Tag: Business Africa

China Tech ETF Draws Record Inflows Despite Global Chip Market Selloff

Investors poured a record amount of capital into a leading China technology exchange-traded fund (ETF) despite a sharp global selloff in semiconductor stocks, underscoring...

Verizon and BT Form Joint Venture to Strengthen Global Connectivity for Multinational Businesses

Verizon Communications and BT Group have agreed to combine their international enterprise operations into a 50:50 joint venture, creating a new global connectivity business...

Amazon’s Quick Commerce Expansion Wipes $15 Billion Off Eternal and Swiggy’s Market Value

Shares of Indian quick commerce leaders Eternal and Swiggy suffered a combined market value loss of about $15 billion after Amazon unveiled an aggressive...

South Africa’s Takealot Turns First Full-Year Profit as Revenue Surpasses $1 Billion

South Africa’s leading e-commerce company, Takealot Group, has reported its first full-year adjusted operating profit, marking a major milestone in its 15-year history as...

Trustpilot Partners With Shopify to Bring Verified Reviews Directly to Online Stores

Trustpilot has partnered with Shopify to enable merchants to display and manage verified customer reviews directly within their online stores, a move aimed at...

Porsche Weighs Shifting Cayenne Production to Leipzig Amid Manufacturing Review

Porsche is considering relocating production of its iconic Cayenne sport utility vehicle to its Leipzig manufacturing plant as part of a broader review aimed...

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