Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
B1Bw9CaIMAAZna7
- Credit: Nimbuzz (Picture: Twitter/@nathnathy
Business
Asian Countries
Britain
chat and call on the internet
India
New Call
New Delhi
Nimbuzz
Techcrunch
Thursday, 30 October 2014 - 11:41
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Nimbuzz app valued at $250m in new deal

The British company New Call has bought 70 percent of the originally Dutch app Nimbuzz. According to Techcrunch, New Call will pay $175 million for the majority stake in the company. The entire company is valued at $250 million. Nimbuzz was founded in 2006 by Evert Jaap Lugt. The app quickly became popular in India and other Asian countries. In 2012 the headquarters were moved to New Delhi and Lugt stepped down as CEO. Nimbuzz is now available on all mobile platforms, PC and Mac. Users of the app can chat with each other and make calls via the internet, but it is also possible to call land line and cell phone numbers. According to Techcrunch, Nimbuzz expects to be profitable from the 4th quarter of this year through revenues from internet calling, advertising and digital stickers. The app has more than 200 million users.

Follow us:

Latest stories

  • South American coati spotted in Breda tree evades capture
  • Three farmers arrested for attempted manslaughter; Police warn against publicly doxxing officers
  • KLM sued over sustainability, CO2 emissions compensation claims
  • Man thought to have died in car crash may have been killed in shooting
  • Dozens arrested as Extinction Rebellion activists block A12 in climate protest
  • Impoverished households to get extra €500 for energy bills after all

Top stories

  • Three farmers arrested for attempted manslaughter; Police warn against publicly doxxing officers
  • One-year anniversary of Peter R. de Vries shooting
  • Big cities to push Dutch population growth in coming years
  • Video: Police fire shots at Heerenveen farmer protest; Actions at Groningen airport today
  • Covid infections may be stabilizing at new peak, but hospital total jumps 20 percent
  • Bisexual people often victims of violence; Situation not improving

© 2012-2022, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content