Browsing Tag
e-commerce
40 posts
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.…
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…
Egyptian e-Commerce Platform Kenzz Raises $3.5 Million In A Seed Funding Round Led By Outliers Ventures Capital
E-commerce platform Kenzz wants to bring shopping and complementary services to thee mass market in Egypt and other…
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…
