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Worldview: Africa's E-Commerce Giants Hit Turbulence

Worldview: Africa's E-Commerce Giants Hit Turbulence
businessoffashion.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessoffashion.com Daily Mail and Mail on Sunday newspapers.

South Africa , United States , Noord Holland , Nairobi Area , United Kingdom , De Beers , Free State , Hong Kong , New York , South African , Prathyusha Agarwal , Kenichiro Hasegawa , Gaurav Mehta , Flipkart Shopsy , Timmy Sarna , Sandy Kuo , Anne Marie Burugu , Zhou Xiangyu Xander , Krishna Bodanapu , Pooja Sheth Madhavan , Feng Chuxuan , Cai Xukun , Sangita Jindal , Meng Zhaoran , Varun Bahl , Rohini Manoj ,

Resale platform PopChill bags $1.3 million investment, expands into Singapore

Resale platform PopChill bags $1.3 million investment, expands into Singapore
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AxleHire Raises $20 Million, Aspires to National Network


AxleHire Raises $20 Million, Aspires to National Network
April 9, 2021
AxleHire, a last-mile solutions company that powers delivery for startups like HelloFresh, Deliverr, Freshly and Pet Food Express, has closed a $20 million Series B round aimed at increasing its sortation capabilities, expanding its network of hubs and continuing to expand into general ecommerce.
The funding round was led by Ajax Strategies with participation from Eclipse Ventures, Quiet Logistics, Bee Partners and Acorn Pacific Ventures. Representatives from Ajax, Eclipse and Greenfield Partners will join AxleHire’s board.
“Right now, our business mix is about 70% to 80% time-sensitive shipments like alcohol, prescriptions and food, with 20% to 30% being general ecommerce,” said founder Daniel Sokolovsky. “By the end of the year, it will be closer to 50/50.” ....

New York , United States , Santa Monica , San Diego , San Francisco , Los Angeles , Daniel Sokolovsky , Pet Food Express , Ajax Strategies , Eclipse Ventures , Quiet Logistics , Bee Partners , Acorn Pacific , Greenfield Partners , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , சாந்தா மோனிகா , சான் டியாகோ , சான் பிரான்சிஸ்கோ , லாஸ் ஏஞ்சல்ஸ் , செல்லம் உணவு எக்ஸ்பிரஸ் , அஜாக்ஸ் உத்திகள் , கிரகணம் முயற்சிகள் , அமைதியான தளவாடங்கள் , தேனீ கூட்டாளர்கள் , அகன் பெஸிஃபிக் ,