An interesting article on paidContent earlier this week describes how Axel Springer has been on a digital buying spree, taking stakes in CarWale: (giving springer 52.1%), BagItToday.com (19.1%), Sohomint.com (72.6%) and Buy.at. Also had an offer rejected for eLoger.com.
Read the full story on paidContent here.
Axel Springers announcements are below.
Axel Springer gets rid of its wallstreet:online sites Posted on May 18, 2010
Axel Springer Russia has acquired Gruner+Jahr Russia Posted on November 25, 2009