Today in retail, Walmart’s eCommerce head refers to its 4,700 stores as “shoppable fulfillment centers.” Plus, online sneaker startup KicksCrew is expanding its reach, Walmart and Gap team up on a home collection for kids and online car marketplaces are spurring profits across the MENA...
With almost 2,000 cars sold daily and nearly 750,000 vehicles sold on a yearly basis, the Egyptian used car market, representing a Gross Merchandise Value (GMV) of about $10 billion, is a very large but fragmented one. According to Omar El Defrawy, co-founder and CEO...
Today in B2B payments, Sylndr raises $12.6 million in its latest funding effort, while Amaryllis gets $10 million to accelerate its development. Plus, EVO Payments acquires North 49 Business Solutions for enhanced B2B integrated payment solutions, PayEngine will use its $10 million Series A fundraising...
In today’s top stories from Europe, the Middle East and Africa, British fashion retailer Ted Baker says it has narrowed down the possibilities for a potential buyer. Also, Egyptian used car marketplace Sylndr raises $12.6 million, while British global currency provider Sokin expands its partnership...
June 02, 2022
With almost 2,000 cars sold daily and nearly 750,000 vehicles sold on a yearly basis, the Egyptian used car market, representing a Gross Merchandise Value (GMV) of about $10 billion, is a very large but fragmented one. According to Omar El Defrawy, co-founder and CEO at Cairo-based used car online retailer Sylndr, the level of […]