I may be totally off base on this, but from what I have heard, Dubizzle currently does USD 10 million in annual revenue.
The recent investment into the firm by South African media conglomerate Naspers’ wholly owned subsidiary MIH Internet is estimated to be USD 10 million for an undisclosed stake.
Great numbers. Let’s hope it is an indicator of good things to come for the regional online space.
lol, unlikely. Their ads are not enough to cover their costs.
Hey Damien, thanks for dropping by. I think you'd be surprised by their traffic numbers and the size of the inventory they have available for sale.
its true Omar.even i have heard that.now thats called achievement.