Echeruo: the Nigerian, Apple bought his ICT firm for $1b
August 26, 2019
2:07 am
United States of America’s most celebrated brand, Apple, has bought Nigeria’s Chinedu Echeruo’s HopStop.com. According to The Wall Street Journal’s publication, AllThingsDigital, it informed that though the term of the deal has not been disclosed officially, but HopStop has been compared to Israel’s Waze, which was acquired by Google for $1 billion.
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.
Echeruo, formerly an analyst at investment banks and hedge funds, who founded HopStop, is now chairman …
