Author: Staff Writer

I am a staff at Innovation Village.

Horizontal Classifieds general marketplace, Jiji, has acquired vertical marketplace Cars45 for an undisclosed amount. Jiji is currently growing to become a major global Classifieds marketplace through acquisitions. In 2019, the Ukranian Genesis classified ads company entered an agreement to transfer all OLX assets in Sub-Saharan Africa to Jiji. In 2018,…

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First impressions are so powerful that they can override what we subsequently learn about a person – as found in a study published by the Society for Personality and Social Psychology. That is, people are more likely to trust their own perceptions than facts shared with them by people with factual knowledge…

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South Korean automaker, Hyundai, has completed the acquisition of Boston Dynamics by acquiring the remaining 20% from Softbank. Last year, Hyundai acquired 80% interest in Boston Dynamics in a deal that valued the mobile robot firm at $1.1 billion while Softbank retained an approximately 20% stake. Boston Dynamics is the established leader in…

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Portugal’s Football star, Cristiano Ronaldo’s recent disapproving gesture at an ongoing Euro 2021 press conference, cost Coca-Cola $4 billion in its share price. The press conference was in Budapest on Monday in the prelude to Portugal’s Group F game against Hungary. The price of Coca-Cola shares dipped by $4billion when…

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Cairo-based fashion e-commerce startup, DressCode, announced that it has received $250,000 in funding from an existing investor, Egypt Ventures. The lifestyle startup says it intends to expand its scope beyond fashion and cosmetics, namely vitalizing its home décor offerings. Since Dresscode’s launch in 2019, the startup claims it has fulfilled…

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