In advance of Jumia’s November financial reporting, it’s worth revisiting the company’s second-quarter results, the downside of which included some negative news beyond losses. The Africa focused e-commerce company — with online verticals in 14 … Read more
Porsche will begin selling its vehicles online in the U.S. for the first time, the company announced on Monday. To begin with, the company is proceeding with a pilot program that will be offered with … Read more
Kenya’s Twiga Foods has raised a total of $30 million from lenders and investors led by Goldman Sachs. The B2B food distribution company financed $6.25 million of the funding in convertible debt and $23.75 million … Read more
Welcome back to TechCrunch’s China roundup, a digest of the latest events that happened at major Chinese tech companies and what they mean to tech founders and executives around the world. Alibaba’s nemesis Alibaba’s new … Read more
Natalie Massenet, the fashion entrepreneur who founded the designer fashion portal Net-a-Porter, chaired the British Fashion Council for four years and today runs Imaginary Ventures, a venture firm that’s focused on consumer startups, took the … Read more
Congress grilled Facebook’s CEO today, unleashing critiques of his approach to cryptocurrency, privacy, encryption, and running a giant corporation. Mark Zuckerberg tried to assuage their fears while stoking concerns that if Facebook doesn’t build Libra, … Read more
Amazon Counter, the online retailer’s in-store pickup option that launched this summer at 100 Rite Aid locations in the U.S., is now expanding. The company announced today the service will reach thousands more locations with … Read more
The Snap-back continues. Snapchat blew past earnings expectations for a big beat in Q3, as it added 7 million daily active users this quarter to hit 210 million, up 13% year-over-year. Snap also beat on … Read more
More than two years after Julie Bornstein — Stitch Fix’s former chief operating officer — mysteriously left the subscription-based personal styling service only months before its initial public offering, she’s taking the wraps off her … Read more
Global retail e-commerce is expected to be a $25 trillion business this year, and today one of the companies that has built a set of tools to help larger enterprises to sell to consumers online … Read more
