Rocket Internet
Business Funding Investment Jumia

Former Jumia Investor, Rocket Internet to Delist From Stock Exchange

Rocket Internet, the German tech investment company, has reeled out plans to delist from the Frankfurt Stock Exchange six years

Jeff Bezos
Business Ecommerce News

Jeff Bezos Becomes First-man Ever to Worth $200Bn

Jeff Bezos, the CEO of Amazon has become the first person to top $200 billion in net worth on Wednesday, according

Jumia
Ecommerce Jumia Smartphones

Chinese Phone Maker, Vivo, Jumia Partner to Boost Sales in Kenyan Market

Chinese phone maker Vivo has announced its partnership with Africa’s online retailer Jumia to expand its footprint in the Kenyan

Jumia
Ecommerce Jumia Report

Jumia Makes Progress Towards Profitability as eCommerce Firm Records 38% Profit Increase

Jumia recently announced its financial results for the quarter ended June 30, 2020, with the report showing significant progress on

Konga
Ecommerce Konga

UNILAG Postgraduate Student Charged for Allegedly Defrauding Konga

Aniekan Charles Ekong, a postgraduate student of the University of Lagos (UNILAG), has been charged to court by the Police for

MTN Nigeria
Business Ecommerce

MTN Planning to Sell All or Part of its $243m Shares in Jumia

MTN Group is planning to sell part or all of its $243 million interest in Jumia in order to cut its debt and

Konga
Business Ecommerce

Konga Gets Investors Backing to Expand to Other African Countries After Rejecting $300 Million Valuation

Konga, a Nigerian eCommerce firm says that it rejected a $300 million valuation from a consortium of global investors last

Facebook
Accelerator Ecommerce SMEs Social Media

Apply: Facebook Launches Accelerator for EMEA Commerce Startup

Facebook has launched a Commerce Accelerator that will work with 60 startups selected from a pool of applicants from Europe,

Jeff Bezos
Ecommerce People

Jeff Bezos Gets Wealthier, Adds $13B to Net Worth

It is no longer news that Jeff Bezos, the Amazon founder, and CEO is the wealthiest in the world with

BabyBliss
Business Ecommerce Merger Press Release

BabyBliss Nigeria and MumsVillage Kenya Merge to Create Bliss Group

BabyBliss Nigeria and MumsVillage Kenya have announced their merger to create the Bliss Group establishing an entity with a Pan-African unparalleled omnichannel commerce,