After its acquisition of leading Polish property portal Morizon in April, Ringier Axel Springer has moved to strengthen the leadership of its new subsidiary by appointing former Ringier Axel Springer Tech CFO Maciej Lenartowicz to the management team.
MZN Property (the company that runs Morizon as well as a string of smaller Polish property portals) was bought back in April for around $21 million. RAS already installed its own new tranche of Morizon advisory board appointees in the immediate aftermath of the buyout before Lenartowicz’s appointment this week.
Certainly, the Polish market is one to watch in the coming months. As well as the changes RAS is enacting at Morizon, Agora is looking to sell challenger portal Domiporta.pl and if Prosus wins the deal for eBay Classifieds, then we could see Gumtree and OLX Poland owned by the same company as well.
This week's Product Roundup starts with Avito (twice)... Europe: Avito partners with M2Data for listing verifications Avito Real Estate...
Read More
This week's funding and investment roundup starts with a major deal in Russia that could see a public flotation shortly......
Read More
Aurum Proptech, the parent company of India-based rental platform NestAway, posted INR2.6 billion ($31 million U.S.) in consolidated operating revenue...
Read More
Realtor.com has reported strong growth in traffic, engagement, and search visibility on a new blog post, citing recent data from...
Read More
