Just today we heard the news of Schibsted Classified Media Spain (SCM Spain) signing an agreement to acquire one of the top classifieds companies in Spain Mailanuncios for as much as fifty million euros!! While having a major role in classifieds business in Spain SCM operates the following websites after this acquisition:
- Segundamano.es, General classifieds site.
- InfoJobs.net, jobs classifieds.
- Fotocasa.es, real estate classifieds.
- Coches.net, automobile classified ads site.
- Milanuncios.com
Milanuncios is a true story of how a small start-up classifieds website without funds become a leader in its sector and gets sold for a lot of money, it was founded in 2005 and its growth was organic and by 2012 the website became the most popular classifieds website in Spain, without any external funding they reached approximately 43,9 million visits and 509 million minutes spent by their users in November 2012 according to their blog.
This really makes us excited as Open Classifieds team and we encourage all of our users to become as successful as Milanuncios. On our part we are persistent with our ongoing plan to enhance Open Classifieds script and make it up-to-date with all needed features just to suit everybody’s needs and to be the ladder that you helps you reach the next level.
Regards from Open Classifieds team.
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