Analysis: Jumia Kenya losses trigger bad omen for Africa e-commerce
By Mildred Kibaki Africa is touted as the next frontier in global ecommerce on account of its growing youth population. But with serial losses being recorded by some of the…
For bank regulators, tech giants are now too big to fail
Aug 20, 2021 More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart of the financial system are too big…
Konga: The making of a true African e-Commerce unicorn
The global e-Commerce wave has birthed an aggressive rise of super-structures, led by the likes of renowned international players such as Amazon and Alibaba. With much of the narrative in…
Coronavirus: Jack Ma donates 2m masks for Europe crisis
Chinese billionaire and Alibaba co-founder Jack Ma has pledged to donate two million protective masks for distribution across Europe, with a first consignment arriving in Belgium late on Friday. A…
‘Big Tech’ companies could be forced to share data on financial services customers – FSB
Google, Alibaba and other “Big Tech” companies could be forced to share data on financial services customers with banks and financial technology firms to prevent unfair competition. As Facebook’s…
Konga to break e-Commerce biggest day sales record soon – Chris Uwaje
Africa Chair for IEEE-World Forum on Internet of Things (IoTs), Dr. Chris Uwaje has boldly declared that foremost e-Commerce giant, Konga will beat the record for the biggest single day…
Osinbajo receives Jack Ma in Abuja, pledges gov’t support to businesses willing to invest in Nigeria
Vice President Yemi Osinbajo on Thursday received Jack Ma, the co-founder and former Executive Chairman of popular Chinese e-commerce firm Alibaba group. Vice President Yemi Osinbajo at the meeting with…
Jack Ma bids Alibaba farewell with rock star show
A tearful Jack Ma formally left Alibaba on Tuesday, donning a guitar and a rock star wig at an event for thousands of employees of the e-commerce giant he founded…
Expert lists why indigenous e-commerce firms are champions
By midday on Tuesday September 4th 2018, a remarkable development, whose reverberations are still felt today, shook the e-commerce world and the whole of Wall Street. Amazon, an American e-commerce…