Kenzz, Egypt’s mass e-commerce solution, raises $3.5 million in seed funding

Kenzz, the mass e-commerce solution bringing trustworthy online shopping to the masses in Egypt and the Middle East, has announced the completion of a US$3.5 million seed fundraiser.

Amazon opens its new corporate office in Riyadh

Amazon.sa has opened a new office in Riyadh that will house employees from the company’s various operations in the Kingdom of Saudi Arabia, including e-commerce, smart devices, Amazon Payments Services, Amazon Internet Services, and Amazon Advertising.

Shipsy to focus on sustainable logistics at Gitex 2022

Shipsy, a global smart logistics management technology provider, will showcase how its technology empowers 200+ businesses worldwide to drive cost-efficient and sustainable logistics at GITEX 2022. It will present success stories and tech-powered best practices from their customer success journals to help logistics stakeholders navigate the challenges of eCommerce and retail supply chains. Businesses in the Middle East face issues caused by the growth of cross-border eCommerce, fluctuating gasoline prices, narrowing profit margins, and increasing eCommerce returns.

GITEX Global 2022: Liferay to showcase next evolution of digital experiences

Liferay will showcase its most advanced solutions, including its new cloud-based DXP-as-a-Service offering, under its theme. Liferay’s single platform, delivered in a cloud environment based on SaaS, enables tailored digital solutions to assist organizations in remaining seamlessly connected to people and systems.

Instagram removing shopping page: report

According to an internal document obtained by The Information, Meta Platforms Inc.’s Instagram intends to drastically reduce its shopping options in order to refocus its e-commerce efforts on those that directly produce advertising. Instagram’s current commerce page will be phased out over time, according to reports