Uber Technologies is in talks to sell its Uber Eats operations in India to rival Swiggy, less than two years after it entered the country’s competitive food-delivery business, according to a person familiar with the negotiations.
Browsing: Retail and e-commerce
Amazon reported a rise in revenue and profits for the last quarter, as the tech giant published its latest set of financial results.
Naspers said on Friday that it is investing almost $1.2-billion (about R16-billion) to buy an additional 29.1% stake in Russian classifieds business Avito.
The Competition Tribunal has issued a R20-million “administrative penalty” against Computicket for abusing its dominance between mid-2005 and 2010. It has 60 business days to pay the fine.
Amazon.com reported a record-breaking holiday season as shoppers loaded their online baskets with items from Echo speakers to Calvin Klein clothes.
Just days after announcing it will lead a $540-million funding round in Indian online education start-up BYJU’s, Naspers said on Thursday that it will invest $660-million in Swiggy, India’s largest food delivery platform.
The island nation of Mauritius comes tops in Africa when it comes to readiness for online shopping, though the continent lags far behind the rest of the world, according to new research.
Uber rival Taxify said on Tuesday that it has expanded its South African operations to include the coastal towns of Plettenberg Bay, George, Knysna and Mossel Bay.
Each year, millions of people are left frustrated when their favourite e-commerce websites let them down. Yet there is no way for retailers to completely prevent system failures.
In what is being billed as part of the largest technology venture funding ever in Latin America, Naspers and Innova Capital have agreed to invest $400-million food delivery platform iFood.