According to World Startup Report (WSR), a community-powered guide for starting a company anywhere in the world, One Africa Media is the biggest internet company in Kenya. One Africa Media was founded by the late Carey Eaton and Justin Clarke. It has received funding from Australian recruitment portal Seek and Tiger Global, a New York-based investment manager.
This was revealed in their latest “Internet Hall of Fame†report which highlights the 3 biggest Internet companies in 50 countries based on valuation.
Valuation data comes from:
- Stock market data (highest point in the history of the company was selected)
- Acquisition value
- Valuation at the latest round of investment
- Or as a last resort a guesstimate based on revenues and industry
3 Biggest Internet Companies in Kenya
Company | Industry | Value | Start Date | Company Type
|
|
1 | One Africa Media | Search | $ 80,000,000
Ksh. 6,880,000,000 |
2012 | Private |
2 | Mobile Planet | SaaS
(Software as a service) |
$ 15,000,000
Ksh. 1,290,000,000 |
2001 | Private |
3 | KopoKopo | Payments | $ 10,000,000
Ksh. 860,000,000 |
2010 | Private
|