Schibsted’s Recovery Continues
February 23, 2010 by Alice Allan · Leave a Comment
Norwegian media company Schibsted, which is behind leading Spanish real estate portal fotocasa.es as well as a number of other jobs and classifieds websites, has reported increases in revenue and profits in the fourth quarter of 2009.
Read more
MetrixLab’s Best Portals Announced
January 4, 2010 by Alice Allan · 2 Comments
Property portals from across the world have been honoured in MetrixLab’s Website of the Year awards, which name the most popular websites based on public votes and the best websites based on an evaluation of content, navigation, and design.
Read more
Cutbacks Pay Off for Schibsted in Q3
November 16, 2009 by Alice Allan · Leave a Comment
Schibsted, the Norwegian media company behind leading Spanish real estate portal fotocasa.es as well as a number of other jobs and classifieds websites, has released its financial results for the third quarter of 2009.
Read more
fotocasa.es App Alerts Property Hunters
November 9, 2009 by Alice Allan · Leave a Comment
Spanish portal fotocasa.es has released an iPhone application it says offers a unique service to property hunters: as well as allowing users to search for property, the application also sends them alerts when a property matching their search criteria comes on the market.
Read more
Top 25 Revenue Generating Portals
September 28, 2009 by Simon Baker · 9 Comments
Join the forum discussion on this post - (2) Posts
The true test of a leading portal site is not how many unique visitors or visits its receives but its ability to convert that traffic into revenue and eventually profit. The team at Classified Ad Ventures (owner of Property Portal Watch) has scoured the world and put together a list of the top 25 revenue generating property portal sites.
The top five sites are all market leaders, all generating over US$100m per year, and all profitable. The highest revenue generating site is immoscout24.de in Germany followed closely by realtor.com in the US. Rounding out the top 5 is soufun.com.cn in China, realestate.com.au in Australia and rightmove.co.uk in the UK.
Schibsted Flourishes Online
May 4, 2009 by Emma Sorensen · Leave a Comment
Norwegian media giant Schibsted has reported that classifieds and directories are its fastest growing channel and have great international online growth opportunities.
Read more
seloger.com Alliance With idealista.com
April 16, 2009 by Emma Sorensen · 1 Comment
seloger.com, the leading property portal in France, has signed a strategic alliance with one of the leading Spanish property portals, idealista.com.
Read more
Spanish Classifieds Axe Print Version
November 18, 2008 by Emma Sorensen · 3 Comments
Iconic Spanish classifieds newspaper, Segundamano, is set to shut down its print versions and go solely online.
Segundamano has been going for around 30 years, and is a leader in the Spanish online real estate market with its property portal fotocasa.es.
News of the shutdown was reported in several English and Spanish blogs last week.
Segundamano is owned by the Norwegian company, Schibsted Classifed Media (SCM), who claim to be the biggest in Europe with respect to online classified advertising.
SCM also has activities in Sweden, France, Belgium, Italy, Austria, Slovenia, Lithuania, Malaysia, Argentina, Mexico, Brazil and Colombia. It reports turnover was EUR 123 million as of 30 June 2008 and its operations have more than 1,500 employees.
In its Interim Third Quarter Report, Schibsted said:
Schibsted Classified Media (the former Trader companies) had Q3 operating revenues of EUR 38.4 million, 19% less than in Q3 2007. The decline is primarily due to the negative trend for print publications in Spain.
In Spain, the operating revenues from print publications fell by 54%. The closure of titles accounted for 5-10 percentage points of this reduction. It has been decided to close down all the Spanish print classified ads operations from November 2008. This will lead to restructuring costs of EUR 10 million, which will be expensed in Q4. The restructuring is partly related to a head count reduction of 217, which totals EUR 7 million of the restructuring cost.
In contrast, the report revealed growing online figures, stating that “The operating revenues of the Spanish online activities increased by 21% in Q3.”
According to recent information from comScore, fotocasa.es leads the Spanish online market with over 1 million visitors, and despite the dire real estate market in Spain the online sector has seen an increase in activity with more than 3 million Spanish people visiting a real estate website during September.
Loading ...
