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Jumia Is Battling With Internal Fraud and External Legal Threats Even as Its Losses Widen
The company has disclosed it recently uncovered instances of improper orders placed and subsequently cancelled on its marketplace platform wrongly inflating its order volume. Some of the improper sales practices, the company said, were carried out by its own personnel in “Jumia Force,” its network of commissioned agents.
- Region
- Sub-Saharan Africa
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WhatsApp in Talks to Launch Mobile Payments in Indonesia
Indonesia could become the second country worldwide where WhatsApp introduces such services, as it awaits regulatory approval from India, its biggest market by users, that has been delayed due to local data storage rules.
- Categories
- Finance
- Region
- Asia Pacific
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Why Jumia Seems to Be Getting It Right in Africa
Despite difficulties and some naysayers, Nigerian start-up Jumia shows the way by finding an e-commerce niche in Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Why China’s Next Crop of ‘Techpreneurs’ Are Skipping Home and Eyeing a Fresh Gold Rush in New Markets
China’s tech entrepreneurs are finding that affordable innovation appeals in developing markets.
- Categories
- Entrepreneurship, Technology
- Region
- Asia Pacific
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NilePay Mobile Money Launches in South Sudan to Widen Financial Inclusion
“NilePay Mobile Service’s partnership with Zain South Sudan is part of the company’s long-term strategy to enable eCommerce and digitize financial services across the country,” said Darius Mobe, Director, NilePay Mobile Money.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Y Combinator-Backed Vahan Is Helping Low-Skilled Workers in India Find Jobs on WhatsApp
The emergence of online hyperlocal services and e-commerce firms in India has led to the creation of about 200,000 jobs for blue-collar workers who deliver items to customers, according to industry estimates.
- Categories
- Technology
- Region
- South Asia
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Kenya’s Sokowatch Raises Further $2.5m Funding, Expands to Rwanda, Uganda
Kenyan startup Sokowatch, a B2B e-commerce platform supplying informal African retail stores, has expanded into Rwanda and Uganda after securing a further tranche of seed funding worth US$2.5 million in February.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Flipkart Launches ‘Samarth’ to Empower Indian Artisans, Weavers, Craftsmen
This move will open up national market access for these underserved communities.
- Categories
- Entrepreneurship, Technology
- Region
- South Asia
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