On Friday, 5 July 2019, PayU announced the acquisition of a majority stake in Red Dot Payment (RDP) — an online payment solutions provider in Southeast Asia. With this, PayU expands into the Southeast Asia region, bringing the total amount deployed in fintech investments and M&A to just over...
In developing markets around the world, it is the informal economies that serve as the quietly humming engines of growth. By way of example, the informal economy accounts for over 70% of total employment in sub-Saharan Africa – an economy that includes street vendors, traders in open-air markets, subsistence...
If you want to shop for an electronic gadget online then you are probably wondering how to get the best deal. Shopping online is cool but it also has its shortcomings. You can lose cash buying the wrong gadget, or you might even get a faulty one that might...
Payflex has launched its buy now pay later online retail service to South Africa. The company - which has seen extraordinary popularity in Australia, the USA and Europe - lets users shop online and pay later, interest-free over six weeks. “Traditionally paying via instalments in South Africa has been associated...
On 12 August 2019, Meesho, an Indian online marketplace, announced the closing of a $125 million fundraiser led by Naspers,  multi-national media and internet group headquartered in South Africa. The fundraiser was aided by Facebook and existing investors such as SAIF Sequoia, RPS, Venture Highway and Shunwei Capital. In...
Predictive Insights has signed on as a bronze sponsor for the Digital Retail Forum 2020 that is slated to take place on the 29th January 2020, at Emperors Palace, Johannesburg. Predictive Insights, a product development studio that uses AI and machine learning to improve their clients’ products, services and...
According to the latest Ericsson ConsumerLab report, “Wearable technology and the internet of things”, it has been revealed that six in 10 smartphone users state that wearables have uses beyond health and wellness. Devices related to personal safety and security, such as panic buttons and personal locators, attract most...
Informal retailers, or spaza shops, in South Africa represent a significant portion of the market, and there is a great need for social products in low-income communities. But their buying and distribution costs are high. As a result, customers are penalised by the ‘poverty premium’: products sold at spaza...
As vital as the placement of screens and creation of dynamic content are in the effectiveness and success of in-store digital signage, technology is still the main driver in this industry. Retailers and marketing professionals need to ensure that they’re are informed on the new practical technologies on offer...
Renowned for its approach to e-commerce, Konga.com has been noted as one of Nigeria’s most prevalent and prospering online retail stores. Launched in July 2012, their mission is to become the engine of commerce and trade in Africa and supporting this mission is an advanced technology infrastructure. Konga.com is headquartered in...
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