the Group's biggest contributor to revenue across the MENA region across horizontals including real estate. However, revenues fell 4% YoY (to USD $1.1M) in Q1 2023.

Read more

July 19, 2023
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Feat
Hemnet Q1 2024: Strong Performance Across the Board for Swedish Market Leader

Swedish market leader Hemnet has revealed impressive results for the first three months of 2024, recording healthy double-digit growth YoY...

Read More
Costar Matterport
CoStar Group to Acquire Tech Firm Matterport for $1.6 Billion

CoStar Group has announced it will acquire the industry-leading real estate tech firm Matterport for $1.6 billion subject to shareholder...

Read More
Shutterstock 181374380
FangDD Full Year Financial Results for 2023: Net Losses Shrink as Revenues Rise

Chinese portal FangDD has released its full-year financial results for 2023, with optimism despite China's slow recovery post-pandemic. Highlights include:...

Read More
Square Yards
Square Yards in Talks to Raise $100M at $1Bn 'Unicorn' Valuation Ahead of Rumoured IPO

Indian-based Proptech platform and real estate marketplace Square Yards is in talks to raise $100 million ahead of flotation in...

Read More