Commerce - eriinfo

How Fit Analytics Innovation Reclaimed its Independence to Build the Future of AI Commerce

eriinfo.com4 days ago05 mins

AI Shopping Assistant – Fit Analytics Innovation With today’s launch of the AI Shopping Assistant, Fit Analytics Innovation moves beyond the AI-hype-cycle to deliver the conversational guidance modern apparel shoppers crave. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260602315868/en/ Two years ago, Fit Analytics Innovation did the unthinkable: they bought themselves back….

Yoco acquires Dyner.ai to expand small business commerce platform

eriinfo.com1 week ago04 mins

South African fintech company Yoco has officially acquired Dyner.ai, a local startup specializing in AI-driven operational software for hospitality and independent retail businesses. While the purchase price remains undisclosed, the deal marks a significant strategic milestone as Yoco’s first major corporate acquisition. Read: SpaceX successfully launches Starship V3 in performance-packed test flight The transaction signals…

Shoprite’s Sixty60 surges 34.6% as digital commerce dominates

eriinfo.com4 months ago03 mins

Shoprite Holdings’ on-demand delivery powerhouse, Sixty60, continues to redefine South African retail, posting a 34.6% sales increase for the six months ending December 28, 2025. This rapid expansion significantly outpaced the group’s overall growth, signalling a permanent shift in consumer behaviour toward app-based, on-demand grocery shopping. Read: The Switch overtakes the DS as Nintendo best-selling…

Inside Converge Africa 2026: Designing the Future of Commerce

eriinfo.com5 months ago05 mins

As Africa’s digital economy moves toward seamless, borderless transactions, Converge Africa 2026 is setting the agenda for the leaders shaping that transformation. Returning to the CTICC in Cape Town from 4–6 May 2026, the event represents more than a conference; it is the strategic intersection of commerce, technology and innovation for the continent’s fastest-growing sector….

Experts predict 2026 digital commerce growth but warn of tariff risks

eriinfo.com6 months ago05 mins

MoneyBadger CEO Carel Van Wyk. South African payment and logistics leaders say the country’s digital commerce sector is set for solid growth in 2026, but exporters may face continued pressure from US tariffs. The forecasts come from executives at Peach Payments, MoneyBadger and TUNL, who outlined expected trends for the year ahead. MoneyBadger CEO Carel…

How Africa’s digital leaders are designing the future of commerce

eriinfo.com8 months ago06 mins

As Africa’s digital economy moves toward seamless, borderless transactions, Converge Africa 2026 is setting the agenda for the leaders shaping that transformation. Returning to the CTICC in Cape Town from 4–6 May 2026, the event represents more than a conference; it is the strategic intersection of commerce, technology and innovation for the continent’s fastest-growing sector….

Prosus unveils AI-powered large commerce models

eriinfo.com8 months ago06 mins

Fabricio Bloisi, CEO at Prosus. Naspers unit Prosus has introduced large commerce models (LCMs) – agentic artificial intelligence (AI) systems that it says are set to replace traditional search and recommendation engines. In a statement today, the company says the LCM has been trained on Prosus’s global database of commercial transactions, continually learning from over…

Is social commerce the next big thing for retail in Africa?

eriinfo.com9 months ago010 mins

Natalie Kolbe, general partner at Norrsken22 Interview with Natalie KolbeGENERAL PARTNER, NORRSKEN22 Lives in: South Africa Natalie Kolbe, general partner at Africa-focused venture capital firm Norrsken22, believes social commerce could transform how Africans shop. In this interview, she explains why. For readers who might not be familiar, what exactly is social commerce? Social commerce, a…

Commerce Media in South Africa: 5 Insights

eriinfo.com12 months ago08 mins

Commerce media is emerging as the next big frontier in retail – and it’s growing fast. Globally, the space is projected to reach $130 billion by 2026, and could top $1 trillion by 2030, as giants like Amazon and Walmart continue to turn retail media into high-performing revenue engines. But where does South Africa sit…