Concerned merchants increase fraud budgets and grow fraud teams Increased automation is crucial and will ultimately help merchants save more and improve efficiency New solutions are desperately needed as businesses struggle to address spiralling fraud Most still using expensive and unsustainable in-house solutions Merchants will lose more than £39 million to fraud in 2023 Businesses […]
Tag Archives: e-commerce
Business, Main
New AppsFlyer Report Reveals eCommerce App Industry’s Resilience as Marketing Spend for Attracting New Shoppers to Apps Approaches $5 Billion
Despite 25% plunge in spending in 2022 amid economic downturn, AppsFlyer’s 2023 State of eCommerce report showcases some positive retail global trends in a shifting economic landscape
Business, South Africa News
Shopping for sustainability: online stores and e-commerce merchants answer growing consumer demand
While 92% of South Africans say sustainability is important to them, only 58% claim to live sustainably according to a 2022 study by global consumer insights agency InSites Consulting. It’s clear South Africans want to make a change; they just don’t know where to start. That’s where online retailers and e-commerce merchants come in, says Steffen Burrows, CURBON co-founder and director. The […]
By Sue Azari – E-Commerce Lead at AppsFlyer It is no secret that over the past few years the e-commerce industry has been constantly and rapidly evolving, with COVID-19 playing a significant role. Many retailers have experienced highs as a result of the pandemic, with consumers taking advantage of the convenience of shopping for pretty […]
The new event facilitates strategic African trade opportunities With the number of African e-commerce users expected to exceed half a billion over the next three years, there is an increasingly urgent need for sophisticated logistics systems to strengthen and support the continent’s expanding transport infrastructure. The pandemic served as a catalyst for the advancement of […]
African News
Retailers Can Drive Commerce Experiences Via Mobile Messaging, New Clickatell Research Shows
Clickatell (www.Clickatell.com), the Chat Commerce and business messaging leader, announced the results of its latest Chat Commerce Trends Report: Retail Edition, which reveals new findings about how today’s consumers prefer to communicate and make purchases with retail companies through mobile and chat messaging conversations. The report, which fielded responses from over 1,000 participants, found that 95% of […]
In the space of a single year, targeted social media advertising has helped South Africa’s estate agents notch up hundreds of millions of Rands in residential sales – with numbers set to increase tenfold in the next few years. This social media boom has changed the way the South African property industry finds leads and […]
Leading Ivorian e-commerce company closes oversubscribed round to scale its mobile product suite across multiple retail channels 11 January, 2022. Abidjan, Côte D’Ivoire – Afrikrea, the e-commerce platform for “all things made of Africa”, has announced the successful completion of a US$6.2M pre-Series A round led by Investisseurs & Partenaires and the rebrand to “ANKA”, […]
Africa’s first digital in-store lay-by app is aiming to create financial inclusion throughout the continent – starting in South Africa. Local fintech startup LayUp is taking the lay-by process into the 21st century – for merchants and consumers – with a mobile app and rollout of a terminal app via payment & merchant solutions provider […]
Jiji, one of the most popular e-commerce sites in Kenya and the largest online classifieds in Kenya, has scooped the Mobile App of the Year, Shopping and E-commerce category. The award was presented to Jiji Kenya during the Mobile App and Summit Awards, 2021, which was held at the PrideInn, Westlands, on Friday, 10th December […]
By Jana Botha, Tax Consultant, and Prenisha Govender, Associate, Tax Practice, Baker McKenzie Johannesburg The pandemic-fuelled growth of the digital economy and unabated demand for online retail products across Africa have led to extensive disruption in the Consumer Goods and Retail Sector (CG&R) sector. Due to a growth in demand for online retail, CG&R companies […]
Consumers head online for niche products, better service, and quick delivery South African consumers are heading online in greater numbers as the e-commerce shopping experience increasingly offers more choice and convenience than can be found at traditional big-brand, brick-and-mortar retailers, says Mike Farquharson, Managing Director of online courier aggregator Rush. Statista market and consumer data […]
Africa’s e-commerce market could grow by more than $14.5 billion between 2025-2030 according to an IFC report published today. The report finds this can be achieved by increasing the number of women selling on online platforms and by providing them with better training and financial support to help them match sales made by men. The […]
As many parts of the world deal with the Third Wave of Covid-19 infections, there are growing concerns that South Africa may face harsher lockdown measures in the future as the country ramps up its vaccine roll out program. This will have a telling impact on society and will only accelerate the reliance on ecommerce […]
Business, Republic of Côte d'Ivoire (Ivory Coast)
Afrikrea Launches ANKA to Power Global African E-Commerce
Ivorian company partners with DHL and Visa and builds SaaS Platform for omnichannel global selling for African micro retailers Afrikrea, the e-commerce platform for “all things made of Africa”, is launching ANKA – an all-in one SaaS solution to provide a seamless ecommerce, payments and global shipping online service for thousands of micro retailers and […]
Consumers are embracing the e-commerce experience in growing numbers and corporate South Africa is taking serious notice, according to Geoff Hardy, Head of Digital, Immersion Group, a global team of experience design experts. Across the globe online sales have surged, while locally online transactions on Black Friday alone grew by more than 60%, and a recent […]
There has been a permanent change in the way that people shop and, in turn, the way that businesses need to operate. In the absence of brick-and-mortar stores being open during the lockdown, as well as a general fear of crowded malls when things were able to re-open, South Africa’s ecommerce sector exploded. According to […]
It is quite phenomenal how in recent years, both ecommerce players and retailers have used Black Friday to sweep thrifty shoppers off their feet. So much that the shopping event is no longer restricted to a single-day shopping spree but has rather taken over the entire month to become Black November. If you drove around […]
By Josephine Wawira The rise and growth of e-commerce in the world and primarily in Africa has created a lot of business opportunities, not only in urban but also in rural areas. The good news is that there is undoubtedly increased connectivity, reaching even the previously inaccessible remote villages across the continent and connecting them […]
by Johan Burger The NTU-SBF Centre for African Studies publishes a weekly newsletter on issues relevant to Africa. This paper is based on issues addressed in the newsletter. The growth and continuation of e-commerce in Africa has received various boosts during 2018. Africa’s leading online shopping platform, Jumia, reported in 2018 it wanted to make […]
Online marketplaces such as Jumia, Souq, Uber, and Travelstart could create around 3 million new jobs by 2025 across Africa. These digital platforms, which match buyers and providers of goods and services, could also raise incomes and boost inclusive economic growth with minimal disruption to existing businesses and workforce norms. These are among the findings […]
Undeniably, digital transformation continues to dramatically change the way we live and do business – almost daily it seems. Globally, the retail industry is one of the top industries in which we are seeing massive strides and changes when it comes to the adoption of technology, the evolving customer journey, and innovation in terms of […]
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