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Chpter joins Safaricom s Spark Accelerator

Chpter joins Safaricom s Spark Accelerator
techcabal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcabal.com Daily Mail and Mail on Sunday newspapers.

MarketForce winds down its B2B e-commerce arm

Kenyan B2B e-commerce company MarketForce is winding down its B2B e-commerce business that served informal merchants (mom-and-pop stores) after a turbulent two-year period that saw it scale down operations severely. The shutdown of the B2B e-commerce arm dubbed RejaReja comes months after MarketForce withdrew the service from all its markets, including Nigeria and Kenya, save for Uganda. MarketForce had raised $42.5 million, including $40 million debt-equity in a Series A round in 2022 at over $100 million valuation, to fuel the business.

MarketForce winds down its B2B e-commerce arm

At its peak, it raised $40M Series A debt-equity funding, employed over 800 people and served 270,000 informal merchants.

MarketForce winds down its B2B e-commerce arm

MarketForce winds down its B2B e-commerce arm
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

From B2B Sales Software to Social Commerce Powerhouse: The Story of MarketForce s Evolution

From B2B Sales Software to Social Commerce Powerhouse: The Story of MarketForce s Evolution
techmoran.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techmoran.com Daily Mail and Mail on Sunday newspapers.

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