The “Amazon of Africa” is trying to enable third-party e-commerce rather than sell more stuff

Back in 2012 when it first launched, Jumia’s long-term goal was to become the leading e-commerce player on the continent.It set about that objective like typical e-commerce platforms do: acquiring vast inventory, building warehouses, and aiming to drive online sales based on the promise of ease and convenience.Indeed, one of the company’s first steps was…

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Dow Jones, Nasdaq Hit Highs Amid Coronavirus News As Tesla, Nio, Boeing Rally; Salesforce-Slack Deal Near?

The Dow Jones and Nasdaq composite both hit record highs, as coronavirus vaccine progress from Moderna (MRNA) and AstraZeneca (AZN) and soaring coronavirus cases dominated the headlines. But the stock market rally is broad-based, with both stay-at-home and “real economy” stocks such as Boeing (BA) faring well. Tesla (TSLA) and electric car stocks such as…

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How to Become a Retirement Super Saver

When it comes to retirement, many Americans remain financially unprepared. According to the Economic Policy Institute, the median retirement savings balance for the typical working-age family is $5,000. The median savings for 32-to-37-year-olds is just $480. However, there is one group that may be winning at the retirement savings game. A distinct set of Millennial…

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