Friday, November 24, 2017

ROAM launches largest classifieds business

DAILY NEWS Reporter
RINGIER Africa and One Africa Media has merged and form Ringier One Africa Media (ROAM) and become a leading classifieds group in Sub-Saharan Africa.

ROAM operates a number of Africa’s leading classifieds businesses across the continent and will from now on activate synergies that will allow both buyers and sellers to benefit from an unprecedented ecosystem.
Clemens Weitz, previously COO of Ringier Africa Classifieds, has been appointed as the CEO of ROAM. Immediately after the appointment the new CEO said they are privileged to contribute to the positive disruption that digital solutions bring to our African markets.
“Many markets are still highly non-transparent, informal and fragmented. “Buyers are typically overcharged due to asymmetrical information, and jobseekers defrauded by fake companies,” Mr Weitz said through a release.
ROAM operates in Nigeria, Ghana, Senegal, Kenya, Tanzania, Uganda, Zimbabwe, Mauritius and Ethiopia. ROAM’s portfolio comprises both vertical classifieds in cars, jobs and real estate as well as general classifieds where a large variety of products can be sold and bought by professionals and individuals alike.
It combines One Africa Media’s vertical classifieds businesses Jobberman, BrighterMonday, Cheki, BuyRent- Kenya and Private Property Nigeria with Ringier-Africa’s general classifieds Expat-Dakar, ZoomTanzania, PigiaMe and Qefira and property portal MaMaison.
In addition, new partners such as Mediatiz in Mauritius and Classifieds.co.zw and Property.co.zw are intended to join the group.

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