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5

mayo 2017

From Anuntis to Red Arbor: David González Castro on the big business of online classifieds

Although Anuntis' print business was very successful, González Castro, a speaker at the Global Online Classifieds Summit, felt change was in the air and became more involved in the internet, founding the real estate site fotocasa.es in 1999.

After surviving the dot com crash, González Castro took a leap of faith and shut down Anuntis’ paper based production in 2008 in order to take the business into the digital age. The business model had been completely transformed to adapt to the new digital model and Anuntis became the leader in the online classified sector in Spain which included leading websites fotocasa.es segundamano.es (Miscellaneous), coches.net (cars) and Infojobs.net (Jobs).

After watching the company transform over 30 years, González Castro sold his Anuntis shares in 2013 and founded Red Arbor – a company that invests in online businesses who specialise in jobs and real estate. Red Arbor now has a presence in 26 countries and employs 265 people across eleven countries in Europe, Latin America, Asia and Africa.

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