One of tech’s biggest titans, Jeff Bezos, the founder of e-commerce giant Amazon, has stepped down as CEO, ending a 26-year era.
While Amazon’s penetration in Africa has been much lower than in markets such as the US and Europe where Amazon Prime is a way of life, the company’s influence has been profound nonetheless. Nigeria’s e-commerce player, Jumia, the first African start-up to reach a $1bn (R14.97bn) valuation, is widely considered to be “Africa’s Amazon”...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now