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2025-01-12
Jumia, Uganda’s leading e-commerce platform has reported exceptional growth following its recent Black Friday campaign, solidifying its role in transforming the retail landscape across the country, it said on Dec.5 in a statement. This year’s Black Friday marked a significant milestone for the platform. More than half of the orders were placed by customers from upcountry areas, highlighting a remarkable surge in e- commerce activity outside Kampala. Growth in these regions outpaced the capital by a factor of three, reflecting an increasing demand for quality goods in areas traditionally underserved by brick-and-mortar retail. To meet this rising demand, Jumia is set to expand its delivery network. While currently serving 120 towns, the company plans to establish 50 additional Jumia stations, broadening its reach and further enhancing accessibility for its users. With an extensive product catalog featuring over 10 million items, Jumia continues to cater to a wide spectrum of consumer needs and preferences, solidifying its position as a cornerstone of Uganda’s digital retail space. The growth of e-commerce in Uganda aligns with broader trends across Africa, where online shopping is reshaping the retail sector. Uganda is poised to play a pivotal role in this transformation, with projections indicating that the e-commerce sector will contribute over $1 billion to the national economy soon. Jumia’s ongoing investments in manpower, technology, and logistics infrastructure are designed to accelerate this evolution and ensure a seamless online shopping experience for Ugandans. “We’re committed to making e-commerce more accessible to all Ugandans,” said Vinod Goel, Regional CEO – East Africa, Jumia. “Our expansion plans will not only improve product accessibility but also create jobs and empower local entrepreneurs, significantly contributing to Uganda’s growing digital economy.” Jumia’s robust logistics network, comprising partnerships with over 70 local delivery providers, has been instrumental in ensuring efficient distribution to even the most remote areas of Uganda. This network not only enhances digital inclusivity but also supports the local economy by fostering opportunities for small businesses and delivery partners. The success of this year’s Black Friday campaign underscores Jumia’s pivotal role in the evolving e-commerce landscape in Uganda. It reaffirms its commitment to innovation, customer satisfaction, and driving economic growth through digital transformation.234win 777 login app

Will Kamala Harris run for California governor in 2026? The question is already swirling

