VENTURES AFRICA – Apple has acquired HopStop.com, an “online city transit guide” and mobile application founded in 2005 by Nigerian tech entrepreneur Chinedu Echeruo.
Echeruo’s company, HotStop.com was acquired by Apple in a move to bolster the tech giant’s plan to upgrade its map offering, following Google’s recent $1.1 billion acquisition of Israeli mapping startup, Waze, which draws similarities with its new acquisition. Click to Read Full Story
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