Around the Net
Axel Springer Buying TotalJobs For GBP110 Million
- PaidContent.org , Thursday, April 5, 2012 3 AM
The German publisher will buy the UK’s No. 2 job classifieds site as it ramps up an offensive. Springer has been buying lots of such sites, including French property ads site SeLoger for €633 million. Last month, it targeted “a growth offensive in the area of digital classifieds”, bundling its existing portfolio of sites including StepStone in to a new joint venture, Axel Springer Digital Classifieds, with the General Atlantic Atlantic investment group. Springer holds 70% of the JV. TotalJobs audited traffic stands at a decade record of 289,072 daily average browsers.
