From TechCrunch
By Annie Njanja
October 28, 2023
Kenyan B2B e-commerce company MarketForce has shut down operations in three of its five markets in Africa and is in the early stages of launching a social commerce spinout. TechCrunch has learned that MarketForce’s super-app dubbed RejaReja, which enables informal retailers (mom-and-pop stores) to order fast moving consumer goods (FMCGs) directly from distributors and manufacturers […]
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Djust is a new commerce platform focused exclusively on B2B transactions
Meet Djust, a French startup that essentially wants to build an e-commerce platform like Mirakl, but focused exclusively on business-to-business (B2B) activities. The company recently raised a $13 million funding round (€12 million). NEA is leading the most recent funding round, with Elaia Partners also investing in the company. Elaia previously led Djust’s $4 million […]
Jun 11, 2023
Kenyan logistics startup Sendy shuts down, embarks on asset sale
Sendy, a Kenyan logistics startup that enabled retailers to purchase FMCGs directly from manufacturers, among other services, is shutting down its operations and exploring a sale of its assets, TechCrunch has learned. Meshack Alloys, Sendy co-founder, confirmed the sale to TechCrunch without offering more details, saying: “We are in the middle of an acquisition process. […]
Aug 8, 2023
Back Market lays out its plan to make refurbished phones go mainstream
Back Market held a press conference on Thursday morning in Paris to talk about upcoming product launches and give an update on the company’s current situation. If you’re not familiar with the French startup it operates a marketplace of refurbished electronics devices — mostly smartphones. It’s attracted a lot of investor cash in recent years but has also been through tougher times. In 2021, just like many large tech companies, Back Market rode the wave of zero-interest rate policies around the
Sep 19, 2024
SoftBank stays in as Meesho $606M IPO becomes India’s first major e-commerce listing
Meesho, an Indian e-commerce rival to Amazon and Walmart-owned Flipkart, is set to launch a roughly $606 million IPO marked by token sell-downs from early backers and no sales from big names such as SoftBank and Prosus, signaling investor conviction in India's booming online retail market at a time when tech shareholders globally have been cashing out at listings.
Nov 28, 2025