Checkout
Cart: $0.00 - (0 items )

Jumia, DHL, and Alibaba will face off in African ecommerce 2.0

Jumia, DHL, and Alibaba will face off in African ecommerce 2.0 The business of selling consumer goods and services online is a relatively young endeavor across Africa, but ecommerce is set to boom. Over the last eight years, the sector has seen its first phase of big VC fundings, startup duels and […]

Read More

In the shadow of Amazon and Microsoft, Seattle startups are having a moment

In the shadow of Amazon and Microsoft, Seattle startups are having a moment Venture capital investment exploded across a number of geographies in 2019 despite the constant threat of an economic downturn. San Francisco, of course, remains the startup epicenter of the world, shutting out all other geographies when it comes to […]

Read More

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital 2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey), and big Chinese startup investment energized that. The last 12 months served as a grande […]

Read More

Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney

Goldman Sachs leads M investment in Indian fintech startup ZestMoney One of America’s largest banks has just poured some money to help millions of Indians without a credit score secure loans and make purchases online for the first time in their lives. Bangalore-based ZestMoney announced today it has raised $15 million from […]

Read More

Jiji raises $21M for its Africa online classifieds business

Jiji raises M for its Africa online classifieds business Pan-African digital classifieds company Jiji has raised $21 million in Series C and C-1 financing from six investors, led by Knuru Capital. The Nigeria based venture, co-founded by Ukrainian entrepreneur Vladimir Mnogoletniy, has an East to West presence that includes Ghana, Uganda, Tanzania, […]

Read More

Inside Prosus Ventures’ $4.5 billion bet on India

Inside Prosus Ventures’ .5 billion bet on India Prosus Ventures last week filed a hostile offer for British food delivery startup Just Eat, an attempt to defeat a unanimous rejection from its board and simultaneously fend off a bid from rival Takeaway. The giant Naspers spinoff said it was willing to pay […]

Read More

VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund

VTEX, an e-commerce platform used by Walmart, raises 0M led by SoftBank’s LatAm fund E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell online. In the latest development, a company called […]

Read More

TikTok tests social commerce

TikTok tests social commerce TikTok is beginning to dabble in social commerce. The short-form video app said it has started to allow some users to add links to e-commerce sites (or any other destination) to their profile biography as well as offer creators the ability to easily send their viewers to shopping […]

Read More

OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

OLX Group invests up to 0M in used car marketplace Frontier Car Group at 0M valuation Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online […]

Read More

Prosus makes $6.3B hostile bid for Just Eat; Just Eat rejects deal in favor of Takeaway merger

Prosus makes .3B hostile bid for Just Eat; Just Eat rejects deal in favor of Takeaway merger As Amazon-backed Deliveroo expands into click-and-collect and procurement services to grow its footprint with restaurants in Europe, a food fight among three other takeout and delivery players continues apace in an ongoing consolidation march to […]

Read More

Back to top