Army-Navy game has added buzzA federal appeals court panel on Friday unanimously upheld a law that could lead to a ban on TikTok in a few short months, handing a resounding defeat to the popular social media platform as it fights for its survival in the U.S. The U.S. Court of Appeals for the District of Columbia Circuit denied TikTok's petition to overturn the law — which requires TikTok to break ties with its China-based parent company ByteDance or be banned by mid-January — and rebuffed the company's challenge of the statute, which it argued had ran afoul of the First Amendment. “The First Amendment exists to protect free speech in the United States,” said the court's opinion, which was written by Judge Douglas Ginsburg. “Here the Government acted solely to protect that freedom from a foreign adversary nation and to limit that adversary’s ability to gather data on people in the United States.” TikTok and ByteDance — another plaintiff in the lawsuit — are expected to appeal to the Supreme Court, though its unclear whether the court will take up the case. “The Supreme Court has an established historical record of protecting Americans’ right to free speech, and we expect they will do just that on this important constitutional issue," TikTok spokesperson Michael Hughes said in a statement. “Unfortunately, the TikTok ban was conceived and pushed through based upon inaccurate, flawed and hypothetical information, resulting in outright censorship of the American people,” Hughes said. Unless stopped, he argued the statute “will silence the voices of over 170 million Americans here in the US and around the world on January 19th, 2025.” Though the case is squarely in the court system, its also possible the two companies might be thrown some sort of a lifeline by President-elect Donald Trump, who tried to ban TikTok during his first term but said during the presidential campaign that he is now against such action . The law, signed by President Joe Biden in April, was the culmination of a years-long saga in Washington over the short-form video-sharing app, which the government sees as a national security threat due to its connections to China. The U.S. has said it’s concerned about TikTok collecting vast swaths of user data, including sensitive information on viewing habits , that could fall into the hands of the Chinese government through coercion. Officials have also warned the proprietary algorithm that fuels what users see on the app is vulnerable to manipulation by Chinese authorities, who can use it to shape content on the platform in a way that’s difficult to detect — a concern mirrored by the European Union on Friday as it scrutinizes the video-sharing app’s role in the Romanian elections. TikTok, which sued the government over the law in May, has long denied it could be used by Beijing to spy on or manipulate Americans. Its attorneys have accurately pointed out that the U.S. hasn’t provided evidence to show that the company handed over user data to the Chinese government, or manipulated content for Beijing’s benefit in the U.S. They have also argued the law is predicated on future risks, which the Department of Justice has emphasized pointing in part to unspecified action it claims the two companies have taken in the past due to demands from the Chinese government. Friday’s ruling came after the appeals court panel, composed of two Republican and one Democrat appointed judges, heard oral arguments in September. In the hearing, which lasted more than two hours, the panel appeared to grapple with how TikTok’s foreign ownership affects its rights under the Constitution and how far the government could go to curtail potential influence from abroad on a foreign-owned platform. On Friday, all three of them denied TikTok’s petition. In the court's ruling, Ginsburg, a Republican appointee, rejected TikTok's main legal arguments against the law, including that the statute was an unlawful bill of attainder or a taking of property in violation of the Fifth Amendment. He also said the law did not violate the First Amendment because the government is not looking to "suppress content or require a certain mix of content” on TikTok. “Content on the platform could in principle remain unchanged after divestiture, and people in the United States would remain free to read and share as much PRC propaganda (or any other content) as they desire on TikTok or any other platform of their choosing,” Ginsburg wrote, using the abbreviation for the People’s Republic of China. Judge Sri Srinivasan, the chief judge on the court, issued a concurring opinion. TikTok’s lawsuit was consolidated with a second legal challenge brought by several content creators - for which the company is covering legal costs - as well as a third one filed on behalf of conservative creators who work with a nonprofit called BASED Politics Inc. Other organizations, including the Knight First Amendment Institute, had also filed amicus briefs supporting TikTok. “This is a deeply misguided ruling that reads important First Amendment precedents too narrowly and gives the government sweeping power to restrict Americans’ access to information, ideas, and media from abroad,” said Jameel Jaffer, the executive director of the organization. “We hope that the appeals court’s ruling won’t be the last word.” Meanwhile, on Capitol Hill, lawmakers who had pushed for the legislation celebrated the court's ruling. "I am optimistic that President Trump will facilitate an American takeover of TikTok to allow its continued use in the United States and I look forward to welcoming the app in America under new ownership,” said Republican Rep. John Moolenaar of Michigan, chairman of the House Select Committee on China. Democratic Rep. Raja Krishnamoorthi, who co-authored the law, said “it's time for ByteDance to accept” the law. To assuage concerns about the company’s owners, TikTok says it has invested more than $2 billion to bolster protections around U.S. user data. The company has also argued the government’s broader concerns could have been resolved in a draft agreement it provided the Biden administration more than two years ago during talks between the two sides. It has blamed the government for walking away from further negotiations on the agreement, which the Justice Department argues is insufficient. Attorneys for the two companies have claimed it’s impossible to divest the platform commercially and technologically. They also say any sale of TikTok without the coveted algorithm - the platform’s secret sauce that Chinese authorities would likely block under any divesture plan - would turn the U.S. version of TikTok into an island disconnected from other global content. Still, some investors, including Trump’s former Treasury Secretary Steven Mnuchin and billionaire Frank McCourt, have expressed interest in purchasing the platform. Both men said earlier this year that they were launching a consortium to purchase TikTok’s U.S. business. This week, a spokesperson for McCourt’s Project Liberty initiative, which aims to protect online privacy, said unnamed participants in their bid have made informal commitments of more than $20 billion in capital.

