Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals – TechCrunch

Startups that solve the supply-chain and operational challenges of players in the fast-moving consumer goods (FMCG) industry–by helping buyers access products from sellers on a single platform–keep attracting venture capital from investors. Cartona, one of the major players digitizing the traditional trade market, including mom-and-pop stores, FMCG producers, wholesalers, and distributors in Egypt, has raised…

Ericsson completes $6.2B acquisition of Vonage after clearing hurdles

Ericsson has finally completed its $6.2 billion acquisition of cloud communications provider Vonage after clearing some major hurdles. The Swedish vendor first announced its biggest-ever acquisition in November last year. Börje Ekholm, President and CEO of Ericsson, said: “The core of our strategy is to build leading mobile networks through technology leadership. This provides the…

Ericsson completes $6.2B acquisition of Vonage after clearing hurdles

Ericsson has finally completed its $6.2 billion acquisition of cloud communications provider Vonage after clearing some major hurdles. The Swedish vendor first announced its biggest-ever acquisition in November last year. Börje Ekholm, President and CEO of Ericsson, said: “The core of our strategy is to build leading mobile networks through technology leadership. This provides the…

Ericsson completes $6.2B acquisition of Vonage after clearing hurdles

Ericsson has finally completed its $6.2 billion acquisition of cloud communications provider Vonage after clearing some major hurdles. The Swedish vendor first announced its biggest-ever acquisition in November last year. Börje Ekholm, President and CEO of Ericsson, said: “The core of our strategy is to build leading mobile networks through technology leadership. This provides the…

Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals – TechCrunch

Startups that solve the supply-chain and operational challenges of players in the fast-moving consumer goods (FMCG) industry–by helping buyers access products from sellers on a single platform–keep attracting venture capital from investors. Cartona, one of the major players digitizing the traditional trade market, including mom-and-pop stores, FMCG producers, wholesalers, and distributors in Egypt, has raised…