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Showing posts with the label Lenovo

These Smartphones Will Receive 50% Discount on Jumia Megathon Event

Jumia Megathon Conference started held on the 25th of June was a great success, the atmosphere was amazing and the overall ambience of excitement was top-notch. The event which took place at the MTN headquarters, Golden Plaza, Falomo, Ikoyi, Lagos saw a high number of invited guests. Jumia Marketing Department head Mr Johnathan started by introducing the C.E.O of Jumia Africa, he gave a speech on the growth of smartphones in Nigeria. According to Jumia Africa C.E.O, 85% of Nigerians use mobile phone (smartphones) than rest of other African countries. He also mention that Nigeria has the highest internet users than Germany, France, and United Kingdom through the use of smartphones. Through smartphones Entrepreneurship has really expand in Nigeria. Examples of illustration he use was a fish seller (woman) that use her smartphone to advertise various types of fishes she sells through the internet via her smartphone. MTN Marketing Department head, Mr Richard Iweanoge, explained...

Lenovo Buys Motorola For $2.91 Billion

The rumour of Lenovo wanting to buy Motorola was confirmed few hours ago and the deal finally went through.  Lenovo which is a strongly emerging Chinese computer company was making a bid to buy Motorola from Google few days back when the rumoured leaked. However, at the end of close of business yesterday, the company was able to successfully buy the handset unit of Motorola which also comes with portfolio of patents.  Lenovo paid Google $2.91 billion to acquire Motorola according to the info on Google's website which is really far away from what Google herself paid to acquire Motorola few years back ($12 billion).  Lenovo will pay cold cash to Google up front, which equates to $660 million, along with $750 million in stock, while the rest of the $1.5 billion will be paid out in the coming three years.   This may suggest a kind of loss by Google in this regard, however, Google doesn't see that way. Google had been experiencing difficulties...