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Chika Nwobi appointed on board of Unilever

Unilever Nigeria has appointed Chika Nwobi, the leading individual classifieds investor in the country, as a non-executive director on its board. The appointment of the 39 year old technology investor by the multinational is cheered as a validation to the coming of age of internet business in the nascent market.

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Delhi-based Spinny raises $1 million

Delhi-based Spinny raises $1 million

Second-hand cars marketplace, Delhi-based Spinny has raised $1 million U.S. in a fresh round of fundraising led by Blume Ventures, Indian Angel Network and FreeCharge co-founders Kunal Shah and Sandeep Tandon. Last year in June, Spinny had acquired HopCar for an undisclosed

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How does search behavior differ on Cars.com, Craigslist?

How does search behavior differ on Cars.com, Craigslist?

Which classifieds site has the highest conversion rate? How do the users of Autotrader and Cargurus differ? What is the user journey like for someone who is buying a car? These are the questions we challenged Deren Baker, CEO of Jumpshot, to answer when he takes the stage in Miami at the Global Online Classifieds Summit on June 22.



What Naspers really wants with LetGo

CNBCAfrica.com interviewed Bob van Dijk, CEO of Naspers, in Davos, where he is attending the annual World Economic Forum meeting this week. He had a few interesting views on articifial intelligence (AI), smartphone penetration in Africa, Russia and India and the Naspers strategy with LetGo in the U.S..


Efritin will not close in Nigeria – Saltside CEO

Efritin will not close in Nigeria – Saltside CEO

Efritin.com, the stuff platform of Saltside Technologies in Nigeria, retrenched all its employees in Nigeria yesterday. But, the site continues as before. It is now managed at arm's length by a team outside the country, Saltside Technologies CEO Nils Hammar told us this morning.



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