Oslo, 22 July 2022 - Adevinta ASA has signed an agreement for the sale of Gumtree South Africa (“Gumtree SA”), to Impresa Capital, majority Shareholder of Ignition Group, one of Africa’s largest ...

Chief of Staff at Gumtree SA- South Africa, Marcus Badach, says “Since late 2022, Gumtree SA has been entirely SA-owned for the first time. “Becoming locally owned, hosted and controlled has been a ...

Sean and Donovan Bergsma of Impresa Capital and the Ignition Group. One of South Africa’s largest online marketplaces, Gumtree, has been acquired by Impresa Capital, a Durban, South Africa-based firm ...

Classifieds specialist Adevinta ASA has signed an agreement for the sale of its subsidiary Gumtree South Africa to venture capital firm Impresa Capital, the majority shareholder of Ignition Group.

Impresa Capital has announced that it has inked a deal with Norwegian online classifieds specialist Adevinta to acquire Gumtree South Africa for an undisclosed sum. It said this marks the first time ...

Property agents previously had to pay a monthly subscription to utilise Gumtree’s professional tools, which enabled the posting of multiple listings on the site. To take up the offer, agents will need ...

Naspers’ abrupt decision to pull the plug on second-hand marketplace OLX has raised concerns that the pre-owned retail market in South Africa could be dying. Naspers shut the site down and delisted ...

Gumtree SA has warned South Africans looking for last-minute Easter holiday deals to be aware of scams. “Holiday accommodation scams usually start cropping up during the Easter and school holidays,” ...

Former MD of The Jupiter Drawing Room Cape Town, Claire Cobbledick has recently been appointed GM at Gumtree SA, after joining the online classified advertisement and community website as head of ...

Gumtree is aiming to return to its “former glory” as it embarks on a strategic turnaround, aiming to boost consideration and “retain and regain” users in a competitive market. Launched in 2000 as a ...

Online marketplace Gumtree has partnered with logistics platform Wise Move to offer South Africans a safer and more efficient way to transport large items purchased online. The integration came into ...