Commerce

How Techstars, Meta helped profitable LatAm startup Mercately raise a $2.6M seed

In Latin American countries like Brazil and Chile, messaging platform WhatsApp has become one of the most popular apps to buy things online....

African B2B e-commerce startups Wasoko and MaxAB complete merger: Interview with co-CEO Daniel Yu

Two of Africa’s largest B2B e-commerce platforms, Wasoko and MaxAB, have finally completed the continent’s much-talked-about merger, TechCrunch has learned. The all-stock transaction,...

Tingit is building a marketplace for ‘zero-effort’ repairs, starting with fashion

Do you have a much-loved jacket with a torn sleeve or pair of grubby kicks gathering dust at the back of your closet?...

India’s trade minister decries e-commerce growth, Amazon’s ‘predatory’ pricing

India’s commerce minister Piyush Goyal on Wednesday expressed concern over the rapid growth of e-commerce in the country, warning of potential disruption to...

Pakistan’s PostEx to enter new markets, starting with Saudi Arabia

Pakistani startup PostEx, offering financial and logistics services to online merchants, is set to enter new markets, beginning with Saudi Arabia this year,...

Keychain aims to unlock a new approach to manufacturing consumer goods

Most consumer brands have become “completely disassociated” from the manufacturers who actually create their products, says Keychain CEO Oisin Hanrahan. “They don’t own anything...

African e-commerce company Jumia completes sale of secondary shares at $99.6M

Almost two weeks ago, TechCrunch reported that African e-commerce giant Jumia was planning to sell 20 million American depositary shares (ADSs) and raise...

Redfin CEO promises to ‘drink our own urine’ if mortgage rates don’t fall

He really said that: When asked about the company’s “Plan B” if mortgage rates don’t fall, Redfin CEO Glenn Kelman responded, “Plan B...

Amazon is fumbling in India

About two years ago, a VC firm was evaluating an investment in a quick-commerce startup in India. The company’s instant delivery model was...

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