Tag: Retail

Technode

JD.com in talks to acquire MediaMarkt parent company Ceconomy for $2.58 billion

JD.com is in advanced negotiations to acquire German electronics retailer Ceconomy for €2.2 billion ($2.58 billion), according to Bloomberg and Reuters. Ceconomy confirmed on Thursday that […]
July 25th, 2025
Technode

Ele.me exec Han Liu detained by police amid supply chain probe

Han Liu, former CEO and current head of logistics at Alibaba’s food delivery arm Ele.me, was recently taken by police from the company’s Shanghai office over […]
July 25th, 2025
TechCabal

South Africans can now buy Apple, Alphabet shares as digital tokens on Luno

From early August, Luno, a cryptocurrency and digital investment platform, will allow its users in South Africa to invest in tokenised stocks and exchange-traded funds (ETFs), […]
July 24th, 2025
Technode

China’s public security watchdog to ramp up scrutiny of assisted driving

Chinese EV companies and overseas retailers did well in an overall challenging year. Credit: 123RF A senior official from China’s Ministry of Public Security warned on […]
July 24th, 2025
Wamda

Journify doubles valuation after securing fresh investment

Press release: Journify, the UAE-based AI-powered data activation platform, is transforming how GCC brands leverage first-party data for measurable growth. With 5x revenue growth and a […]
July 23rd, 2025
Technode

How Chinese giants are integrating resources to win on-demand battle

Over the past few months, on-demand retail has reshaped China’s e-commerce landscape, intensifying competition among major retail players. Alibaba’s Taobao Instant Commerce has unlocked new growth […]
July 22nd, 2025
Wamda

Egypt’s Flend secures $3 million seed to expand digital SME financing

Press release: Egypt’s digital SME lending platform Flend has announced the successful closure of its $3 million seed funding round, a mix of equity and debt. […]
July 22nd, 2025
Wamda

FAB’s Lime app enters Egypt’s fintech scene with $9.4 million investment

Press release: Lime Consumer Finance, the largest platform for education financing in Egypt and a wholly owned entity of First Abu Dhabi Bank Group in the […]
July 21st, 2025
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