M4JAM launched in August last year and uses WeChat to connect companies looking to have small jobs done with individuals in need of employment and pays up to R30 per completed job. More than 7000 jobs were completed within the service’s first 24 hours of operation.
WeChat Africa, which is a joint venture between Naspers and Tencent, says the investment will help M4JAM expand its South African market and expand into other regions. Brett Loubser, head of WeChat Africa, says the messaging service has “several other start-ups” launching this year, too.
“WeChat’s investment allows us to focus on building our business while they provide the community that helps enable our success,” Hugo says, adding that M4JAM settled on WeChat as its communication mechanism between employers and individuals “because the social communications app offers a fast and easy deployment platform”.
Hugo suggests that WeChat’s existing presence in a number of other markets will make M4JAM’s entry to them far easier.