Tag: E-commerce
TikTok Shop makes e-commerce possible
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With the launch of TikTok Shop in the US, the famous short-form video platform TikTok is making a…
South Africa PAYM8 expands e-commerce offering
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PAYM8, a market leader in payment gateway services, has announced an expansion of its e-commerce offering. This action…
Kenya’s fashion startup ShopZetu, secures $1 million for expansion
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ShopZetu, a Kenyan fashion e-commerce startup, has raised $1 million in a pre-seed funding round to grow its…
BoxCommerce transforms East Africa’s E-Commerce
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In a world that is rapidly going digital, e-commerce has emerged as a major player in Africa’s economic…
Tunisian B2B e-commerce startup Kamioun set to become the leading platform for corner shops
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The goal of the Tunisian B2B e-commerce startup Kamioun is to become the dominant mobile platform for corner…
E-commerce startup Sabi tops $300M valuation in new funding
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Sabi, a Lagos-based B2B e-commerce startup that provides digital commerce infrastructure to Africa’s informal economy, has raised $38…
Shopify sells logistics business to Flexport, cuts jobs again
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A global e-commerce company called Shopify will lay off 20% of its employees, which is more than 2,000…
E-commerce giants, Naspers, Prosus to lay off staffs
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The e-commerce giant Naspers, which has its headquarters in South Africa, and the European subsidiary of its parent…
Taelo, Nigeria’s E-commerce raises funding for expansion
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Aruwa Capital, a Nigerian early-stage growth equity and gender-lens fund, has given Taeillo $2.5 million in “expansion” capital…
African Ecommerce Giant, Jumia, To Reduce Staff And Product Offerings
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Jumia, an African e-commerce company, reported $50.5 million in sales for the third quarter of this year, although…