E-commerce giant Amazon has set its sights on the South African market, but it faces a number of challenges in establishing itself. This article explores the various hurdles Amazon must overcome in order to gain a foothold in the competitive…
Parker Raises Funding: A NYC-based provider, Parker, has raised $20M in Series B funding. The round was led by Valar Ventures with participation from Y Combinator. The company intends to use the new capital to consolidate its market presence. Parker…
TLcom Africa, an African-focused Venture Capital, has raised $154 million to support and invest in African Startups. The company recently concluded its fundraising for its second fund, Tide Africa Fund II. The fundraising event positioned TLcom as Africa’s largest investor…
Samsung Galaxy Z Fold6 Flip6 AI: Samsung Electronics has unveiled its all-new Galaxy Z Fold6 and Galaxy Z Flip6, along with Galaxy Buds3 and Galaxy Buds3 Pro at Galaxy Unpacked in Paris. The new gadgets reveal the company’s commitment to…
Uber’s Global Electric Car Expansion: Uber Technologies, Inc. and BYD Co. Ltd. have entered a partnership to bring 100,000 new electric vehicles (EVs) onto Uber’s platform globally, except in Africa. This multi-year collaboration initially targets Europe and Latin America, with…
IHS Towers ($IHS) has terminated over 100 employees’ contracts as currency devaluation ravages Nigeria’s economy. Note that Nigeria is IHS’s biggest market. IHS Towers Affected By Nigerian Naira and Others According to information obtained by TechCabal, the layoffs mostly affected…
Amazon South Africa potential: Recently, the e-commerce giant, Amazon, set its sights on the South African market. This development has sparked curiosity in the hearts of many and has generated a buzz. However, the retail giant has decided to take…
Spotify, a popular music streaming app, has dived into new waters. The music app has moved from serving its users only music to launching e-learning on its platform. This is designed to increase engagement from its 600+ users and create…
Shoplifting is a major problem for retailers in South Africa, resulting in significant financial losses. However, a new weapon is emerging in the fight against shoplifting: artificial intelligence (AI). AI-powered systems are being deployed by retailers across South Africa to…
MultiChoice’s independent board termed France’s Canal+ bid for the shares it does not own in South Africa’s MultiChoice as “fair and reasonable”. Canal+, which is a part of the French media group Vivendi, made a firm offer of 125 rand…
