Jumia shuts down food delivery operations to focus on core business
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Leading African e-commerce company, Jumia Technologies, is exiting the food delivery business by the end of December across its operating countries. Jumia…
Kenyan Startup -Sukhiba Connect - Raises $1.5 Million for WhatsApp-based E-commerce Expansion in Africa
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Sukhiba Connect, a Kenyan social commerce startup, has secured $1.5 million in a funding round to drive its expansion beyond Kenya’s borders….
San Diego-based Commerce Media Platform Katalys, Raises $5.4M In Seed Funding
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Katalys is an active provider of a commerce media platform headquartered in San Diego, California. The commerce media platform seamlessly integrates performance…
Popup Raise $3.5M for no-code way to personalize online storefronts
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Popup a no-code e-commerce platform has raised $3.4M to personalize online storefronts for small e-commerce merchants. The round was led by Accel…
Egypt's MaxAB raises $40 million in its pre-series B funding round
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Egyptian B2B e-commerce and distribution platform, MaxAB, has raised $40 million in its pre-series B funding round. MaxAB said there are about…
Shopify acquires Deliverr for $2.1 billion
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Shopify has announced its acquisition of San Francisco based e-commerce company, Deliverr. The acquisition, which costs $2.1 billion in both cash and…
Social Commerce Startup - Brimore - closes $25m series A funding round
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Cairo-based direct-selling and distribution platform, Brimore, has closed its series A funding round, raising US$25m. The company said it would use the…
Ghanaian startup - Plendify - launches B2B e-commerce marketplace
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Ghanaian-based startup Plendify, has announced the launch of its B2B e-commerce marketplace. According to the startup, the e-commerce marketplace will work with…
Kenyan Startup - CashBackApp - Raises US$475k in Pre-seed Round
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CashBackApp, a Kenyan-based e-commerce startup, has raised $475,000 in its pre-seed funding round. The funds, according to the startup, would be expended…