Just a few days ago, after Naspers’ announcement that its Career24 is shutting down operations in Nigeria effective 1 March 2019, Ringier’s DealDey has also announced the closure of its e-commerce website.

DealDey was established in 2011 by Konga founder Sim Shagaya. In 2016, it was acquired by Ringier Africa Deals Group (RADG), a newly-founded joint venture between Swiss Ringier Africa AG and South African Silvertree Internet Holdings (Pty) Ltd.

NASPERS TO SHUT DOWN ONE OF AFRICA’S MOST POPULAR JOB PORTALS, CAREERS24

Back in 2016 when the deal was announced, Ringier’s Leonard Stiegeler told Techcrunch that the acquisition is part of an expanding Africa strategy “to invest fully in four verticals within Africa: classifieds, content, digital marketing, and e-commerce.”

He added: “The country is an important entry market for e-commerce and there are significant players. We really believe the deals model that relies more on local merchants and offers both goods and services can differentiate itself from the Amazon models that Jumia and Konga are running.”

SOURCE: https://brandspurng.com/2019/01/13/ringers-dealdey-shut-down-operation-in-nigeria/

Wahala dey this country sha...

Sai Bobogarri

Hmmm.....more folks heading to the labour market.

And some mofos and zonBs will still b asking of evidence of job losses under dis govt..

Nbote:
And some mofos and zonBs will still b asking of evidence of job losses under dis govt..

You should learn to read and read extensively before you make a mockery of your self on a public forum. Now let me help you...

1. NASPERS shut down a number of its investments/Operations (OLX) in Nigeria,Kenya and Ghana (they are probably ruled by Buhari )
2. NASPERS is also listing Multichoice on the Johannesburg stock exchange as many analysts think they are throwing in the towel against big players like Netflix.
3. NASPERS is focusing on going EAST-China and pulling the plugs on investing in Africa. They are investing in a number of Chinese startups including tencent and flipkart

This has nothing to do with job loss,Buhari or Atiku as you close minded folks assume