Samuel Nwite
AUTHOR: Samuel Nwite
Jumia Records 12% Gross Profit in Q4, Reducing Loss by 47%
E-commerce firm Jumia released its Q4 report on Wednesday showing 12% gross profit increase year-on-year despite pandemic-induced market woes.
Although compared to 2019, the growth...
Facebook Doles Out $1 Billion to Settle News Dispute
Following the events of past weeks involving Facebook and the Australian government, the social media company has announced a plan to invest $1 billion...
China Teams Up With Hong Kong, Thailand, UAE And BIS To Internationalize E-yuan
China has taken a step further in its quest to boost yuan through its sovereign digital currency. SCMP reported that Beijing has joined Hong...
Facebook Refriends Australia, to Restore News Services Following a Deal with Government
Facebook on Tuesday announced it is rescinding its decision to block news in Australia. The social media platform made the announcement after negotiating changes...
Spotify is Expanding to 80 New Markets Around the World
Spotify Technology SA is introducing its audio service in 80 markets across Asia, Africa and the Caribbean in coming days, expanding the company’s potential...