The death knell has sounded, Mxit announcing Friday that they were shutting down operations. Their failure can be attributed to one glaring error.
The latest numbers show that Mxit is quickly and perhaps irreversibly going down the tubes. So what has caused this rapid descent then?
It happened to Myspace, it happened to Google Plus, could it be happening to Mxit? The world of social networking is cut-throat my friends.
Who thought that a national political party would use a social media platform so well that they would be awarded for it? Maybe some other parties out there should take heed?
No doubt you’ll know by now that South African messaging platform, Mxit has expanded operations to India, where it hopes to tap in to a feature phone market of half a billion users. But with WhatsApp and WeChat angling aggressively for the same slice of pie, how much hope does our homegrown company have? Check it out.
Despite the mammoth popularity and adoption of Whatsapp and WeChat, Mxit is still confident enough to establish new roots in another country, namely India. Remember that Mxit is in fact still one of the largest social media channels in South Africa with over 7.4 million users, and with India’s massive population and cell phone user base over just over 900 million, it makes a lot of sense.
Tech Central has reported that South Africa’s most Twitter-famous CEO, Michael Jordaan has joined Mxit as Chairman of the Board. The appointment is immediate. Because Jordaan has not yet vacated his CEO position at FNB, he will not draw a salary from Mxit or take a stake in the company for the time being. Here’s […]
Last Friday’s Spice broke the news that Mxit CEO Alan Knott-Craig Jnr had resigned from the self-claimed largest social network in Africa. Citing a difference of opinion from shareholders as to the company’s expansion strategy, Knott-Craig Jnr resigned from the cellphone social network, as well as its holding company, World of Avatar.
Africa’s largest social network already has MXit Moola as part of its mobile payment infrastructure, but they just got a little bit cleverer by partnering with Standard Bank and introducing MXit Money.
Recent polling of 3 600 South Africans between 15 and 35 has revealed some interesting preferences for the next President of South Africa.
Welcome to the future, kids. Stellenbosch is about to become the first town in Africa to offer fast and free Wi-Fi accross the entire town. The project is a collaboration between the municipality, Mxit and the University of Stellenbosch. It’s even stretching into the suburbs and neighbouring towns. Très cool.
We all know who Alan Knott-Craig Jnr is. He’s the guy who bought MXit, owns World of Avatar, and made it possible for you to buy Vida with your cell. His father, Alan Knott-Craig Snr, has just been appointed as the CEO of Cell C. This could mean some very interesting developments in the telecoms industry.
The ink has barely dried on Alan Knott-Craig’s deal to buy MXit, and already we’re seeing new developments in the user experience of South Africa’s biggest social network. You can now buy your favourite Estrela using nothing more than your MXit account.
In what is undoubtedly the tweet of the week, here’s new MXit mogul, Alan Knott-Craig, kicking back with a pizza and a draught at Stellenbosch eatery, Ginos, having just purchased South African social media megalith, MXit. The dream. Living it. Indeed.
A recent study by UNICEF has brought to light some interesting (though not very surprising) stats regarding usage of MXit, one of south Africa’s most popular mobile social platforms.
Stellenbosch-based start-up investment firm, World of Avatar, headed by South African online media up-and-comer, Alan Knott-Craig Jnr, has reportedly bought MXit for an undisclosed amount (that some are speculating could be as much as R500 million).