Commonwealth Fusion Systems has raised $1.8-billion from investors, including Bill Gates, in the fusion industry’s largest financing deal.
Browsing: Tiger Global Management
Nigerian banks are only now starting to counter the emerging fintech firms riding the online wave spurred by the pandemic. They’re also deploying their political muscle with regulators.
Naspers has acquired Tiger Global Management’s stake in South Africa’s largest e-commerce retailer Takealot, and now owns an effective 96% (91% fully diluted) of the business. This was revealed in its provisional
Walmart is close to finalising a deal to buy a majority stake in India’s leading e-commerce company for at least $12bn and may complete the agreement in the next two weeks, according to people familiar with the matter
Online retail store Takealot.com has been growing at a compound rate of 107% for the last four years as younger South Africans slowly but surely become more comfortable with online shopping. Despite this rapid growth
JSE-listed media and e-commerce giant Naspers has announced it will invest R960m in South African e-retailer Takealot Online – which owns Takealot.com and other assets – in the process taking a majority stake in the company. In a statement
Amazon.com has agreed to buy Dubai-based online retailer Souq.com, whose shareholders include Naspers and Tiger Global Management, betting that e-commerce in the Middle East is poised to take off. The US e-commerce
Amazon.com and India’s Flipkart Online Services have walked away from talks to acquire Dubai-based Souq.com after disagreeing over price, according to two people with knowledge of the matter. The e-commerce business is now seeking
Amazon.com is in talks to acquire Dubai-based online retailer Souq.com for about $1bn (R14,2bn) in a deal that will give the e-commerce giant a footprint in the high-growth Middle East market, according
Safaricom, the Kenyan mobile phone company that runs a money transfer service almost the size of the East African nation’s economy, invested in a courier service business in an effort to stimulate e-commerce and gain a foothold in growing