Startups

Amazon beats Walmart to acquire PillPack, an online pharmacy in bid to disrupt pharmaceutical industry

Amazon beats Walmart to acquire PillPack, an online pharmacy in bid to disrupt pharmaceutical industry

Business, Startups, Technology
Amazon has today announced an acquisition that underscores how it also hopes to have a more direct — and more commercial — role in the world of healthcare in the coming years. The company has purchased PillPack, an online pharmacy the lets users buy medications in pre-made doses. This news come only a week after after appointing a CEO for its healthcare joint venture with Berkshire Hathaway and JPMorgan. “PillPack’s visionary team has a combination of deep pharmacy experience and a focus on technology,” says Jeff Wilke, Amazon CEO of Worldwide Consumer, in a news release. “PillPack is meaningfully improving its customers’ lives, and we want to help them continue making it easy for people to save time, simplify their lives, and feel healthier. We’re excited to see what we can do together o
Untapped opportunity in Africa’s emerging startup hubs

Untapped opportunity in Africa’s emerging startup hubs

Startups
African startups are in a unique position to leverage innovation to answer some of the continent’s most pressing challenges. To achieve this, an enabling environment is mission critical, according to Abu Cassim, founder and director of Jozi Angels, an angel network that invests in early stage startups. Growing venture capital (VC) in Africa was a focal point of discussions at the recent Africa Innovation Summit in Kigali, Rwanda. “Exciting opportunities exist in VC frontier markets like South Africa, Kenya and Nigeria along with other international emerging markets such as Indonesia, Poland, Mexico and the UAE,” notes Cassim. Successfully developing Africa’s VC sector hinges on a number of factors including identifying additional sources of funding for co-investment, for example, sui
Kenya’s EatAtIt launches to help users reserve a table or order food & drinks online

Kenya’s EatAtIt launches to help users reserve a table or order food & drinks online

Business, Startups
Kenya’s EatAtIt has launched to allow users to order food, drinks and reserve a table easily and more conveniently via its online platform taking on incumbents EatOut, a restaurant discovery platform, Quick Eats and Jumia Food, food delivery platforms.ach Wanyamba, Eat At It Platform,  aims to help restaurants reach out to more customers by giving them a platform to market themselves. Restaurants can use the platform to share info and photos and tell their stories to sign up customers. For potential users, the platform aims to link them to over 70,000 restaurants, cafes and coffee/tea houses found in Kenya so that they enjoy their meals and drinks conveniently. “Our aim is to have as many restaurants and bars as possible listed, thereby providing users with a comprehe
Move Over WhatsApp, Google Set to Launch Chat, an Android Messenger App

Move Over WhatsApp, Google Set to Launch Chat, an Android Messenger App

Business, Mobile, Startups
Google is rolling out a new chat service to replace standard texting, a move that analysts say will offer Android users advanced features already found in popular chat services such as Apple's iMessage and Facebook's WhatsApp. But the unveiling also represents a strategic retreat for the tech giant, experts say, which has struggled to prop up a dedicated chat app of its own. The service, dubbed Chat, is not a Google messaging app but will run on Android phones through partnerships with dozens of mobile carriers around the world. Chat offers several upgrades for Android users whose messaging relies on SMS, or short message service, a text-based system that has been widely adopted but surpassed by more feature-rich messaging apps. Using a new standard called Rich Communications Ser
South African Fintech Launches Blockchain-based Money Transfer App

South African Fintech Launches Blockchain-based Money Transfer App

Startups, Technology
South African Fintech start-up, Vio Digital, is using blockchain to make it easier for people to transfer money from person to person anywhere in the world, introducing a new method of international money transfer. Across Africa, remittance solutions are typically among the most expensive in the world, with up to 20% being charged on a single transaction. The era of disruption heralded by Fintechs has seen nothing but positive change for consumers to enable access to payments and convenience and now use technology to save costs. With Vio, there are no transfer and exchange fees and no foreign exchange mark-up, solving for some of the biggest markets for remittance corridors. ‘For people sending money home to their families, additional processing and admin costs can be crippling. Ou