Food service, Retail, E-commerce
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Massmart reports 7.7% decline is full year sales despite slight improvement in fourth quarter
SOUTH AFRICA – Massmart, Walmart owned South African retailer has reported that its group sales for the 52 weeks ended December 27 fell 7.7% to…
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Jumia extends food delivery service to five more states in Nigeria
NIGERIA – Leading e-commerce platform in Africa, Jumia has launched its food delivery service Jumia Food to five additional states in Nigeria as part of…
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Online meal delivery service Deliveroo achieves US$7B valuation following successful series H funding round
UK – British online meal delivery service Deliveroo has achieved a US$7 billion+ valuation following a successful series H funding that saw the company raise…
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Reliance to integrate e-commerce app JioMart with WhatsApp to simplify order placement
INDIA – Mukesh Ambani’s Reliance Industries is planning to embed its ecommerce app JioMart into WhatsApp to allow users to order products without having to…
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Naivas takes over space left by financially struggling Tuskys supermarket to open 70th Branch
KENYA – Naivas Supermarket, Kenya’s largest locally owned retail store is continuing with its expansion spree with the chain store seeking to open a new…