The business of selling consumer goods and services online is a relatively young endeavor across Africa, but e-commerce is set to boom. Over the last eight years, the sector has seen its first phase o
Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria-based venture, co-founded by Ukrainian entrepren
Last week, online classified site Backpage.com was suddenly replaced with a warning noting that it had been seized by the FBI. The move was abrupt, but not exactly a surprise for a site that’s been
When you think about the fastest growing areas for startup investments, you probably don’t think about classified ads. More likely, your mind wanders to music apps, e-commerce or social platforms. I
Carmudi, a car classified ads site backed by Rocket Internet, has raised $10 million to expand its operations in Asia. Investors include Tengelmann Ventures, the investment arm of the German retail gi
India’s largest online classifieds site, Quikr, has raised $90 million in fresh funding from a group of investors led by Sweden’s Kinnevik. The latest round, which would take the total cap