Joseph Tartakoff
Aug 26, 2010 7:00 PM
Naspers, the South African media company which owns stakes in a number of digital properties, including Facbeook-backer Digital Sky Technologies, has made a “strategic investment” in classifieds site OLX. Founder Fabrice Grinda tells us Naspers made the investment “both by investing and by buying shares from existing shareholders.”
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Media & Publishing, Newspapers, Money, M&A & Venture Capital, Venture Capital, naspers, olx
Rafat Ali
Apr 12, 2008 7:03 PM
Free classifieds site OLX is another one now in the crazy-money territory: it has raised $13.5 million in its second round of funding, from previous investors General Catalyst, Bessemer Venture Partners, Founders Fund and DN Capital. This brings the total raise to $23.5 million. In Sept 2006, it raised its…
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E-Commerce, Classifieds Business, Money, M&A & Venture Capital, Venture Capital, bessemer venture partners, dn capital, founders fund, general catalyst partners, olx
Joseph Weisenthal
Dec 6, 2007 12:24 PM
Free classifieds site OLX has made a strategic investment in Edeng.cn, a Chinese free classifieds site. Edeng will use the funding to fuel growth and develop the product. The move expands the reach of OLX, which last year acquired Mundoanuncio.com, a Craigslist-like classifieds site targeting the Hispanic market. NYC and…
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E-Commerce, Classifieds Business, Social Media, Countries, Asia, China, edeng, olx
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