Africa offers enormous growth potential for e-retailers given that online shopping is in its infancy in the region. This is according to Sumesh Rahavendra, head of marketing for DHL Express Sub Saharan Africa, who says the recently released ‘Shop the World!’ report reveals that emerging markets offer the highest growth potential for the eCommerce industry.
goSwiff, the leading innovator in mobile commerce and marketing services, launched its integrated mCommerce platform of payment solutions. The platform helps businesses to increase and streamline their mobile and online transactions. At its core, goSwiff mCommerce Platform is designed to maximise revenue and customer loyalty via the increasing number of channels through which customers make purchases. The platform offers the
Social marketplace Mobofree has announced plans to have local presence in Lagos, Nigeria. Out of the platform’s 3 million users, 2.2 million are in Nigeria. Having a local presence in Nigeria according to Cristobal Alonso, Co-founder and Chairman of the board of MoboFree, would enable MoboFree to offer its users on-ground support services. “We are
The Bitcoin Foundation’s Financial Standards Working Group is underway with chairperson Beth Moses, an aerospace engineer, formerly with NASA and now with Virgin Galactic, at the helm. The group’s priorities for 2014 Q4 and 2015 Q1 will focus on applying for ISO 4217 approval for a Bitcoin currency code as well as drawing up recommendations
Kalahari.com and takealot.com, two of the leading general etailers in South Africa, have announced that they are merging their operations. The move was driven by the fact that, without scale, SA etailers simply can’t compete successfully against the local brick and mortar retailers and foreign companies such as Amazon and Alibaba. “After many years of
eBay Inc. said its Board of Directors, following a strategic review of the company’s growth strategies and structure, has approved a plan to separate the company’s eBay and PayPal businesses into independent publicly traded companies in 2015, subject to customary conditions. Creating two standalone businesses best positions eBay and PayPal to capitalize on their respective
Digital River, Inc., a leading global provider of Commerce-as-a-Service solutions,announced it was nominated by FStech and Retail Systems for two 2014 Payments Awards – Compliance Project of the Year and Online Technology Provider of the Year. The FStech and Retail Systems Payments Awards recognise companies, individuals and organisations that have implemented outstanding payments initiatives or
Kalahari.com has been named South Africa’s favourite ecommerce website by uAfrica at the eCommerce Awards held at the eCommerce Conference 2014. Yuppiechef.com won the award for Best eCommerce Store and Zando won in the best shopping process and customer service categories. Bidorbuy emerged winner in the eCommerce Services Platform category, and Poetry won the award
E-commerce in Africa is set to receive a boost as United Bank for Africa (UBA) Plc has introduced an online payments and collections platform tagged U-bills. The online payment platform has been enabled in all the 19 countries where UBA has operations. U-bills, is a collection and bill payments platform that allows sellers to collect
IBM and Monitise recently announced a global digital commerce and resourcing alliance. Combining the best of both companies’ mobile banking, payments and commerce technology, this alliance brings IBM sales and specialist resources to clients around the world with the full spectrum of advice, solution design and delivery of Monitise’s Mobile Money services. Building on Monitise’s
