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Mxit

  • Signed, sealed and delivered: the Mxit/Motribe deal

    Mxit has officially inked the deal to buy social network builder Motribe. We reported a few weeks ago that the deal was in its final stages, we now have confirmation from the mobile social network that it is now the 100% owner of Motribe after buying out the current shareholders 4Di Capital, Nic Haralambous and Vincent Maher. Motribe has been working closely with Mxit over the last few months building photo-based apps for the platform. The most successful apps include MxPix (an Instagram-style photo sharing and filtering app that hit a million users in just over a month) and JudgeMe,...

  • Mxit buys mobile social network builder Motribe, CEO steps down

    Sources close to Ventureburn have been speculating for a while that Mxit was on the verge of buying Motribe. Now we have confirmation that Africa's largest social network is in the final stages of inking a deal to acquire the mobile social network builder. Big surprise. Motribe has been working closely with Mxit over the last few months building photo-based apps for the platform. The most successful apps include MxPix (an Instagram-style photo sharing and filtering app that hit a million users in just over a month) and JudgeMe, an app that allows people to meet each other by uploading,...

  • Mxit Money: new mobile money service from Africa’s largest social network

    What’s the future of banking? Well we know that in the future our mobile phones will replace money, and even our credit cards. Why? Because this is the device that is with us all the time and is always connected. But who is going to make this play? The banks? The cellphone operators? The phone manufacturers? Or a mobile social network? Mxit is taking mobile money and payments quite seriously. Earlier this year the popular instant messaging service rolled out a payment option to restaurants, allowing users to pay for meals using the platform. More recently the service launched...

  • Turn your WordPress site into a Mxit app, easy peasy

    Mxit has been working hard to create a platform that developers can build products on. In the last few months the mobile social network has launched a set of new developer APIs as well as a redesigned Developer Centre. The company reckons that by using open web standards, it is opening MXit up for anyone who wants to develop apps for it. Apparently building a Mxit app is about to get a...

  • FunDza: an experiment in mobile books

    No one will argue that the basic literacy situation in South Africa is dire. With access to books being so low (only seven percent of South Africa’s schools have a functioning library), several people have proposed utilising the mobile phone -- one device that is certainly not rare in South Africa -- as a platform for accessing books. This is an idea that’s been thrown around in South Africa since around 2007, and multiple projects have been started in the past few years experimenting in getting people, particularly kids, to read books on basic mobile phones. We caught up...

  • Alan Knott-Craig Jr on birthing World of Avatar, sealing the Mxit deal

    In the third and final extract from his book "Mobinomics", South African entrepreneur Alan Knott-Craig Jr details how he took World of Avatar from concept to company. As was the case with some of his previous ventures, there were speedbumps along the way. At one point Knott-Craig had less than R2 000 to his name and kept the business afloat with emergency loans. Slowly though, things began to turn around, until he was ready to make another play for Mxit: Africa's largest social network. Things began to move at the speed of lightning. Pete’s development team moved to Stellenbosch, bringing...

  • Alan Knott-Craig Jr on missing his first shot at Mxit, founding World of Avatar

    In the second in a series of extracts from his book "Mobinomics", South African entrepreneur Alan Knott-Craig Jr reflects on the first encounter he had with Mxit founder Herman Heunis. At that stage the company was worth a lot less than Knott-Craig would eventually end up paying for it. He also describes the bits of luck, opportunities, cups of coffee, and marital difficulties that put him on the path to leaving wireless broadband company iBurst and starting World of Avatar -- the group of startups that would come to include Mxit in its list of properties. ...