e-tailer
Jumia posts revenue and order gains, but compounding losses drag its stock lower
Pan-African e-commerce company Jumia released its third-quarter financial performance today, detailing a mix of expected and surprising results. When TechCrunch discussed the company’s Q2 2020 finan
Jumia’s Q1 earnings report continues to show falling losses, slow growth
African e-commerce giant Jumia today shared its earnings for the first quarter of 2021 that ended in March. While its customer count grew, a drop in the company’s revenues spoke to the fact that
Africa Roundup: TLcom closes $71M fund, Jumo raises $55M, AWS partners with Safaricom
VC firm TLcom Capital closed its Tide Africa Fund at $71 million in February, and announced plans to invest in 12 startups over the next 18 months. The group — with offices in London, Lagos and Nair
Africa Roundup: Nigerian fintech gets $360M, mints unicorn, draws Chinese VC
November 2019 could mark when Nigeria (arguably) became Africa’s unofficial capital for fintech investment and digital finance startups. The month saw $360 million invested in Nigerian-focused p
DHL expands Africa eShop online retail app to 34 countries
DHL has expanded its DHL Africa eShop business to 13 additional markets, upping the presence of the global shipping company’s e-commerce platform to 34 African countries. DHL went live with the digi
Blue Apron gets a much-needed boost with Jet.com partnership
The enemy of my enemy is my friend. That explains a coming-together between two startups today after Jet.com announced it will give beleaguered Blue Apron a leg-up by introducing its meal kits for c
The Next Big E-Commerce Wave: Vertically Integrated Commerce
<strong>Editor's note: </strong><em>Boris Wertz</em><em> is the founder of </em><a target="_blank" href="http://versiononeventures.com/"><em>version one ventures</em></a><em>, and has invested in mor