Back in March, we reported that Naspers’ investment arm MIH had teamed up with Obox to launch QikCommerce — a WordPress-based eCommerce tool that lets users “create an online shop in minutes”.
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It was an exciting development: a large multi-national internet company had joined forces with local internet entrepreneurs to launch a new ecommerce service that allowed users to create their own online stores on the fly. But just a couple of months after QikCommerce launched, Obox founders David and Marc Perel had left the joint venture.
Read more on Ventureburn.