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Vertical Melting Furnace Market Analysis By Top Keyplayers - Conrad Naber, StrikoWestofen, STOTEK, Silcarb, Nabertherm, Dynamo Furnaces, Hertwich Ecomelt, Krown, Furnace Engineering, ATM Atilim Teknik, Uterna, Bolster & LM Equipment (Foshan) Co., Ltd., CH 11-27-2024 08:45 PM CET | Advertising, Media Consulting, Marketing Research Press release from: Verified Market Reports The "Vertical Melting Furnace Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Vertical Melting Furnace Market, 2024-2031 Verified Market Research's most recent report, "Vertical Melting Furnace Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination of the industry that includes insights into the market analysis. 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This report's explanation of market drivers and constraints helps readers understand how many factors might affect how much demand a given product has from consumers. All of the leading companies' and brands' company profiles are included in this market analysis. In-depth research and analysis are used to appropriately elaborate on each area in order to produce an accurate Vertical Melting Furnace Market survey report. Who is the largest manufacturers of Vertical Melting Furnace Market worldwide? Conrad Naber StrikoWestofen STOTEK Silcarb Nabertherm Dynamo Furnaces Hertwich Ecomelt Krown Furnace Engineering ATM Atilim Teknik Uterna Bolster & LM Equipment (Foshan) Co. Ltd. CHIU TA HYDRAULIC MACHINE MFG CO. LTD. Nikolaus SORG GmbH & Co. KG HORN Vertical Melting Furnace Market Segmentation Analysis Segmentation analysis involves dividing the market into distinct groups based on certain criteria such as type and application. 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Vertical Melting Furnace Market, By Application 7. Vertical Melting Furnace Market, By Geography ►North America ►Europe ►Asia Pacific ►Rest of the World 8. Vertical Melting Furnace Market Competitive Landscape ►Overview ►Company Market Ranking ►Key Development Strategies 9. Company Profiles 10. Appendix For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/vertical-melting-furnace-market/ Contact us: Mr. Edwyne Fernandes US: +1 (650)-781-4080 US Toll-Free: +1 (800)-782-1768 About Us: Verified Market Reports Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions. Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research. This release was published on openPR.

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NEW YORK , Dec. 6, 2024 /PRNewswire/ -- AllianceBernstein Global High Income Fund, Inc. AWF , a closed‐end management investment company, declared on this date, December 6, 2024 , a one-time special income distribution of $0.0156 per share of Common Stock. The total distribution of $0.0156 is payable on January 17, 2025 to stockholders of record at the close of business on December 19, 2024 . Ex‐date will be December 19, 2024 . The distribution, which is deemed to be received by shareholders in 2024 for federal income tax purposes, represents a one-time special income distribution of $0.0156 so as to enable the Fund to comply with the Internal Revenue Code's minimum distribution requirements for the current year. AllianceBernstein Global High Income Fund, Inc. is managed by AllianceBernstein L.P. View original content: https://www.prnewswire.com/news-releases/alliancebernstein-global-high-income-fund-inc-special-distribution-302325252.html SOURCE AllianceBernstein Global High Income Fund, Inc. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Injuries pile up, 49ers uncertain QB Brock Purdy can return SundayAre you tracking your health with a device? Here’s what could happen with the data

NEW YORK , Dec. 6, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of iLearningEngines, Inc. (NASDAQ: AILE) between April 22, 2024 and August 28, 2024 , both dates inclusive (the "Class Period"), of t the important December 6, 2024 lead plaintiff deadline. So what: If you purchased iLearningEngines securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. What to do next: To join the iLearningEngines class action, go to https://rosenlegal.com/submit-form/?case_id=28305 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 6, 2024 . A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. Details of the case: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) iLearningEngines' "Technology Partner" was an undisclosed related party; (2) iLearningEngines used its undisclosed related party Technology Partner to report "largely fake" revenue and expenses; (3) as a result of the foregoing, iLearningEngines significantly overstated its revenue; and (4) as a result of the foregoing, defendants' positive statements about iLearningEngines' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the iLearningEngines class action, go to https://rosenlegal.com/submit-form/?case_id=28305 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm , on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/ . Attorney Advertising. Prior results do not guarantee a similar outcome. Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 case@rosenlegal.com www.rosenlegal.com View original content to download multimedia: https://www.prnewswire.com/news-releases/aile-deadline-today-aile-investors-have-opportunity-to-lead-ilearningengines-inc-securities-fraud-lawsuit-302325082.html SOURCE THE ROSEN LAW FIRM, P. A.$560K Could Be $4.5M With Qubetics While Hedera Gains Institutional Backing and Polygon Scales Up

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