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 ...

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 ...

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 ...

The acquisition means that for the first time in 18 years, Gumtree South Africa will be in the hands of South African owners, after being previously owned by American multinational e-commerce company ...

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.

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 ...

Local logistics-tech platform Wise Move has partnered with Gumtree to provide seamless, on-platform access to professional moving services for buyers and sellers on one of the country’s most-used ...

Gumtree South Africa has issued a warning that scammers are using a convincing phishing scam to obtain bank card information from people selling their goods on Gumtree and Facebook Marketplace.

Since Facebook launched Marketplace, it has become a staple for locals looking to sell previously owned goods. Unfortunately, the platform is awash with scammers who often promise to pay after the ...