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Rocket Internet backed online retailer Jumia has announced a new round of investments of $150 million (EUR 120 million), led-by existing investors, thus valuing the company post-money $ 554 million. Jumia is preset in one European and nine African countries. The new funding will be put to use for ramping up Jumia’s operations in more […]
27 Nov 2014
The population of over 160 million and growing internet penetration makes Nigeria a fertile ground for e-commerce market. Konga.com, Nigeria’s online retailer, launched in July 2012 is gradually becoming an online retailer platform that trades on virtually all products. The two-years-old e-commerce platform celebrated its anniversary last week. If you recall, YourStory had reported the […]
14 Jul 2014