27 March 2007 3 min

PriceCheck secures venture capital

Written by: Onno Staal Save to Instapaper
{pp}PriceCheck (www.pricecheck.co.za), South Africa’s popular online shopping search engine, has signed an agreement with Cape Town-based Staal Internet (Pty) Ltd. With this participation PriceCheck is taking a big step towards its goal of becoming the market leader for online shopping in Africa. For consumers PriceCheck offers an extensive and independent source of price and product information; for business partners PriceCheck offers high quality traffic to e-commerce sites and portals.
 "We are very happy with this cooperation," says PriceCheck founder, Kevin Tucker. “The seed capital and know-how of our investor will enable PriceCheck to improve the service and expand the relevant information for users at a faster pace. The number of South African consumers discovering the convenience and advantage of online shopping is growing rapidly.”"PriceCheck has the most advanced filtering technology in South Africa. Consumers can really compare different prices for the same product in one click. This technical advantage was of decisive importance for our investment decision.” says Onno Staal, MD of Staal Internet (Pty) Ltd. “We believe the SA audience deserves real transparency when shopping online.”Contact Details:Onno Staal 021 4211188 / 072 3333999 This email address is being protected from spambots. You need JavaScript enabled to view it.www.pricecheck.co.za Kevin Tucker is the Cape Town-based developer of PriceCheck and started PriceCheck in June 2006. At this moment PriceCheck offers information on more than 100,000 products in 120 different product categories. The ten most popular categories include digital cameras, MP3 players, watches, laptops, books, flash memory, graphics cards, GPS devices, desktop computers, and perfumes. Dutch investor Onno Staal, MD of Staal Internet (Pty) Ltd., has internationally acclaimed know-how of this industry. He is one of the co-founders of the comparison shopping service Koopwijzer.nl in The Netherlands, which merged with Kelkoo.com, the successful European shopping search engine, in 2000. The company was sold to Yahoo.com in 2004. Staal has been in South Africa since 2004 and is based in Cape Town.
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