The West End market is slowing but it’s not all doom and gloom

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Nigerian Entrepreneur Chinedu Echeruo Sells His ‘HopStop’ app to Apple

first_imgNigerian Entrepreneur, Chinedu Echeruo, has sold his “HotStop” app to the technology giant Apple for an undisclosed amount. HotStop is a mobile application that offers more than 100 metropolitan areas across the globe an online transit guide. Apple is attempting to improve on its mapping software and services for their application. To achieve their target, the technology giant has acquired HotStop as well as the Israeli mapping startup Waze.According to Bella Naija, Echeruo nursed the idea of creating HopStop when he came to the US 1995. He did not find it easy moving about the city of New York. It was this problem that led him to develop HotStop a few years later.Nigerian entrepreneur Chinedu Echeruo, creator of HotStopEcheruo who was born and raised in Lagos, Nigeria came to the US for further studies. He received a BS and MBA from Syracuse University and Harvard Business School, respectively. He also worked for several investment banks as analyst. However, in 2005, he established HopStop, which was listed among the 100 fastest growing software companies in the US in 2011.However in 2009, the Nigerian-born entrepreneur vacated the post of CEO of the company for another person. Echeruo thinks that his decision to step down for another person who he believes has the potentials to drive the company towards the achievement of its goal and objectives is the right one.Echeruo was able to establish two Internet companies in the US, namely, HopStop and Tripology, but now all these companies have been purchased by other companies. In 2010, Rand McNally, the American travel and navigation information company, acquired Tripology.com and now Apple has acquired the remaining one, HopStop.The contribution of the Nigerian-born entrepreneur has been recognized in some circles. The Black Enterprise Magazine included him in its list of Top 40 Under 40 and named him the magazine’s small business innovator of the year.  Currently, the Nigerian-born entrepreneur is partnering with and heading the Principal Investing Group of West Africa.last_img read more

Osimhen’s goal fails to rescue Lille as Marseille close Ligue 1 gap

first_imgRelatedPosts Napoli Coach: Osimhen young lad with old brain Neymar bags two-match ban Neymar, four others sent off as Marseille grab rare win at PSG Olympique de Marseille cut the lead by Paris St-Germain at the top of Ligue 1 in France to 10 points on Sunday after a 2-1 win at Lille. Two quickfire goals midway through the second half gave them the win after Nigerian international Victor Osimhen had given the hosts the lead. Champions PSG are in pole position on 62 points from 25 games after Saturday’s 4-4 draw at Amiens. Marseille have 52 points while Lille stayed fourth on 40 points after the visitors came from behind in an entertaining clash. Osimhen twice came close in the first half before he fired Lille into a 51st minute lead. He scored with a dinked shot over goalkeeper Steve Mandanda after he took a defence-splitting pass from Jonathan Bamba in his stride. Marseille missed a penalty kick on the hour as home goalkeeper Mike Maignan saved Valentin Rongier’s spot kick after Tiago Djalo tripped Bouna Sarr, but Lille’s joy was short-lived. The visitors levelled in the 67th minute as Lille defender Reinildo Mandava diverted Valerie Germain’s glancing header into his own net and the Marseille midfielder again turned provider two minutes later. Germain broke loose on the right flank and sent a superb low cross for Argentine striker Dario Benedetto to tap the ball in at the near post and complete Marseille’s fightback. Earlier on Sunday, Olympique Lyonnais continued their patchy form with a 1-1 home draw against Strasbourg after Kevin Lucien Zohi cancelled out Bertrand Traore’s opener for the home side. The result left Lyon in 11th place on 34 points while Strasbourg moved one place up to seventh on 37. Third-placed Rennes suffered a 1-0 setback at Stade Reims, while Brest stayed 13th after holding on for a 3-2 home win over struggling Saint Etienne. First half goals from Paul Lasne, Gaetan Charbonnier and Irvin Cardona gave Brest a 3-0 lead. Then the visitors, who remain hovering above the relegation zone in 16th position, set up a tense finish through Denis Bouanga and Lois Diony. Reuters/NAN.Tags: Jonathan BambaLigue 1MarseillePSGSteve MandandaVictor Osimhenlast_img read more