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  1. Calistro
    Calistro is offline Carpe Diem
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    March 15th, 2016 03:28 PM #1
    http://www.yugatech.com/automotive/t...ndisclose-sum/
    Tsikot.com acquired for undisclosed sum
    Abe Olandres
    29 mins ago
    Leading automotive site, Tsikot.com, has been sold to Now Web Solutions which is owned by serial entrepreneurs Rael Ross and Renato Dayan.

    The new owners are working to re-launch its classifieds, revamp the forum into a more social media style solution for cars and technology and have established an automotive news feed.

    Back in 2011, we reported that MIH (majority owners of Sulit/OLX) have been negotiating with Tsikot with an investment valued at Php100 million (read our story here). However, talks broke down after both parties did not agree to the terms of the deal.

    Rael runs the largest private factoring finance company in Australia, while Renato is the tech director of Light Media, a prominent Melbourne based technology company.

    Renato established CarsNow Philippines in 2015 and experienced significant growth on automotive online classifieds and service to dealers. The acquisition of Tsikot will result into a merge between the Tsikot brand equity and the CarsNow platform.

    “We are working to revamp the Tsikot, bring a new user experience and provide high end technology for our users” explained Renato. Rael also detailed how they are “revitalizing the established house hold brand – providing better services to the community in line with the new culture and customer expectations”.
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  2. niky's Avatar
    niky
    niky is offline SobrangBilisMagType!
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    March 15th, 2016 03:47 PM #2
    So this is why everything looks... weird?

    100m?

    Balato naman diyan.

    Ang pagbalik ng comeback...
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  3. StockEngine's Avatar
    StockEngine
    StockEngine is offline Tsikoteer
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    March 15th, 2016 03:49 PM #3
    Huge traffic like wheninmanila? Mods should be payed? Lol
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  4. Egan101's Avatar
    Egan101
    Egan101 is offline Tsikoteer
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    March 15th, 2016 03:50 PM #4
    Quote Originally Posted by niky View Post
    So this is why everything looks... weird?

    100m?

    Balato naman diyan.
    Wala ba dividends sa mga loyal Tsikot members?
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  5. Syuryuken's Avatar
    Syuryuken
    Syuryuken is offline Tsikot Member Rank 5
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    March 15th, 2016 04:02 PM #5
    dapat may incentives naman yung mga lolo ng tsikot
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  6. Monseratto's Avatar
    Monseratto
    Monseratto is offline Social Dementia
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    March 15th, 2016 04:08 PM #6
    Will the current moderators be retained?
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  7. niky's Avatar
    niky
    niky is offline SobrangBilisMagType!
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    March 15th, 2016 04:10 PM #7
    Quote Originally Posted by Egan101 View Post
    Wala ba dividends sa mga loyal Tsikot members?
    Sure. 1,000 pesos per post.

    Para maka-retire na ako.

    Ang pagbalik ng comeback...
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  8. lowslowbenz's Avatar
    lowslowbenz
    lowslowbenz is offline La Dolce Vida
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    March 15th, 2016 05:06 PM #8
    100 M?

    Are those funds clean?

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  9. crazy_boy's Avatar
    crazy_boy
    crazy_boy is offline Tsikoteer
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    March 15th, 2016 05:58 PM #9
    balato naman diyan hehe
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  10. c_cube's Avatar
    c_cube
    c_cube is offline Tsikoteer
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    March 15th, 2016 06:17 PM #10
    kaya pala ibang iba na nga ang itsura.

    sa akin kahit 100 per post lang masaya na ako tas multiply kung ilan years na dito sa tsikot.

    Nasan na ba si sir jedi? may business card niya pa ako dito eh, matawagan nga
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Tsikot

Tsikot.com acquired for undisclosed sum