November 1, 2015 IBOMLLC Team

Ringier Africa Increases Its Revenue By 320% In One Year

Ringier Africa increases its revenue by 320 per cent in one year

Innov8tiv
Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

In the third quarter of 2015 Ringier Africa more than tripled its revenue compared to the same period in 2014. Its growing market-leading portfolio all over Africa and new investments lead to an increase of traffic by 63 per cent year-on-year.

Ringier Africa continues to show strong growth in revenue and traffic in the third quarter of 2015. With nearly 300 employees in five countries across Sub-Saharan Africa, Ringier runs thirteen classifieds, content and ecommerce platforms as well as digital marketing agencies. On a year-on-year comparison, its revenue from January to September has increased by 270 per cent compared to the first three quarters in 2014. Traffic increased in this period by 64 per cent.

In the third quarter of 2015, Ringier has further established its position as one of the leading digital players in Africa through partnerships with Visa, Orange and Firefox OS, certifying their agency model by Google and announcing an exclusive license for the Employability Platform AMCAT in Sub-Saharan Africa, now integrated on the classifieds platform ZoomTanzania.

The content platforms in West Africa are establishing themselves as the largest and most …read more

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