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 ...

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 ...

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 ...

Gumtree South Africa recently unveiled a new logo, which is part of the company’s “ongoing and comprehensive redesign”. The move is part of a play by Gumtree to enhance its offering in South Africa, ...

Having recently listed on Effective Measure through the IAB for the first time, local classifieds site Gumtree has revealed it sees 8 million unique visitors each month. The latest Effective Measure ...

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.

As of 3 March, South Africa’s largest classifieds site, Gumtree.co.za, is sporting a new homepage, along with several improved features, rolling out a PWA (progressive web app). The homepage will ...

Online classifieds site, Gumtree South Africa, is sporting a new logo as part of an ongoing and comprehensive redesign. “Gumtree’s logo has remained unchanged since 2005, although the site has ...

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 ...