Property24 named SA’s best online classifieds service
South Africa's leading property vertical, in terms of traffic, Property24 was named South Africa's best online classifieds service at this year's PriceCheck Tech and E-commerce Awards.
Tag: naspers
Property24 CPO appointed as Hurriyetemlak.com CEO
Turkish real estate vertical Hurriyetemlak.com has appointed former Property24 CPO Theo Mseka as its new CEO.
Naspers lost $38m on Konga sale
South African media giant Naspers has disclosed in its H1 2018 financial report that it lost $38 million when it sold Nigeria-based e-commerce and marketplace site Konga.com.
Naspers invests R1.4 billion in WeBuyCars.co.za
Naspers' OLX Group has invested R1.4 billion ($94.4 million U.S.) in the SA car buying service WeBuyCars.co.za. This comes as the company announced plans to unbundle its pay-TV business MultiChoice and separately list it on the JSE.
Hvattum named Schibsted VP Global Markets
Pål Hauff Hvattum, who has been the CEO of Schibsted's Mexican horizontal SegundaMano for over five years, has assumed a new role.
Properati plans Ecuador launch
OLX Group's real estate vertical Properati was launched in Colombia and Ecuador, following its acquisition by OLX Group.
OfferUp’s counterpunch to LetGo: $150 million
It only took a few days for the other shoe to drop. After last week’s blockbuster announcement, OfferUp says it's seeking $150 million in new financing.
A half-billion dollar bet on LetGo vs. CraigsList
LetGo has received a big infusion of cash in its ongoing battle to beat Craigslist as the leading horizontal classified product in the U.S.
Konga goes bullish on controversial payment option
Amidst market-wide aversion, leading Nigeria-based marketplace and e-commerce site Konga.com has re-enabled the Pay On Delivery (PoD) option on its site. PoD lets users make cash payments to logistics personnel delivering their orders.
Allegro.pl reports impressive financial results
Poland's largest horizontal Allegro.pl reportedly earned revenue of PLN1.6 billion or $435.2 million U.S. (including PLN98,9 million or $26.9 million U.S. from advertising) between August 2016 and December 2017. This is according to news site WirtualneMedia.pl.