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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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Zambian Construction E-Commerce Startup Bosso Raises $400,000 Pre-Seed Funding
Zambian startup Bosso is a cutting-edge construction e-commerce platform aimed at delivering solutions for the African construction.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, housing, startups
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Amazon Buys Indian Video Streaming Service MX Player
Amazon is acquiring some assets of MX Player, but not the entire firm, which also counts Tencent among its backers.
- Categories
- Technology
- Region
- Asia Pacific
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Kenya’s Copia Mulls Shutdown Amid Plans to Lay Off Over 1,000 Staff
The layoffs would be a drastic cost-cutting measure for the company.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- distribution, e-commerce, employment, failure, startups
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Amazon Takes its E-Commerce Machine to Africa
Amazon rolled out its online shopping service in South Africa, marking the U.S. giant’s entry into Africa’s e-commerce space.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- corporations, e-commerce
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Maad Raises $3.2M Seed Amid B2B E-Commerce Sector Turbulence in Africa
Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the wider Francophone region.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, startups
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