eCommerce

EXCLUSIVE

This thrift clothes vendor is gaming the Instagram algorithm to make over $2000 every month

Image of an Instagram thrift store vendors merchandise in flat lay for Everyday People

EXCLUSIVE

What the current B2B rave could mean for Africa’s struggling eCommerce sector

EXCLUSIVE

Nigerian eCommerce platform, MallforAfrica, has shut down operations, possible rebranding could be imminent

EXCLUSIVE

Jiji reportedly acquires Cars45 for an undisclosed amount

Cars45 inspection centre

EXCLUSIVE

18 months into a new strategy, how close is Jumia to profitability?

Jumia Food

EXCLUSIVE

Jumia losses dropped by 34% in 2020, yet it witnessed slower growth

Jumia

EXCLUSIVE

GIG Logistics wants to reduce delivery costs for merchants with new Class Plan

EXCLUSIVE

Inside the deep challenges of eCommerce and logistics in Nigeria

Logistics eCommerce

EXCLUSIVE

Q2 2020: Jumia shares crash 40% as earnings reveal drop in losses and sales value

Jumia

EXCLUSIVE

YDS is an Abuja-based eCommerce startup taking stores like Miniso online

EXCLUSIVE

Flutterwave launches eCommerce platform for small businesses in Africa

EXCLUSIVE

What you need to know as Jumia expands to South Africa

Jumia e-commerce

EXCLUSIVE

German investment firm, Rocket Internet, sells off stake in Jumia

Jumia Market

EXCLUSIVE

Fact check: Sealed Jumia warehouse reopened, deliveries still ongoing

EXCLUSIVE

More COVID-19 precautions taken as Kenyan manufacturers launch online shopping portal

EXCLUSIVE

JumiaPay hits $135 million as losses continue to soar: Highlights from Jumia’s 2019 financial report

Jumia

EXCLUSIVE

Despite numerous exits, the African classifieds market still has every prospect of success

EXCLUSIVE

Building the ‘SF Express of Africa’: GIG Logistics is the African eCommerce giant you don’t hear about enough

EXCLUSIVE

Jumia becomes smaller as Jumia Travel is said to be taken over by Travelstart

Jumia Market

EXCLUSIVE

Why groceries could be the magnetic pull needed by the Nigerian e-commerce market

Groceries




















This thrift clothes vendor is gaming the Instagram algorithm to make over $2000 every month

Find out how this thrift clothes vendor is gaming Instagram’s algorithm to make over a million naira a month in this week’s #EverydayPeople article.

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What the current B2B rave could mean for Africa’s struggling eCommerce sector

B2B eCommerce startup, TradeDepot, has raised $110 million in a Series B round. @chigo_nwokoma explores what it means for Africa’s struggling eCommerce sector.

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Nigerian eCommerce platform, MallforAfrica, has shut down operations, possible rebranding could be imminent

Nigerian eCommerce platform, MallforAfrica, has shut down operations in Africa, and a possible rebranding could be on the way. Following a trail of customers complaining of lost funds and rumours of investor discontent, @eruskkii digs deep into the story of MallforAfrica’s hiatus.

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Jiji reportedly acquires Cars45 for an undisclosed amount

Seemingly moving away from its online classifieds model, Jiji acquires Cars45 with an eye on Africa’s transactional marketplaces. More acquisitions could follow.

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18 months into a new strategy, how close is Jumia to profitability?

In the first quarter of 2021, Jumia experienced mixed results of dwindling profits and plummeting revenue once again. Looking at the past 18 months, how well do its numbers show a path towards profitability?

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Jumia losses dropped by 34% in 2020, yet it witnessed slower growth

Africa focused eCommerce giant, Jumia, has announced its earnings for the final quarter and the full year 2020. Though losses continue to drop, there’s much slower growth compared to 2019. Find out more

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GIG Logistics wants to reduce delivery costs for merchants with new Class Plan

Nigerian logistics giant, GIG Logistics, has launched the GIGL Class Plan, a solution that wants to address the problems of delivery cost for eCommerce merchants within and outside Nigeria

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Inside the deep challenges of eCommerce and logistics in Nigeria

Despite the failures of the past few years, there appears to be renewed interest in Nigeria’s eCommerce and logistics industry. However, infrastructural and regulatory problems are still significant worries.

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Q2 2020: Jumia shares crash 40% as earnings reveal drop in losses and sales value

Jumia’s financial report for Q2 2020 reveals that the eCommerce giant saw the entire value of its sales drop during the pandemic. Despite this drop, the company saw its loss decline for a second consecutive quarter as it continues its search for profitability

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YDS is an Abuja-based eCommerce startup taking stores like Miniso online

Founded in 2017, YDS helps Nigerians easily access products from brands they love. Led by Surayyah Ahmad, the startup is bringing offline stores online so customers can pay for products in instalments without interest.

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Flutterwave launches eCommerce platform for small businesses in Africa

Nigerian fintech startup, Flutterwave has launched Flutterwave Store to bring more small businesses online. The platform will be available in 15 African countries including Ghana, Kenya, Nigeria and South Africa.

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What you need to know as Jumia expands to South Africa

After exiting a few countries towards the end of last year, and with its fashion line temporarily suspending deliveries due to the lockdown, Jumia expands its e-commerce operations to keep operations alive in South Africa.

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German investment firm, Rocket Internet, sells off stake in Jumia

Roughly a year after its IPO in 2019, Africa’s largest eCommerce platform, Jumia, looks set for another phase as its parent company, Rocket Internet, sells off its remaining shares in the firm.

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Fact check: Sealed Jumia warehouse reopened, deliveries still ongoing

The Lagos State Environmental Protection Agency recently announced sealing off a Jumia warehouse in Lagos, but insider sources reveal that it has since been unsealed and essential items are still being delivered.

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More COVID-19 precautions taken as Kenyan manufacturers launch online shopping portal

In the wake of the COVID-19 pandemic, the Kenyan Association of Manufacturers has launched an online shopping portal for locally manufactured goods and raw materials, in order to forestall disruptions in distribution.

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JumiaPay hits $135 million as losses continue to soar: Highlights from Jumia’s 2019 financial report

Africa’s largest eCommerce platform, Jumia, has announced its financial results for Q4 2019 and full year 2019, where it reported a loss of 61.1 million, accompanied by encouraging numbers on its e-payment platform

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Despite numerous exits, the African classifieds market still has every prospect of success

How recent activities by Jiji and insights from its co-founder/CEO point to the fact that there are still prospects for the classifieds space in Africa.

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Building the ‘SF Express of Africa’: GIG Logistics is the African eCommerce giant you don’t hear about enough

Unlike its media-savvy and VC-backed counterparts in Nigeria, GIG Logistics has maintained a relatively low profile in the online space. But it has a bigger impact on the eCommerce industry than you might imagine.

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Jumia becomes smaller as Jumia Travel is said to be taken over by Travelstart

Just a few weeks after closing its eCommerce businesses in Tanzania and Cameroon, and laying off staff in Kenya, Jumia will stop handling the operations of one of its subsidiaries, Jumia Travel.

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Why groceries could be the magnetic pull needed by the Nigerian e-commerce market

Having witnessed its struggles over the years, current trends and insights from industry players suggest a hands-on approach to the online sale of groceries could be the missing piece in the Nigerian e-commerce puzzle.

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