Latest in Tag: e-commerce Highlight
Latest in Tag: e-commerce
Enterprise e-commerce startup el-dokan closes $550k pre-seed round
Launched in late 2020 based in Egypt, el-dokan primarily targets large retailers and chain stores seeking to expand their e-commerce market share, increase sales and operation automation.
MSMEDA, e-commerce platforms to market the products of youths
In cooperation between MSMEDA, Amazon Egypt, and Jumia
MNT-Halan acquires integrated FMCG e-commerce platform Talabeyah
According to a press statement, MNT-Halan’s acquisition will disrupt the current multi-layered and fragmented FMCG supply chain model and empower small merchants.
Raqamyat for payments and e-commerce begins its work in Egypt
The company aims to build a strong electronic payments community in the Middle East and Africa and creating new job opportunities by launching several e-commerce projects.
Opinion| EMV 3-D Secure: Next-gen online shopping experience for merchants and customers
55% of e-consumers said they have stopped using website because log-in process was too complex
Two guidelines issued for tax treatment of e-commerce practitioners, content creators: ETA
Egyptian tax laws does not distinguish between traditional, e-commerce: Abdel Kader
Dubai-based Zbooni for e-commerce starts operation in Cairo
The fast-growing startup, backed by international and regional strategic investors, intends to participate in supporting the Egyptian economy related to digital commerce by providing solutions to about 3.5 million SMEs across the country.
Contact Financial plans to invest $9m in Wasla e-commerce super-app
With the tie-up, Contact will support Wasla’s product rollout and regional expansion with a series of investments totalling up to $9m, aiming to realise Wasla’s mission to enable e-commerce, payments, and credit for large audiences in emerging markets.
E-commerce sector in Egypt predicted to increase 30% by 2022-end
Global e-shopping platforms study investing in Egyptian food sector
Sprint for e-commerce logistics processes 1 million shipments since 2019
The company provides technology-enabled solutions that help e-commerce merchants and retailers enjoy high value, end to end logistics services backed by AI. The remarkable growth of the e-commerce market and the company’s innovative business model were the main drivers for this success.
NBE conducts 60% of e-commerce transactions in Egypt: Bank official
It came on the sidelines of the launching conference of JumiaPay application as a provider of e-payment services.
Egypt’s e-commerce merchants, online content creators asked to register for income tax ASAP
Abdel Qader said that the ETA allocated hotline 16395 to receive inquiries related to taxation of e-commerce and online content creation activities.
Egypt’s e-commerce transactions amount to EGP 80bn in 2021: EJB
Makhlouf told Daily News Egypt that electronics top the revenues of e-commerce in Egypt with a percentage of 28%, followed by fashion (21%), food and personal care (19%), toys, hobby & DIY (19%), and furniture and appliances (12%).
Edge Innovation Center organizes seminar on digital transformation, e-commerce
Meeting aims to present recommendations for accelerating digital transformation process
Finance Minister calls on small enterprises to register in e-commerce unit at Tax Authority
Mohamed Maait, Minister of Finance, urged owners of small and micro enterprises who engage in e-commerce activity to take the initiative to register in the e-commerce unit at the Egyptian Tax Authority, in order to benefit from the new tax incentives stipulated in the Micro, Small, and Medium Enterprise Development Law. In a statement on …
MENA is second fastest growing market of e-commerce in world: Visa Regional President
Visa reports significant increase both in e-commerce, contact payments in Egypt
E-commerce platform Capiter aims to generate $1bn in revenues by 2023
Capiter, the e-commerce platform specialising in the field of fast-moving consumer goods (FMCG) and foodstuffs, has announced that it aims to achieve revenues of $1bn by 2023. The target comes as part of the company’s ambitious plan to multiply the volume of its business tenfold, after achieving fruitful results during 2020 despite the novel coronavirus …
Consumer appetite for local products, e-commerce platforms grows amid COVID-19: Study
Consumers prefer e-commerce because of its competitive prices, home delivery services
Zyda expands into Egypt offering restaurants e-commerce solutions
Businesses pay zero commissions on their sales, which is great competitive edge, says Hamad Al-Judai
Businesses pivot to grow revenues, overcome COVID-19 pandemic
The novel coronavirus (COVID-19) pandemic has confused the accounts and plans of many companies, due to the negative effects of the precautionary measures put in place to combat the pandemic, including social distancing.
E-commerce market in Egypt estimated at EGP 40bn: Official
Ibrahim Ashmawy, Head of the Internal Trade Development Authority, said that coronavirus contributed to the growth of e-commerce
Source Beauty lands six-figure seed round led by Geneva-based ACE & Company
Beauty e-commerce platform will use funds to support further growth in Egyptian market
E-commerce, digital payments set for major growth in 2021 across MENAP region
The report draws insights from a regional survey, which polled more than 5,000 consumers in September 2020 in the UAE, Saudi Arabia, Egypt, Jordan, Qatar, Kuwait, Bahrain, and Pakistan.
E-commerce companies compete for sales on Black Friday
The payment facilities are being offered to customers in cooperation with some banks and consumer finance companies.
E-commerce platforms in Egypt launch ‘Back to School’ offers, discounts
Discounted products include stationery and electronic devices
B2B e-commerce Fatura aims to deploy technology in local trading
Fatura plans to gather 30,000 wholesalers from 15 governorates in its network within two years: Founder Hossam Ali
Africa needs to boost internet penetration as COVID-19 disrupts trade: UNECA
Kenya, Mauritius, Namibia and South Africa are only countries where share of internet shoppers tops 8%, the trend is below 5% in most other African countries
Government study projects 50% growth in e-commerce amid COVID-19
Study also calls for enactment of legal, customs, and tax legislation to regulate financial transactions in e-commerce systems
E-commerce platform launched to market women-made products: Communications Minister
The minister said that throughout history, Egyptian women have played a key role in society.
Payfort, valU partner to provide payment options for e-commerce stores
PayFort’s seamless integration with merchant sites allows customers to checkout with just two clicks. To date, this simple process has helped merchants in the region