by Louisa Steyl | Mar 15, 2019 | Marketplaces, Financials / Deals
After months of speculation, Rocket Internet-backed African e-commerce company Jumia has confirmed it’s filed for an IPO on the New York Stock Exchange. CEO Sacha Poignonnec confirmed the news in an interview with TechCrunch, saying the valuation, share price,...
by Prabhu | Mar 14, 2019 | People on the Move
Sushil Kumar, who was the chief revenue and strategy officer at OLX India, has taken over as the new general manager. The Naspers-owned horizontal elevated Sushil Kumar (LinkedIn profile) as the General Manager of OLX India in October, 2018, pending an official...
by Tariq Ahmed Saeedi | Mar 8, 2019 | Marketplaces
Naspers-owned OLX Pakistan now has more than 7 million monthly users with a new item being listed on the site every two seconds, the marketplace said. This content is part of our business intelligence service. Please click the button below to learn more. Subscribe...
by Tariq Ahmed Saeedi | Feb 26, 2019 | Automotive, Marketplaces, Financials / Deals
Indonesian used-cars start-up BeliMobilGue.co.id has raised $10 million U.S. in a Series A funding round led by Berlin-based Frontier Car Group (FCG). PT Toyota Tunas Indonesia also participated in the round. Jakarta-based BeliMobilGue was founded as a joint venture...
by Tariq Ahmed Saeedi | Feb 22, 2019 | Automotive
Pakistani used-car online auction and trading platform CarFirst has launched a merchant program to expand its network of partners. This includes auto brokers, investors, and agents. The program is open to anyone with a knack for car trading. Interested auto...
