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South African e-commerce logistics company Pargo has raised US$4 million in funding to support its expansion into Egypt, where it has launched with over 500 tech-enabled “Pargo Points”. Founded in 2015 in Cape Town by Lars Veul and Derk Hoekert, Pargo is a smart logistics company that offers e-commerce delivery solutions through its network of […]
Pargo CEO Lars Veul South African click-and-collect company Pargo is exploring an expansion into the rest of Africa, its CEO said in an interview, betting on e-commerce growth on the continent. Africa is forecast to surpass half a billion e-commerce users by 2025, having shown a steady 17% compound annual growth rate of online consumers […]