Online marketplaces fight scams as fraudsters exploit COVID-19
SA’s online marketplaces intensify security, as scammers take advantage of the growing e-commerce opportunity presented by the pandemic.
Tribunal prohibits Naspers’s OLX, WeBuyCars merger
The competition watchdog says the proposed transaction should be prohibited as it is likely to prevent or lessen competition.
OLX to invest R6bn in German online car marketplace
The online classifieds firm looks to invest $400 million in Frontier Car Group to become the company’s largest shareholder.
CompCom unimpressed by Koos Bekker’s investment comments
The Competition Commission hits back at Naspers for calling the institution a hindrance to investment.
Naspers to list NewCo in July
Africa’s biggest media company has set the date for the listing of its new global consumer Internet group, NewCo.
CompComm wants Naspers' acquisition of WeBuyCars blocked
The commission recommends the proposed acquisition of WeBuyCars by an entity of the Naspers Group be prohibited.
Local SMEs readily take to Google Cloud
Smaller businesses in SA are integrating cloud computing into their strategies faster than their larger counterparts, says Google Cloud.
Naspers-owned OLX pumps R1.4bn into Webuycars
The investment forms part of Naspers' undertaking to accelerate growth in classifieds, online food delivery and fintech businesses globally.
Naspers considers listing some e-commerce units
Naspers could list some of its e-commerce ventures in Hong Kong or New York, says CEO Bob van Dyk.
Sirtch takes on local giants Gumtree, OLX
The recently launched classified advertising platform is targeting an untapped market by offering its services in Xhosa and Zulu.
OLX blocks scammers using advanced algorithms
The classifieds site has been able to decrease fraud incidents significantly since revamping its chat platform security.