Naspers
What Happened to MXit? SA’s Own Super-Popular Chat App
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Cape Town Tech Startup Secures $14.5-Million More in Funding
“In emerging-market megacities, hundreds of millions of people use public transport to get where they need to go. Before WhereIsMyTransport, there was no central source of data for these networks, despite their size, scale, and importance,” reads a blurb on the startup’s official website. “WhereIsMyTransport helps people understand mobility in emerging-market megacities. We’re trusted by industry leaders like Google, the World Bank, and WSP.” Founded in Cape Town in 2015, the tech startup focusing on mobility creates data maps for formal and informal public transport networks in cities and uses this data and tech to improve the public transport experiences of commuters. WhereIsMyTransport hopes to make public commutes more reliable, predictable, safe, inclusive and more accessible to indiv...
Amazon need not Enter SA’s eCommerce Industry ‘Any Time Soon’, says Naspers CEO
Image sourced from CNBC Bob van Dijk, CEO of Naspers and Prosus believes that Amazon may not enter South Africa’s eCommerce sector “any time soon”. According to TechCentral, a key reason for this is “Naspers-controlled e-retailer Takealot.com is doing a really, really good job serving South African online consumers”. “We look closely at the Net Promoter Score, which is really whether people like the service enough to recommend it to others. There, Takealot has done just a fantastic job,” says van Dijk. “If they manage to continue to make customers happy at scale, like they have been doing, then I think there is limited room for Amazon to come in and offer something better.” Amazon CEO Jeff Bezos to Step Down Founder and CEO of Amazon, Jeff Bezos has revealed that he will step down from his...
European Union backs Ngozi Okonjo-Iweala for WTO role
The European Union has endorsed former Nigerian finance minister Ngozi Okonjo-Iweala as the next director-general of the World Trade Organisation, Bloomberg reported. The business news outlet cited anonymous officials familiar with the matter that all the 27 EU member countries agreed on Monday in Brussels to support Mrs. Okonjo-Iweala. Bloomberg also reported that the United States has decided to back Yoo Myung-hee, South Korea’s trade minister, for the role. The position has been fiercely contested amongst candidates of different countries since Roberto Azevedo resigned in August. Last month, Okonjo-Iweala and Myung-hee were selected as the last two candidates in the contest. The EU’s endorsement is seen as a significant boost for Okonjo-Iweala’s candidacy, with the final winner expected...
