Browsing Tag
e-commerce
37 posts
Lagos-based B2B E-commerce Platform Omnibiz Secures $15 Million Funding In Pre-Series A Round
Lagos-based B2B e-commerce platform Omnibiz has secured $15 million in a pre-Series A round led by Timon Capital.…
Africa’s e-Commerce Unicorn Jumia’s Results Show That The Company Is Past Peak Losses And Ready For Profitability
Africa’s e-commerce titan Jumia announced on Wednesday that it was past peak losses and is ready for profitability.…
Egypt’s Convertedin Gets $3 Million In Seed Funding In A Round Led By Merak Capital
Egyptian startup Convertedin has secured $3 million in a seed funding round led by Saudi Arabi-headquartered Merak Capital.…
Amazon Reports Impressive Results, Issues Positive Guidance For The Next Quarter
Shares of e-commerce company Amazon were up more than 13 percent in Thursday’s extended trading after the company…
Etsy Surpasses Second Quarter Estimates, Shares Soar More Than 15 Percent
Shares of e-commerce company Etsy were up over 8 percent on Wednesday after-trading hours after the company released…
Shopify’s Quarterly Results Fall Below Expectation, Issues Weak Guidance For Next Quarter
E-commerce company Shopify reported weaker than expected quarterly earnings results for the second quarter of 2022. The company…
Egyptian Startup Mylerz Raises $9.6 Million To Scale Its E-commerce Fulfilment Operations And Expansion Plans
Mylerz, an Egyptian e-commerce fulfillment startup has raised $9.6 million in funding to scale its operations and fuel…
Shopify Declines 17 Percent On Lower-than-expected First Quarter Earnings Result
Shares of e-commerce company Shopify were down 17 percent after reporting its results for the first quarter on…
The Thin Line Between E-commerce And Social Commerce
The advent of technology and the internet brought about new ways of carrying out human endeavours like buying,…
Amazon Acquires India’s Social Commerce Startup GlowRoad In An All-cash Deal
E-commerce giant Amazon has acquired Indian social commerce startup GlowRoad. The all-cash deal comes as the e-commerce titan…
