Why Technology Development is Key in Emerging Markets
Emerging markets are no longer the future of the global economy – they are its driving force, shaping industries and disrupting norms. The International Monetary Fund (IMF) forecasts that by 2030, these dynamic regions will account for over 60% of all global economic growth. With rapidly expanding middle classes and vibrant, youthful populations, countries like […]
Digital Transformation in FMCG: A Multi-Billion Dollar Opportunity in Fast-Growing Markets
Fast-growing markets are the future of fast-moving consumer goods (FMCG). These regions already account for nearly half of global consumer spending and drive most of its growth. In 2024 alone, emerging economies achieved an impressive ~11% year-over-year increase in consumer goods retail sale value – more than double the growth rate of developed markets. A […]
RedCloud announces Lending Feature for retatilers in South Africa on the world’s first Intelligent Open Commerce Platform.
Johannesburg, 5 September 2023 – RedCloud South Africa is proud to announce the new Lending Feature available to its customers through the Red101 App. All retatilers on the RedCloud Intelligent Open Commerce platform will be able to access the capital they need to assist them in growing their business. This capital can be used to […]
RedCloud expands leadership team with appointment of Sameer Jooma as GM for SA
UK-headquartered global technology firm, RedCloud Technology, is proud to announce the appointment of Sameer Jooma as the general manager for South Africa. Jooma, who has a wealth of experience in ecosystem development, will be responsible for accelerating the adoption of the world’s first open commerce platform, Red101, and driving growth in the Southern Africa region. […]
Why Amazon is not the answer to Africa’s retail challenges
USTIN FLOYD CEO OF REDCLOUD TECHNOLOGY This post was originally published on Business Age After a decade of rumours, leaked documents suggest Amazon finally has concrete plans to launch online marketplaces in Africa over the next 12 months. ‘Project Fela’ will see the retail giant move into five new territories, including Nigeria and South Africa. […]
RedCloud partners with Thokoman Foods to improve supply chain efficiency with Open Commerce
UK-headquartered Global Technology firm, RedCloud Technologies, has partnered with Thokoman Foods PTY (LTD), South Africa’s 2nd largest peanut butter manufacturer to help digitize their supply chain and increase distribution efficiency. This partnership will see Thokoman Foods easily penetrate more retail markets across South Africa by leveraging the world’s first Open Commerce platform built by RedCloud.The Open […]
RedCloud announces new partnership with Kwality Brands to increase market reach and drive business growth
Global technology firm, RedCloud, has announced a new business partnership with South African detergent manufacturer Kwality Brands, to increase sales and expand market reach with the world’s first Open Commerce platform, Red101 Market. This partnership will see Kwality Brands, one of the top brands in the South African soap and detergent industry, gain access to a wide […]
RedCloud announces partnership with Liquor Boss to drive growth and increase market reach.
Pretoria, May 2022 – Global technology firm, RedCloud, has partnered with Liquor Boss, a large distributor of alcoholic beverages in South Africa, to help drive rapid growth and increase market reach with open commerce technology. Liquor Boss, a large distributor of alcoholic beverages in South Africa with over 2000 SKUs, has signed a new partnership […]
Why everyone loves Open Commerce – A live conversation from the market
Across emerging economies, the traditional retail market remains highly fragmented, as over 80% of all FMCG products are sold by small retailers in roadside shops. The industry still relies on manual processes like van sales, physical visits to retailers by brand and distributor sales reps, and costly cash payments. This model is inefficient and has had devastating […]
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