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Viewpoint: What went wrong at Jumia, ‘Africa’s First Unicorn’?
Vanity metrics, an obsession to list instead of fixing problems, and a problematic workplace culture turned Jumia from unicorn to carthorse.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: QuickCheck partners with Jumia & PayAttitude for further Financial Inclusion in Nigeria
QuickCheck’s affiliation with Jumia will allow customers to easily take loans on a mobile app they are already actively using.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Goldman Makes Biggest Mexico Fintech Bet With MercadoLibre Loan
Goldman Sachs Group Inc. agreed to lend $125 million to Mercado Credito, the bank’s third loan to a Latin American fintech this year and the biggest ever in Mexico.
- Categories
- Finance
- Region
- Latin America
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What Will Last Mile Distribution Look Like in 2025? Six Predictions for an Emerging Sector
From water purifiers to solar lights, the impact-oriented products can’t further development goals if they can't make it to last mile customers. Emma Colenbrader and Charlie Miller of the Global Distributors Collective explain how the organization's 140 member distributors have defied tough odds to get 13 million products and counting into the hands of last mile households. They share a first-of-its-kind report that aims to better understand the markets for these products, the customers being reached – and the business models that can reach them.
- Categories
- Energy, Entrepreneurship
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Amazon Pay Users in India Can Now Pay Their Utility, Mobile and Cable Bills With Alexa
To be sure, Amazon has long allowed users in many markets to purchase items using voice command with Alexa. But this is the first time the American company is letting users pay their electricity, water, cooking gas, broadband and satellite TV bills with voice and Amazon Pay.
- Categories
- Technology
- Region
- South Asia
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Flipkart to Foray Into Food Retail With New Entity
Newly registered Flipkart FarmerMart, with an authorised equity capital of Rs 1,845 crore, will sell items produced locally.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- e-commerce, emerging markets, farmers, food
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How E-commerce Platforms Are Facilitating Small Business Owners for Selling Online in India
E-commerce players are expanding beyond metropolitan cities to bring innovative sellers’ products on their platforms.
- Categories
- Technology
- Region
- South Asia
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Argentina Is Unlikely Home of the Best Bond in Emerging Markets
While notes from companies such as oil producer YPF SA and phone carrier Telecom Argentina SA tanked last month, MercadoLibre has avoided the worst of Argentina’s mess by relying on its home country for less than a quarter of its sales, while getting a boost from paying many of its workers in rapidly depreciating pesos.
- Region
- Latin America
Parent Organization
