Author: PageOne

Movile Raises USD40 Million From Naspers
Tech

Movile Raises USD40 Million From Naspers

Movile, Latin America’s leading mobile commerce platform, announced today it has raised USD40 million in Series F funding from Naspers through its Naspers Ventures division. Naspers, is Movile’s strategic partner and majority shareholder of Movile since 2008, led the round with participation from Innova Capital, an investment fund focused on […]

Maryland Mall Opens Today
Big Business

Maryland Mall Opens Today

After about three years of continuous construction and hardwork, Maryland Mall is opening for trading today. The mall is owned by Purple Capital Ltd with equity investment from AXA Mansard Investments. The mall already boast of flagship shopping brands such as Shoprite with its Usave model. Genesis Cinemas (formerly Genesis […]

Who Is Going To Take on Jumia?
Tech Uncategorized

Who Is Going To Take on Jumia?

Last week, Jumia said it has swallowed all former companies belonging to its parent company, Africa Internet Group AIG. The plan seeks to make Jumia a one stop shop for everything eCommerce was activated last week. According to a newsletter sent to its customers, Jumia said “Jumia Market (previously Kaymu), Jumia […]