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Shopee was established in Singapore in February 2015 as a mobile-focused marketplace that enables users to browse, shop, and sell products. [9] The platform integrates logistical and payment support to facilitate transactions and is designed to operate with minimal physical assets.
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Bidorbuy.co.za became the largest online marketplace in South Africa and Africa. [2] In 2010, it invested into PayFast, [3] a local online payment company, and 2014 into the e-commerce company uAfrica.com. [4] It merged with UAfrica, in August 2022 to form Bob Group. [5] In March 2023, UAfrica was rebranded as Bob Go and Bidorbuy as Bob Shop. [6]
As of 2016, there is no law on net neutrality in South Africa. A White Paper was to be published by the South African government in March 2015, [ 80 ] but it has not been published yet. However, the telecommunications regulator ICASA , and the Department of Telecommunications and Postal Services (DTPS) has been engaged in this debate.
Digital media freedom is generally respected in South Africa. Political content is partially censored, with a number of incidents. [2] The Freedom of the Press Report lists South Africa as being among the countries with one of the biggest declines in press freedom, dropping four places. It is now being seen as only “partly free”.
The Companies and Intellectual Property Commission (CIPC) is an agency of the Department of Trade, Industry and Competition in South Africa. [1] The CIPC was established by the Companies Act, 2008 (Act No. 71 of 2008) [2] as a juristic person to function as an organ of state within the public administration, but as an institution outside the public service.
The first marketplace and largest online retailer in South Korea, [9] Coupang's annual revenue as of 2021 is US$18.4 billion. [10] [11] The company's Rocket Delivery network provides same-day or next-day delivery of more than five million unique items. [12]
Mercado Libre operates under five main business units. MarketPlace is its platform for users to sell products, Mercado Pago is its payment platform for online sales, [5] Mercado Publicado is the advertising portion of Mercado Libre, Mercado Shops is a tool designed to enhance the platform's overall ecosystem, [35] and Mercado Crédito is the company's credit line.