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Over a month since its eagerly awaited debut, Amazon’s foray into South Africa’s e-commerce landscape has stirred curiosity rather than causing a major shake-up. The introduction of this retail behemoth initially created substantial excitement, but early indications show a more deliberate, cautious rollout. This gradual and methodical entry contrasts with the anticipated rapid expansion. Instead, […]
Amazon Prime Video is reportedly reducing its operations in Africa and the Middle East, as detailed in a Deadline report. This strategic shift will lead to a decreased focus on these regions, impacting local teams. As part of this realignment, Prime Video will discontinue commissioning original content specifically for the African and Middle Eastern markets. […]
The African e-commerce giant Jumia said its Amazon-style subscription-based delivery service, Jumia Prime, has been on hold indefinitely. Jumia Prime, which debuted in 2019 as a user acquisition tactic, was a subscription-based delivery service that offered free shipping on the e-commerce marketplace. Even though the company had more than 3.1 million active customers on the […]
According to a report by Business Insider, the multinational e-commerce and technology corporation Amazon intends to extend its operations to many African nations beginning in 2023, including South Africa and Nigeria. The large online retailer wants to enter five more markets shortly, and documents that have been leaked show Belgium, Chile, and Colombia would […]
TechInAfrica — Jumia, an African e-commerce operator, experienced a decline in stock price below its IPO price. It hit a trading low of $7.56 per share on the New York Stock Exchange on Thursday, September 26. It closed the trading day down to $7.93 or a market capitalization of $614.9 million. The opening price on […]
How Zimbabwe’s 15% digital services tax, new data rules and AI roadmap will affect tech firms, investors and compliance costs.
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Showmax dominates the market with an extensive collection of local content, strategic partnerships with Comcast and HBO, and exclusive rights to major football leagues worldwide. Showmax has surpassed Netflix to emerge as the leading streaming platform in Africa, as Amazon’s Prime Video scales back its presence in the region. The South African company’s success stems […]
According to a new report by Omdia Research, Showmax has become Africa’s largest streaming platform, surpassing Netflix in market share. As of November 2022, Showmax claimed 39% of the African market compared to Netflix’s 33.5%. This aligns with MultiChoice’s November announcement of Showmax 2.0, containing premium entertainment and Premier League bundles. The upgrades have likely […]
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