Tag: naspers


Vostok pushes Wallapop valuation up by 60%

Vostok pushes Wallapop valuation up by 60%

Vostok New Ventures thinks its 3-percent stake in Wallapop is worth $18.5 million U.S., which translates into a full value for the app of $616 million U.S.. The new value given to Wallapop by Vostok New Ventures is 60 percent up over the previous valuation.


OLX to launch global brand for online services

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.


In SA, PriceCheck gets serious about autos

In SA, PriceCheck gets serious about autos

South Africa's competitive auto vertical just got more competitive. PriceCheck, the leading price comparison site for (mostly) new goods in South Africa, relaunched its auto category in a way which makes it a real competitor for the established contenders in the auto vertical, such as Autotrader.co.za and Gumtree Autos.



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