[ 2014-08-19 ]

Ghanaians help fuel sales on Africas social marketplace
Lagos, August 18, GNA – MoboFree.com, the
leading African social marketplace, has said that
the total volume of items currently for sale in
its marketplace is worth $526 million and is
expected to reach $1.5 billion by 2015.

Presently, it has 3.3 million registered users,
including two million in Nigeria and a strong
footprint in Zimbabwe, Uganda and Ghana.

MoboFree, among the largest and most successful
mobile social and trusted classifieds platforms in
Africa, uploads thousands of new classified
advertisements from members every day, generating
an average of 60 million page impressions
monthly.

The best-selling items are phones, tablets and
mobile devices, followed by clothes, fashion and
beauty and electronic devices, according to
MoboFree.

Its technological platform makes buying and
selling online easy for any African user with any
device, not only for PCs and smartphones but also
for old phones with small screens.

"Africa is home to six of the 10 fastest-growing
economies in the world. Our strong performance
once again confirms the success of our model and
is indicative of the high level of activity in all
markets in which we operate,” said MoboFree CEO
and co-founder Neringa Kudarauskiene, who is from
Lithuania.

“We are now looking for new partners with which
to share our exciting expansion plans as we see
enormous opportunities arising in Africa."

MoboFree is a social marketplace with a unique
user-centric approach rather than the traditional
item-centric approach.

It allows its buyers and sellers to obtain a large
amount of personal information about one other –
ranging from photos and mutual friends to ratings
or other data that enables identification of
whether or not a person is trustworthy.

Following in the African tradition of haggling,
MoboFree allows its members to communicate and
negotiate conveniently without leaving the
platform.

They can do this through private messages or
through chat. MoboFree members send over eight
million private messages a month.

Source - GNA

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