Category: e-commerce

WHO Africa hosts hackathons, offers seed funds to fight COVID-19

The World Health Organization in Africa is holding virtual hackathons and offering up to $20,000 in seed-funds to finalists with digital solutions to stem COVID-19. The regional office of the UN agency completed its first challenge earlier this month and will host a second, for French speaking Africa, in coming…

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Visa’s Africa strategy banks on startup partnerships

Visa has prioritized growth in Africa, and partnering with startups is central to its strategy. This became obvious in 2019 after the global financial services giant entered a series of collaborations on the continent, but Visa confirmed it in their 2020 Investor Day presentation. On the company’s annual call, participants…

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Modsy confirms layoffs, 10 months after announcing its $37M Series C

Modsy, an e-commerce company that creates 3D renderings of customized rooms, has confirmed to TechCrunch that it laid off a number of staff. In addition, several of its executives, including CEO Shanna Tellerman, will take a 25% pay cut. TechCrunch first heard about the layoffs from a source. The company’s…

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Africa Roundup: Africa’s tech ecosystem responds to COVID-19

In March, the virus gripping the world — COVID-19 — started to spread in Africa. In short order, actors across the continent’s tech ecosystem began to step up to stem the spread. Early in March Africa’s coronavirus cases by country were in the single digits, but by mid-month those numbers…

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Rebecca Minkoff has some advice for e-commerce companies right now

When Rebecca Minkoff first moved to New York City, the then-18-year-old was making $4.75 an hour. “I just kept working for this designer and someone was telling me what to do every day. I just didn’t like that. And I thought if I’m going to work as hard, it’s going…

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Target pauses plans for grocery pickup amid COVID-19 outbreak

Target is pausing its plans to offer curbside pick-up of groceries and alcoholic beverages, citing the COVID-19 outbreak as the key factor in its decision to delay the launch. Although groceries via Order Pickup and Drive Up would be valuable services at a time when people are being asked to…

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