Search Results for: christo volschenk


08

Jun 2017

Auto1 investor: We see chance to dominate the market

A few weeks ago, we reported on Auto1 Group’s latest funding round, which amounted to €360 million ($405 million U.S.) on a reported valuation of $2.8 billion U.S.. Shmuel Chafets, general partner of VC Target Global, a participant in the funding round, now sits on the board of Auto1 Group. He recently conducted an interview with start-up magazine Gruenderszene.de. We extracted the following quotes.


04

May 2017

OLX to launch global brand for online services

We’ve seen OLX Group, the classifieds subsidiary of Naspers, grow its portfolio from the horizontal platform OLX in about 40 countries to an auto vertical (Stradia), a real estate vertical (Storia), and a heavy-machines vertical (Tradus). Now, another brand is on its way: OLX Group will launch a global brand for online services - probably still this year.



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