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 ...

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 ...