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Amazon to launch online shopping service in South Africa in 2024
Economic Times
·
1y ago
Medial
Amazon is reportedly planning to launch its online shopping service in South Africa in 2024. This expansion into the African market comes as part of Amazon's efforts to tap into the growing e-commerce sector on the continent. The move is expected to provide consumers in South Africa with a wider range of products and increase competition in the local retail industry.
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Amazon South Africa expands into groceries, pet food and health supplements
Economic Times
·
2m ago
Medial
Amazon has expanded its offerings in South Africa to include non-perishable groceries, pet food, and health supplements, aiming to become a one-stop shopping destination. Competing with Takealot.com, the current e-commerce leader, Amazon introduces popular international brands like Nestle and Starbucks, along with local favorites such as Beacon and Simba. This expansion marks a significant milestone, addressing top customer requests and receiving positive feedback, particularly for bulk buying and multipack savings.
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South Africa to offer Elon Musk Starlink deal before Donald Trump meet
Economic Times
·
3m ago
Medial
South Africa plans to offer Elon Musk a solution to bypass local Black-ownership laws to allow Starlink internet service operations, aiming to ease tensions with Musk and U.S. President Donald Trump. This move seeks to counter criticisms and promote international investment. Talks on Starlink's launch in South Africa previously stalled due to Musk and Trump opposing policies like BEE laws. The initiative aims to improve digital connectivity and attract favorable international relations.
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71% of Indian consumers intend to shop online this festive season: report
Economic Times
·
11m ago
Medial
According to a survey conducted by Ipsos Research for Amazon India, more Indian consumers are planning to shop online this festive season. 71% of respondents indicated their intention to shop online, while 89% expressed excitement about the festivities. The survey also revealed that nearly 50% of respondents planning to shop online will spend more this year compared to last year. Convenience was identified as a major driver, with factors such as remote shopping, speedy delivery, trust in online shopping events, and affordable payment options encouraging consumers to shop online. Amazon was identified as a preferred online shopping destination by 73% of respondents.
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Internet outage intensifies in West and Central Africa
Reuters
·
1y ago
Medial
Multiple subsea cable failures have caused a major internet disruption in West and Central Africa. The affected countries include Ivory Coast, Liberia, Benin, Ghana, and Burkina Faso. The exact cause of the cable failures is still unknown. Telecoms operator Vodacom has also experienced connectivity issues in South Africa due to undersea cable failures. Cloudflare's monitoring service indicates a pattern in the timing of the disruptions, impacting countries from the north to the south of Africa.
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Amazon Fashion’s Next Gen Store logs 3X growth in Gen Z shoppers
Economic Times
·
5m ago
Medial
Amazon Fashion's Next Gen Store, targeting Gen Z, has seen 3x growth in Gen Z shoppers and a 4x increase from tier-II cities. It offers over two million products from 340+ brands. With more than 60 million Gen Z individuals shopping online, there's a growing opportunity for brands. The store's success highlights the digital shift in fashion accessibility. Amazon also expanded its 10-minute delivery service, Amazon Now, as part of its scale-up strategy.
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Amazon’s new ‘Shark Tank’-style show gives winners top billing in its store
Livemint
·
11m ago
Medial
Amazon is set to launch a new competition show where sellers will pitch their products to a studio audience and a panel of judges, including Amazon executives and celebrities. The finalists will have their products sold in a dedicated online store and the winner of each episode will earn $20,000. This show is part of Amazon's strategy to combine content and commerce to encourage viewers to shop through Internet-enabled televisions. The goal is to attract younger audiences, who are already engaged in shopping through platforms like TikTok.
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Adenia Partners ropes in three LPs to acquire South Africa’s The Courier Guy
VCCircle
·
1y ago
Medial
Mauritius-based private equity firm Adenia Partners has acquired South African e-commerce logistics company The Courier Guy, in collaboration with three co-investors. This move marks Adenia's second transaction from its latest investment vehicle. The firm, which targets mid-sized businesses across Africa, has purchased a 100% stake in the Cape Town-based courier services provider. The Courier Guy offers a range of logistics services for e-commerce businesses in South Africa and is known for its efficient delivery network and customer service.
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Snapchat users will now be able to order directly from Amazon
Livemint
·
1y ago
Medial
Snapchat users will soon be able to shop directly from Amazon within the app, thanks to a new partnership between the two companies. This move aims to help Amazon boost its online shopping business while allowing Snapchat to compete with platforms like TikTok. Users will see real-time pricing, product details, Prime eligibility, and delivery estimates for select Amazon products on Snapchat. This collaboration is expected to revive Snap's advertising business and cater to the impulse-driven shopping experience found on social media.
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Amazon launches 'Buy for Me' feature to help customers shop from other brands
Economic Times
·
4m ago
Medial
Amazon has introduced the "Buy for Me" feature, allowing a select group of U.S. Amazon Shopping app users to buy products from other brands that aren't available on Amazon. Initially available for a limited number of brands, this feature will expand based on customer feedback. Amazon's current extensive product range spans various categories and implements AI-driven tools like "Interests" to enhance shopping experiences. The launch aligns with growing e-commerce market competition and potential marketplace expansions.
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Amazon veteran Samir Kumar to replace Manish Tiwary as India head
Economic Times
·
11m ago
Medial
Samir Kumar, an Amazon veteran, has been appointed as the new country manager for India, replacing Manish Tiwary. Kumar, who joined Amazon in 1999, will also continue to lead the company's consumer businesses in the Middle East, South Africa, and Turkey. This leadership change comes ahead of the crucial e-commerce festive season in India, where Amazon will compete with its rival Flipkart. Additionally, Amazon is yet to enter the quick commerce sector in India, but has plans to do so by the first quarter of 2025.
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