Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
SMG Swiss Marketplace Group Holding AG ( (CH:SMG) ) has provided an announcement.
SMG Swiss Marketplace Group has reached an amicable agreement with the Swiss Price Supervisor concerning its Ricardo marketplace and real estate platforms, leading to the discontinuation of informal investigations in these areas and providing the company with three years of legal certainty. As part of the agreement, SMG will introduce a new flexible offer model with adjusted fees in its real estate segment and roll out discount measures on Ricardo to drive higher activity and transaction volumes, while confirming that these changes will not alter its previously communicated financial targets, growth plans or profitability outlook.
More about SMG Swiss Marketplace Group Holding AG
SMG Swiss Marketplace Group Holding AG is a Swiss digital company that operates a broad network of online marketplaces across real estate, automotive, general classifieds and e-commerce, as well as finance and insurance comparison platforms. Its portfolio includes well-known brands such as ImmoScout24, Homegate, AutoScout24, Ricardo, tutti.ch, anibis.ch and FinanceScout24, targeting consumers and businesses in key life-choice and transaction segments in the Swiss market.
Average Trading Volume: 127,109
Current Market Cap: CHF3.57B
For an in-depth examination of SMG stock, go to TipRanks’ Overview page.