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Ecommerce
53 posts
India’s Flipkart Begins Customer Lending In A Bid To Boost Sales
India’s leading e-commerce platform, Flipkart, has embarked on a new initiative to offer customer lending services, in a…
Korea’s Alwayz Aims To Make Online “Shopping Fun Again” With $46M In Funding
Levit, a Seoul-based e-commerce company behind the shopping app Alwayz, has raised $46 million in a Series B…
Safaricom Now Allows Kenyans Pay For Goods With Internet Data Balance
Safaricom, the leading telecoms operator in Kenya, has introduced a new service called “Lipa na Data” that allows…
Amazon Soon Expected To Face FTC Suit Over Its Online Marketplace
According to a report from Bloomberg on Thursday, the Federal Trade Commission (FTC) is preparing to initiate a…
Amazon Plans To Lay Off 18,000 workers, More Than Meta Did Last Year
Amazon has announced that it will be cutting down its employee headcount, and now plans to reduce more…
Amazon Secures An $8 Billion Loan, Cites An Uncertain Macroeconomic Environment
American e-commerce company Amazon has secured a loan of $8 billion from DBS Bank, Mizuho Bank, and others.…
Kenya-based Badili Secures Pre-Seed Funding Of $2.1 Million
Kenya is one of Africa’s fastest-growing mobile phone markets, making it a hot spot for businesses looking to…
Etsy Surpasses Analysts’ Third-quarter Estimates, Issues Strong Guidance For The Fourth Quarter
Shares of e-commerce company Etsy soared as high as 10 percent in Wednesday’s extended trading after the company…
eBay Reports Better-than-expected Third Quarter Revenue, Shares Soar 7 Percent In Extended Trading
Shares of e-commerce company eBay soared 7 percent in extended trading on Wednesday, following a slump of about…
Amazon Reports Third Quarter Results That Failed To Meet Estimates, Issues Weak Fourth Quarter Guidance
Amazon shares fell 13 percent in Thursday’s extended trading after the company reported a revenue miss and issued…