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All posts tagged "PriceCheck"

  • Funding your startup: Ventureburn lists the SA investors that are delivering

    For entrepreneurs wanting to find early-stage funding, this is the article for you. As there is generally a veil of secrecy surrounding funding and startups, there is often smoke and mirrors in the industry, with many claiming to be "investors".  Ventureburn has sifted through the South African landscape and brought you the investors that are putting the money where their mouths are, and investing in the startup industry. Make sure to keep checking back on this article. We will constantly be updating it with new funds as the startup space grows in South Africa. Also, with your comments and suggestions we hope...

  • 10 defining moments that shaped SA’s startup ecosystem in 2015

    2015 was a year of grinding it out and building momentum... More and more investors, business accelerators and corporate venturers are embracing South African innovations. These are some of the defining moments that shaped the South African entrepreneurship ecosystem in 2015 that stood out for me: iKubu: Exit to Garmin GPS navigation giant Garmin acquired South African radar startup iKubu to make roads safer for cyclists... And they did! Time magazine has named the Garmin Varia as one of the Top 10 Gadgets of 2015. Corporates are insourcing innovation worldwide, and SA is ideally positioned for this trend. Garmin established a...

  • ‘It makes all the sense in the world’ — former PriceCheck CEO on Naspers sale

    Last week emerging markets media and internet giant Naspers sold its award-winning South African price comparison site PriceCheck back to original founder Kevin Tucker and Silvertree Internet Holdings. Launched in 2006, the price comparison website was quickly snapped up by Naspers four years down the line. Under the leadership of renowned entrepreneur and ecommerce expert Andre de Wet, the platform has grown to become Africa's largest sites of its kind. It's grown its staff to over 40 members, expanded to Nigeria and is clocking in 25 million unique annual visitors. But why would Naspers let go of such a fast-growing company?...

  • Original founder Kevin Tucker, Silvertree buy PriceCheck from Naspers [Update]

    VC firm Silvertree Internet Holdings and original PriceCheck founder Kevin Tucker have acquired South Africa's price comparison platform, PriceCheck from global media giant Naspers for an undisclosed sum. Update: Ventureburn understands that the acquisition comes with substantial layoffs and that the company will continue to operate with a fraction of its current staff. Tucker started PriceCheck in 2006 and sold it to Naspers four years later. Today, it claims to be Africa’s largest price comparison service, with 25 million unique annual visitors across its two platforms, and has recorded y-o-y growth of 40% in South Africa and 600% in Nigeria. The...

  • PriceCheck’s Andre de Wet proves that a door-to-door salesman can make it big

    "Students all have money," said PriceCheck's Andre de Wet, who sold denim jackets while studying Medicine in Bloemfontein, South Africa. Inspired by his father, De Wet sold his first business at the age of 27. The South African entrepreneur traveled the world, worked in Singapore and London but always made his way back to his home country. He came back to a market he reckons is ripe for innovation and one that he's definitely going to take advantage of. Today, he's heading up one of South Africa's most popular mobile ecommerce companies, PriceCheck, which he's grown from four to 41 employees...

  • PriceCheck CEO talks mobile buying in SA, demos the PriceCheck app [Video]

    https://www.youtube.com/watch?v=s5dmKX8NqBA What is the future of mobile buying in South Africa and Africa? Andre de Wet, the CEO of PriceCheck -- arguably the most successful mobile online buying and shopping comparison app on the continent -- shares where the company is going and talks about the importance of brick-and-motor stores in online shopping in SA during this interview with Mich Atagana. This video's for you if you want to know more about SA's online buying habits. If you want to see a short demo of how the PriceCheck app works de Wet shows us how to buy a TV on the...

  • PriceCheck and MTN to launch new co-branded price comparison app

    PriceCheck today announced its partnership with MTN Group that will see the release of a co-branded version of South Africa's very popular price comparison and shopping discovery app. With mobile being a huge player, and ecommerce on the rise, PriceCheck hopes to play a critical role in the local consumer's shopping experience. The partnership between the multinational mobile operator and Nasper's owned ecommerce company underscores the importance of mobile in the retail ecosystem -- not only in South Africa but the rest of the continent as well. André de Wet, CEO of PriceCheck, said: "The partnership with MTN puts PriceCheck directly...