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With Jiji’s move to a substantial-scale presence from the African continent, and pursuing its acquisition of OLX in 2019 and its new acquisition of Cars45 in 2021, the deal sees the corporation effectively-positioned to faucet into a bigger share from the African sector.
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with OLX and Cars45 less than Jiji’s umbrella, we're finding close to getting a regional chief in classifieds. Jiji is the largest e-commerce corporation in Africa by GMV (greater than $ten billion), primary in small to significant-involvement key groups for instance automobiles and real-estate.
Unquestionably, greater part of African countries have constantly supported the sovereignty and territorial integrity of Ukraine inside the framework on Worldwide corporations in...
Nonetheless, Tonaton has promptly grown in attractiveness owing to innovations that make it simpler for consumers to obtain and offer on-line, a technique aligned with Jiji’s mission.
Tonaton.com provides buyers with Improved online stability by necessitating Actual physical or electronic ID verification of advertisement posters around the System. This really is to be certain genuineness. All advertisements are meticulously reviewed to make sure the quality is up to straightforward.
Jiji already holds leadership positions in Ghana and Kenya. Additionally, the marketplace operates in Uganda and Tanzania with some 12 million customers creating up a month-to-month active base amongst all geographies. The amount of the transaction was undisclosed.
On the current pattern drawn by Jiji, CEO and co-founder Anton Volianskyi clarified that: “With OLX and Cars45 underneath Jiji’s umbrella, we are obtaining close to Tonaton turning out to be a regional chief in classifieds. Jiji is the most important e-commerce company in Africa by GMV (over US$10billion), major in smaller to high-involvement vital categories such as vehicles and real-estate.