In Q3 2023, Jumia reported an adjusted EBITDA loss of $15 million, marking the lowest since its IPO in 2019 (outperforming the $27 million recorded in Q1 and $19.3 million in Q2) and a substantial ...

Nykaa Fashion has experienced robust growth in Q2, with a 37% increase in Gross Merchandise Value (GMV) and a 48% rise in new customer acquisitions.

Affirm shows 42% GMV and 34% revenue growth with rising margins, strong guidance, and expanding market share. Learn why AFRM stock is upgraded to buy.

Shopify widened its loss in the second quarter but revenues rose due to the company’s expanding client base and growing portfolio of tools provided to those clients. Shopify’s operating loss was $1.6 ...

In 2024, Takealot saw a rise in competition with e-commerce giant Amazon launching its online marketplace in South Africa.