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Zepto Raises $340 Million in Funding
Zepto specalizes in ultra-fast delivery with a promise to get orders to customers within 10 minutes.
- Region
- Asia Pacific
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Egypt’s Cartona Raises $8.1 Million Even as Investors Pull back From B2B E-commerce in Africa
A common criticism had been that asset-light models would find it difficult to retain customers and compete against asset-heavy B2B e-commerce platforms.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Google Backs Indian Open Source Uber Rival
Google has become one of the latest investors in Moving Tech, the parent firm of Indian open source ridesharing app Namma Yatri.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-commerce, innovation, startups
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Skincare E-commerce Startup Uncover Raises $1.4 Million to Expand Into Ghana and Uganda
The company distributes these skincare products through its e-commerce platform and retail partnerships with pharmaceutical chains like Goodlife and Medplus in Kenya and Nigeria.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Flipkart Expands Digital Services With New Recharge and Bill Payment Options in India
With the launch of these new categories, customers can make their bill and recharge payments while shopping on the platform.
- Categories
- Technology
- Region
- Asia Pacific
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South African Online Retailer Takealot Warns About E-Commerce Competition from Chinese Clothing Manufacturers Temu and Shein
Despite Takealot being a local business, many South Africans have come out in support of Shein and Temu because of their cheap prices.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Renew Capital Backs Zuri’s Tech-Driven Beauty Revolution in Africa
Zuri boasts a robust e-commerce platform, allowing customers to conveniently purchase products online and enjoy home delivery.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Wasoko-MaxAB E-Commerce Merger Faces Delays Amid Headwinds in Africa
The delay is important in part because of how high-profile this deal has been so far. It’s been described as “the largest merger in African e-commerce” by both companies.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, scale, startups
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