Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,194,473 members, 7,954,850 topics. Date: Saturday, 21 September 2024 at 10:52 AM |
Nairaland Forum / Science/Technology / Webmasters / Apple Acquires Chinedu Echeru's HopStop.com (19161 Views)
Blogging Has Paid Off!!! Popular Blogger,ogudu Clement,acquires A Brand New Ride / Apple Inc. Buys Nigerian Born Chinedu Echeruo’s Hopstop.com For $1 Billion / Apple Buys Chinedu Echeruo’s Hopstop.com For A $1 Billion (2) (3) (4)
(1) (2) (3) (4) (5) (Reply) (Go Down)
Apple Acquires Chinedu Echeru's HopStop.com by shakomende: 2:25am On Jul 20, 2013 |
Apple has acquired Chinedu Echeruo’s HopStop.com, The Wall Street Journal’s publication, AllThingsDigital reports. Founded in 2005, HopStop.com makes mobile applications for both iOS and Android that covers over 300 cities and that helps people get directions or find nearby subway stations and bus stops. Terms of the deal have not been disclosed as at the time of this publication. HopStop has oft been compared to Israel’s Waze which was recently acquired by Google for $1 billion. The move is seen as Apple’s plan to bolster its map offering especially given Google’s recent acquisition of Waze. A serial entrepreneur, Chinedu Echeruo grew up in Eastern Nigeria and attended Kings College, Lagos. He attended Syracuse University and the Harvard Business School in the United States and founded HopStop.com after working for several years in the Mergers & Acquisitions and Leveraged Finance groups of J.P Morgan Chase where he was involved in a broad range of M&A, Financing and Private Equity transactions. He also worked at AM Investment Partners, a $500 million volatility-driven convertible bond arbitrage hedge fund. He founded and raised nearly $8 million for his two U.S based internet companies; Hopstop.com and Tripology.com. Tripology.com was acquired in 2010 by American travel and navigation information company, Rand McNally. He was named Black Enterprise Magazine’s Small Business Innovator of the year and listed in the magazine’s Top 40 under 40 and is currently a partner and head of the Principal Investing group at Constant Capital, a West Africa based investment bank. True to form, Echeruo is working on yet another venture but this time, focused on small businesses in Africa. http://www.cp-africa.com/2013/07/20/apple-hopstop-com/ 38 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Afam4eva(m): 2:30am On Jul 20, 2013 |
How much did they buy it for? Chinedu don hit jackpot oo |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Screwface(m): 3:56am On Jul 20, 2013 |
Afam4eva: How much did they buy it for? Chinedu don hit jackpot oo Sir, they said "undisclosed" na. How we wan take know nau? 1 Like |
Re: Apple Acquires Chinedu Echeru's HopStop.com by nenergy(m): 8:50am On Jul 20, 2013 |
Seun, i take God beg you...nor sell Nairaland o!! 48 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by instinctg(m): 10:12am On Jul 20, 2013 |
Good news, only if we could be more innovative like the asian tigers, our leaders don't give a hoot about the welfare of d youth, instead they are discussing under-age marriage . 12 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by JideTheBlogger(m): 1:30pm On Jul 20, 2013 |
Good news there. Mashable couldn't even mention that the owner is a Nigerian but if it were to be a scam story, they won't hesitate to mention a "Nigerian Prince". nenergy: Seun, i take God beg you...nor sell Nairaland o!! Lol 7 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Ajibel(m): 2:42pm On Jul 20, 2013 |
This is good for him sha |
Re: Apple Acquires Chinedu Echeru's HopStop.com by FineBro(m): 2:42pm On Jul 20, 2013 |
Good work from my Ibo brother. 10 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Nobody: 2:42pm On Jul 20, 2013 |
Brilliant.....positive news worth celebrating 1 Like |
