U.S. online shopping surged to $44.2 billion over the five-day Thanksgiving-to-Cyber-Monday period, according to new data from Adobe Analytics. Cyber Monday alone brought in $14.25 billion, cementing its place as the biggest online shopping day of the year. Adobe said online spending during Cyber Week rose 7.7% from last year, though the growth rate was …
Every December, Lagos stops being just a city; it becomes a global carnival ground. From Murtala Muhammed Airport down to Victoria Island, Lekki, and the Mainland, the city pulsates with an energy that comes only once a year. Flights from London, Atlanta, Toronto, Dubai, and Johannesburg arrive full of Nigerians in the diaspora ready to …
Indian quick-commerce platform Zepto announced on Thursday that it has raised $450 million, pushing its valuation to $7 billion. Founded in 2021 by Aadit Palicha and Kaivalya Vohra, Zepto specializes in ultra-fast grocery delivery, promising delivery times as short as 10 minutes. The company operates over 250 “dark stores” across major Indian cities, enabling quick …
