Marketplace


In strong quarter for Alibaba, Taobao in flux

In strong quarter for Alibaba, Taobao in flux

China’s retail, entertainment and cloud computing leviathan Alibaba Group Holding Ltd. (阿里巴巴集团, NYSE: BABA) has reported its Q1 2018 results. They show a strong start to FY2018, particularly in the business of retail. The Hangzhou-based company is touting transformations in its ageing Taobao platform as a driver of this.                                                                                                                                 


Jumia Kenya merges platforms without cutting jobs

Jumia Kenya merges platforms without cutting jobs

Jumia Group, operator of nine subsidiaries in 33 countries in Africa, merged the marketplace Jumia Market in Kenya with its online shop Jumia in the same country, in a move aimed at reaching profitability sooner. After the merger, Jumia Market (with listings for new and used goods) still operates in 13 other countries in Africa.  


Safaricom to launch site for new, used goods in Kenya

Safaricom to launch site for new, used goods in Kenya

Kenya-based Safaricom Ltd, operator of M-Pesa, Africa's leading mobile-money service, unveiled a very ambitious plan to enter the market for online marketplaces in Kenya in Q1 of 2018. It will launch a horizontal marketplace for both used and new goods and call it Masoko ("markets" in Swahili).


Gumtree UK teams up with innovative delivery service

Gumtree UK teams up with innovative delivery service

Stuff sites grow ever more user-friendly, safer and convenient. Offering buyers and sellers a delivery service on the site, has been a recent focus of the effort to make stuff sites safer and more convenient. In the U.K., marketplace EBay has offered a courier service for years. And now, horizontal Gumtree.com also joined the party.


A must-read on blockchain from the WEF

A must-read on blockchain from the WEF

The World Economic Forum (WEF) published a series of articles on how certain technologies (such as artificial intelligence and blockchain) may change the creative economy. This article on the impact blockchain may have, is an interesting read. Think freelance sites, gig sites, and home-services sites.


Shpock adds new revenue source in Sweden

Shpock adds new revenue source in Sweden

Now you can buy a premium membership on the Schibsted-owned app flea market Shpock and get several perks - one of them being that your user experience becomes advertising-free. That is, at least, the perk that Shpock promotes strongest of all.



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