Interview: Naspers CEO Bob van Dijk and letgo co-founder Alec Oxenford

Loading player...
Naspers announced last week that it will invest a further US$500-million - about R7.2-billion - into US mobile classifieds platform letgo.
In this episode of the podcast, TechCentral editor Duncan McLeod interviews Naspers CEO Bob van Dijk and letgo co-founder Alex Oxenford about the investment.
Van Dijk explains why Naspers, through its subsidiary OLX, decided to invest in the fast-growing letgo, what the opportunities are for the business and the possibilities for letgo to work with other Naspers group businesses.
Oxenford then talks about the origins of letgo, its growth ambitions and why it's partnered with Naspers.
He also explains why letgo is focused, for now, on growing its US operation rather than expanding into international markets and the machine-learning and artificial intelligence technologies that underpin the platform.
It's a great discussion. Don't miss it!
16 Aug 2018 English South Africa Technology · Business

Other recent episodes

TCS | Charge’s R1.8-billion bet on an off-grid EV future

South Africa has fewer than 400 public electric vehicle charging stations – up from zero just 15 years ago – and EV adoption remains stubbornly slow. Yet Charge, formerly known as Zero Carbon Charge, is betting big that a coast-to-coast network of off-grid, renewable-powered charging stations is exactly what’s needed…
18 May 37 min

TCS+ | The Up&Up Group on the hidden cost of AI

Companies large and small are pouring capital into AI projects, chasing the promise of efficiency, speed and scale. But as Jason Harrison, chief operating officer of The Up&Up Group, argues in this episode of TechCentral’s TCS+, the upfront price tag tells only a fraction of the story – and many…
13 May 46 min

TCS+ | The retirement decision most South Africans get wrong

What happens to your retirement savings when you leave an employer is one of the most consequential financial decisions most South Africans will make – and one of the most commonly mishandled. In this podcast conversation with Mpho Chitapi, 10X Investments senior investment consultant Michael Rossouw sets out what should…
6 May 55 min

TCS | The Cape Town start-up listening for TB with AI

AI Diagnostics, a Cape Town-based med-tech company that has built an AI-powered stethoscope designed to detect tuberculosis, recently raised R85-million in a pre-series-A funding round. In this episode of the TechCentral Show (TCS), Nkosinathi Ndlovu speaks to the company’s CEO, Braden van Breda, about the funding round and its mission…
4 May 36 min