The financial performance of One Africa Media (OAM), laid open by Australian classifieds company SEEK last week, brought the story of classifieds in Africa back to earth (for now). It is a story which loses touch with reality from time to time. For instance, when new classified businesses are launched as if it's easier than gra
An official announcement that Rocket Internet (RI) will be listed in the near future is still outstanding, but the unusually high level of corporate activity at “the world’s biggest incubator” lately (even for the Samwer brothers) is interpreted by local and international media as “the Samwers making RI fit for listing late this year, or early next year”.<a href="https://aimgroup.com/201
Rocket Internet-backed auto site Carmudi has gone live in Tanzania with over 1,500 vehicles, making another major step in its plans to cover the continent and dominate the emerging markets online auto market.
Focused on emerging markets, Carmudi is now live in Cameroon, Congo, Ghana
Every research survey projects that mobile is the future of business globally. Several other studies also project that smartphone usage in emerging economies will increase 33 percent compared to seven percent in the developed world. So, it's easy to see why Rocket Internet's emerging-market focused auto site Carmudi launched an Android app to optimize its chances in this mobile revolution.
With 20,000 property listings on its website, Rocket Internet's Lamudi Nigeria has signed a strategy deal, which will help Lamudi rake in more listings and users.
Lamudi will publically list and market listings from Jide Taiwo & Associates, a huge real estate agency with over 23 branches nationwide. Lamudi also signed a deal with the L
Rocket Internet-backed real estate site Lamudi today said it had collected more than 500,000 property listings on its 28 country sites in Africa, Latin America, Asia and Middle East, after launching less than a year ago.
So, the number of listings doubled in three months from April this year. Launched in October 2013, Lamudi competes with real estate sites, such as One Africa Media's PrivatePro