Loading...
See More

Kalahari Ads joins forces with OLX in SA

Dec 14 2011 15:55 I-Net Bridge

Company Data

NASPERS LIMITED [JSE:NPN]

Last traded 0
Change -17,94
% Change 0
Cumulative volume 1298606
Market cap 622.96bn

Last Updated: 25-11-2014 at 04:25. Prices are delayed by 15 minutes. Source: McGregor BFA

Related Articles

Commission reverses print firms' merger

Naspers ekes out first-half profit

Tencent reports 13.6% rise in Q3 net profit

Naspers follows Tencent lower

Investors in BEE scheme brace for trade

TopTV moves into selling its airtime

 
Johannesburg - Naspers-owned MIH Internet Africa on Wednesday announced that the local resources at its online classifieds startup Kalahari Ads would be consolidated with international resources available via OLX, another Naspers [JSE:NPN] owned entity in a bid to grow Naspers' online classifieds footprint and market penetration in South Africa.

Classifieds listed on Kalahariads.net will thus be moved to the new platform - www.olx.co.za, effective December 20.

Paul Casarin, general manager of Kalahari Ads, said it had been hugely successful since its launch earlier this year, becoming the third-largest general classifieds site in South Africa within eight months and seeing the successful rebranding of a number of Naspers newspaper classifieds titles.

"OLX is one of the world's leading classified services and the current leader in Latin America and Asia. With a presence in 90 countries in 40 languages, the free classifieds site has a strong user base internationally, with over 125 million unique visitors per month worldwide," he said.

"By consolidating the two businesses we enjoy the expertise of a global classifieds business (OLX) as well as the hands-on local knowledge of the Kalahari Ads team who will ensure prompt customer support and high moderation standards enabling the safest place for buyers and sellers," Casarin said.

Among a range of new online features, the innovative OLX platform also offers mobile apps for a wide range of smartphones including Android, Nokia, BlackBerry and iPhone, together with a mobile site for non-smartphone users.

Naspers made the strategic investment in OLX in August 2010.
naspers
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

Retailers of any shape and size can now unlock the power of mobile transacting.
 
 

Thirty and still single? There’s hope!

Are you thirty and still single, without even a hint of a prospect on the horizon? Then read this!

 
 

Men24.com

SA’s Playboy Playmate of the year in action!
12 lies everyone accepts as fact
Hottie of the day: Charlotte
Breakup text goes viral and it’s hilarious!

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...