Re: Apple Acquires Chinedu Echeru's HopStop.com by speeder(m): 2:44pm On Jul 20, 2013 |
Neva get upset wen ppl prefer sme1 elz 2 u cuz itz hard 2 convince monkeyz dat strawberriez r swita dan bananaz 2 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by ochallo: 2:45pm On Jul 20, 2013 |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Warlord3000(m): 2:45pm On Jul 20, 2013 |
This is the kind of news we pray for in naija about our ppl.. Not nigerian terrorist bombing in uk or whatever.. Not forgetting some pedophiles in senator's clothing passing bills There is definitely hope for naija 6 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by 50calibre(m): 2:46pm On Jul 20, 2013 |
wow! Great minds = great things = great bucks!! 1 Like |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Osyxcel(m): 2:47pm On Jul 20, 2013 |
Nice one... Power of creative thinking. |
Re: Apple Acquires Chinedu Echeru's HopStop.com by fishkaveli(m): 2:48pm On Jul 20, 2013 |
Him own don better Nigeria,good nation good people |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Sike(m): 2:49pm On Jul 20, 2013 |
nenergy: Seun, i take God beg you...nor sell Nairaland o!!LooooooooL.. Not even for "undisclosed" fee. |
Re: Apple Acquires Chinedu Echeru's HopStop.com by lincolnj88: 2:49pm On Jul 20, 2013 |
Dis is gud news to all southerner...we hope dis motivate more of our youth...emulate gud things pls 1 Like |
Re: Apple Acquires Chinedu Echeru's HopStop.com by debayun(m): 2:49pm On Jul 20, 2013 |
Hmmm am even fnkn of buying nairaland from seun's hand sef d only difference would b dat d Osewa will change to adebayo cos it will still b seun's website and d 1st fin I will do is to ban everybody banable Jst 4 fun I tell u power feels good On the topic most guys will look at d bigger picture nobody will look at hw dis guy started small ie wen d website was nofin am sure he earned nofin more dan peanuts he had to wait 4 good seven yrs b4 he ripped his benefits unlike most youths dat wanna b billionaires in 1 week Lesson: patience is d key rome was nt built in a day 3 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Malawian(m): 2:50pm On Jul 20, 2013 |
ndi bee anyi, mmamma nu o. 10 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Brimmie(m): 2:51pm On Jul 20, 2013 |
Good One!! |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Nobody: 2:58pm On Jul 20, 2013 |
Congrats Google go still buy my own app sef Watch out!! |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Nobody: 2:58pm On Jul 20, 2013 |
Oh cool...didn't know Hopstop was owned by a Nigerian. |
Re: Apple Acquires Chinedu Echeru's HopStop.com by ccollins(m): 2:58pm On Jul 20, 2013 |
hmmm,that is good. seems the chinedu is staying in usa |
Re: Apple Acquires Chinedu Echeru's HopStop.com by jamesibor: 2:59pm On Jul 20, 2013 |
"Chinedu Echeruo"! Da'z all. Say no more!! |
Re: Apple Acquires Chinedu Echeru's HopStop.com by DAMIGHT(m): 3:03pm On Jul 20, 2013 |
MoNEY ooooo |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Decryptor(m): 3:04pm On Jul 20, 2013 |
nenergy: Seun, i take God beg you...nor sell Nairaland o!!And who do you think will be interested to buy a website where teenagers make meaningless posts such as "first to comment" and tribal bigots throw aspersions on each other? Nobody wants to purchase liability. 5 Likes |
Re: Apple Acquires Chinedu Echeru's HopStop.com by iamswizz(m): 3:05pm On Jul 20, 2013 |
hmmm |
Re: Apple Acquires Chinedu Echeru's HopStop.com by Nobody: 3:06pm On Jul 20, 2013 |
lincolnj88: Dis is gud news to all southerner...we hope dis motivate more of our youth...emulate gud things plsU made a mistake, stop famzing Its EASTERNER 8 Likes |
Instagram Blogger, Mary David Onaichemewan Accused Of Blackmailing Personalities / Yahoo! Nigeria / Musk: Twitter Taking Legal Action To enforce Agreed Deal
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 22 |