South African multinational internet and media group, Naspers has shut down another of its subsidiaries in Nigeria.…
Africa News Roundup — May 14, 2018
Here are last weekend’s top news headlines about startups, entrepreneurship, innovation and tech around Africa. Naspers rakes in $1.6 billion. MultiChoice parent company and former Konga investor, Nas…
CONFIRMED: OLX shuts down office in Nigeria
UPDATE: We now have official confirmation from Sjoerd Nikkelen, CEO of OLX in Asia, Middle East and Africa that OLX has indeed shut down physical operations in Nigeria. He however made no mention of K…
Original PriceCheck founder, Kevin Tucker reclaims his baby from Naspers
Silvertree Internet Holdings and Kevin Tucker have acquired PriceCheck, a leading online price comparison platform, from global media giant, Naspers, for an undisclosed sum. The deal, signed this week…
Naspers acquires OLX Competitor in Nigeria, TradeStable. Redirects to OLX
In what appears to be an aggressive takeover move, popular classified ads platform, OLX.com.ng recently bought over its competition TradeStable.com.ng, and then shut it down. Visitors to the TradeStab…