Tag: E-commerce
Prosus to take over Just Eat Takeaway.com in €4.1 billion cash deal
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On Monday, Prosus, a global technology investment company, announced its intention to acquire Just Eat Takeaway.com, a leading…
Jumia reports slight decline in loss for 2024, shrinking from $99.3 million to $99.1 million
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Jumia Technologies, an e-commerce platform centred in Africa, reported a US$99.1 million loss after taxes in 2024, a…
WigWag rebrands as Stitch Express for enhanced e-commerce
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WigWag has officially rebranded as Stitch Express to enhance e-commerce payments, a move announced on Thursday. This transition…
B.Tech, Egyptian Clothing Bank warm up winter with jobs
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On Monday, B.TECH, Egypt’s leading omnichannel retailer of consumer electronics and home appliances, announced a groundbreaking partnership with…
Palmpay and Jumia join forces to enhance Nigerian e-commerce payments
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PalmPay, a leading fintech company in Nigeria, has partnered with Jumia, Africa’s largest e-commerce platform. This collaboration, revealed…
Temu debuts in Nigeria, challenging Jumia, Konga with aggressive lower pricing
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Temu, the Chinese e-commerce giant, officially launched its operations in Nigeria on Wednesday, aiming to disrupt the local…
Online store, Anata, to foster good ties with the community
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Pan-African e-commerce site Anata Nigeria has committed to building strong community bonds by forming strategic alliances with local…
Twiga Foods Announces Jumia’s Charles Ballard as New CEO
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Nairobi-based agritech company Twiga Foods has named Charles Ballard its new CEO, starting May 1. In his new…
Maka e-commerce fashion firm secures $2.65 million in funding
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The African social commerce project MAKA had raised $2.65 million in a pre-seed round. The 4DX Ventures and…
Mercy Corps funds Kenyan e-commerce Tappi with $1.5m
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Kenyan digital commerce solution Tappi raises $1.5 million in an oversubscribed pre-seed round led by Mercy Corps Ventures…
