Rocket Internet-Backed Jumia Raises $150M For Its African E-Commerce Business

Rocket Internet-Backed Jumia Raises $150M For Its African E-Commerce Business

Rocket Internet-backed Jumia is in the money today, after the Africa-based e-commerce company announced it has raised €120 million ($150 million) in new funding. The company confirmed that the round values it at €445 million ($555 million). Jumia sells a range of products, from clothes, to electronics, Continue reading

SA slow to adopt online shopping, with logistics a problem

Logistics in SA

In South Africa, buying food and beverages as well as clothes online continues to lag behind global norms, an Ernst & Young (EY) survey revealed yesterday, 22 July 2014. © cienpiesnf – Fotolia.com Though online activity is rising in SA, Continue reading

Shopping Online Can Save You Money

Shop Online Cheaper

Did you know that shopping online can not only save you time but money too? More and more South Africans are discovering the benefits of purchasing goods on the web. Statistics published by Mastercard revealed that South Africans spent R3,3bn Continue reading

NEW PAPERLESS TICKETING SYSTEM ENHANCES SA TOURISM AND EVENTS

Ticketing System

An innovative and user-friendly paperless ticketing system has been introduced for the first time in South Africa.  Concert- and theatre-goers, tourists and music fans can now purchase their tickets to various festivals, events and tourist sites online or via their Continue reading

5 Top South African online retail trends for 2014

Webtickets and online retail trends for 2014

Online retailing has grown significantly in the last few years and increased online transactions are proving that South African consumers are feeling more and more comfortable translating their previously traditional purchasing habits to the more interactive and fast-paced online environment. Continue reading

7 Reasons Why E-Commerce is Growing in Africa

In early 2013, the Boston Consulting Group published ‘Ten Things to Know About African Consumers’. Seven out of ten of these continent-wide trends are likely to boost online retail growth and B2C e-commerce in Africa. I’ve listed the brief below. Continue reading

Online Shopping Stores SA

The best online shopping stores: When it comes to tech startups, ecommerce is at once an easy and tricky space to play in. It’s easy, because to get going all you really need is something to sell, a good design Continue reading