Latest Technology News In South Africa
Natural Health Trends’ public-company legal lineage began in Florida in December 1988 and later reincorporated in Delaware in 2005. The group evolved into a direct-selling and e-commerce business under the NHT Global brand, distributing personal-care, wellness and lifestyle products internationally.
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Yunji is narrowing its focus towards private-label products and healthy living. Its latest results show lower losses, but also a smaller sales base.
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Baozun was founded in Shanghai in 2007 to help brands operate and grow online commerce businesses in China. The company developed end-to-end services spanning digital storefronts, marketing, customer service and logistics, formed relationships with major Chinese platforms, listed on Nasdaq in 2015 and added a Hong Kong listing in 2020.
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ThredUp was founded in 2009 by James Reinhart, Chris Homer and Oliver Lubin, initially experimenting with peer-to-peer clothing exchange before moving toward managed online consignment. By 2026 ThredUp operates technology and logistics infrastructure for online apparel resale, serving both consumers and brand partners.
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Newegg was founded in California in 2001 by Fred Chang and built an online retail business around computer components, electronics and products for technology enthusiasts. By 2026 Newegg operates an e-commerce marketplace and direct retail business focused heavily on computing, gaming and electronics.
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Liquidity Services was founded in 1999 and launched Liquidation.com to move surplus and returned goods through online auctions. By 2026 Liquidity Services operates digital marketplaces and services that help organisations sell surplus, returned and end-of-life assets while buyers source secondary-market inventory and equipment.
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Apoorva Mehta, Max Mullen and Brandon Leonardo founded Instacart in 2012 and launched the service in the San Francisco Bay Area. The original model paired an app with independent shoppers who entered existing supermarkets, purchased customers’ requested items and delivered them to their homes.
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Richard Liu Qiangdong founded a retail business in Beijing in 1998, initially selling electronics through physical stores under the Jingdong name. The SARS outbreak in 2003 disrupted foot traffic and pushed the company to experiment more seriously with internet sales.
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Marcos Galperin founded MercadoLibre in 1999 after developing the idea while studying at Stanford Graduate School of Business. The company launched as an online marketplace aimed at Latin American buyers and sellers. Its early challenge was not simply building an auction site but creating trust, payments and logistics in markets where e-commerce infrastructure was still immature.
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