After switching horses in mid-race in Kenya and Nigeria in July (general classifieds portal Dealfish was discarded for OLX), Naspers now announced it was saddling another horse, which it'll send into a different race in Nigeria in November. (More about the switch to OLX to follow soon - Naspers is working on a response to our questions.)
According to a senior manager at MIH Internet Africa, a s
Hamburg-based business network Xing appointed Timm Richter (42) to its executive board with the title of chief product officer (CPO).
Richter currently is CEO of TravelTainment (started there in Dec. 2010) and will take up his duties in the newly-created position on the XING executive board as soon as possible, but not later than Mar. 1, 2013, the company said. Richter will “ensure Xing keeps u
The operator of the biggest Swiss online marketplace, Ricardo.ch AG, has appointed Christian Kunz as new CEO from October 2012 on, to replace Heiner Kroke, who is leaving the company after four years as head of the company.
As Heiner Kroke, the new CEO Christian Kunz has been connected to competitor Ebay, were he had responsible in different manager positions for the global marketing of the auc
IOLProperty.co.za, one of South Africa's top 3 real estate portals, may be up for sale. According to Financial Times (FT), Ireland's Independent News & Media (INM) considers selling its entire South African business, including IOLProperty, to reduce debt.
Apart from IOLProperty, the profitable South African business owns
Cape Town-based multimedia company Naspers released its financial results for the year to 31 March 2012 (FY2012) yesterday.
The results were eagerly awaited. A few years of impressive e-commerce performances had labelled Naspers a company which knows what it does when it comes to e-commerce. Did Naspers deserve the reputation? Or were recent performances just flashes in the pan?
As it turned
By Christo Volschenk
South African-based media group Naspers has taken another step to bring order to its wayward portfolio of free small ad platforms. This time the Indian portal TradusAds.in bent the knee before a triumphant OLX.in.
At the end of last year Naspers stopped KalahariAds.net and OLX.co.za from competing ag