PriceCheck founder buys company back from Naspers

Silvertree Internet Holdings and Kevin Tucker announced on 4 November that they acquired PriceCheck from Naspers for an undisclosed sum.

The deal sees Tucker reacquire the company he started in 2006, having sold it to Naspers in 2010.

Now in its ninth year, PriceCheck lays claim to being Africa’s largest price comparison service – with over five million products listed from retailers including Zando, Konga, and Jumia.

After launching in South Africa, PriceCheck expanded into Nigeria during 2013.

PriceCheck reports that it now sees 25 million unique annual visitors across its two platforms, and has recorded year-on-year growth of 40% in South Africa, and 600% in Nigeria.

“It is an exciting prospect to retake the reins of a company I started almost a decade ago,” said Tucker.

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PriceCheck founder buys company back from Naspers