Nautical Commerce sails away with new funding to bring marketplace tech to the masses –
E-commerce marketplaces are big businesses. It was estimated that some $3.2 trillion was spent globally on the top marketplaces in 2021, with those like Taobao, Tmall and Amazon accounting for...
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Venture studio Adanian Labs fuels startup growth in Africa –
In February 2020, as the world was shutting down, and as businesses downsized on account of the Covid pandemic, John Kamara was busy establishing another new startup Adanian Labs in...
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Byju’s cuts over 600 jobs, pushes back payments for $1 billion acquisition –
Byju’s, India’s most valuable startup, has eliminated over 600 jobs in recent days and pushed back on payments for a $1 billion acquisition it announced last year. The Bengaluru-headquartered startup,...
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Kukua, creators of “Super Sema,” raises $6 million, led by Alchimia and Tencent –
Kukua, a Nairobi- and London-based educational entertainment company and the creators of “Super Sema,” the first African animated superhero franchise, has raised $6 million in its latest round of investment....
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FCC Commissioner writes to Apple and Google about removing TikTok –
FCC Commissioner Brendan Carr wrote to Apple and Google on Tuesday, requesting the companies to remove TikTok from their app stores for “its pattern of surreptitious data practices.” This comes...
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