takealot
Big Tech companies in the spotlight as South Africa investigates dominance abuse
Big Tech companies are facing increased scrutiny in South Africa for dominance abuse and anti-competitive behavior, just months after the country’s competition regulator, the Competition Commission (CompCom), started an inquiry…
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Tiger Global is earning its stripes in Africa
You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year, the New York-based firm, known for its famous bets on Stripe, JD.com, Meituan and Roblox, raised $6.7 billion for…
Ivorian e-commerce startup ANKA, formerly Afrikrea, raises $6.2M pre-Series A
A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three years. Much of this spending falls…
South African talent marketplace OfferZen gets $5.2M to deepen European expansion
South African tech talent marketplace OfferZen is one of the beneficiaries of the growing global demand for tech workers: It confirmed to TechCrunch that it has raised €4.5 million ($5.07…
Jumia, DHL and Alibaba will face off in African e-commerce 2.0
The business of selling consumer goods and services online is a relatively young endeavor across Africa, but e-commerce is set to boom. Over the last eight years, the sector has…
South African E-Commerce Giant Takealot Raises $100M From Tiger Global
Takealot, a South African e-commerce site, has raised a whopping $100 million from Tiger Global Management. The company is still relatively young, launching in 2011, post the acquisition of an…
