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  • Ecommerce Round Up - March 21, 2024

Ecommerce Round Up - March 21, 2024

๐Ÿช™ Grab Singapore gets crypto payments ๐Ÿค– Gen AI makes AWS and NVIDIA collaborate ๐ŸŒ๏ธ African fashion becomes more social with Maka

Good morning! Today we got some news on: 

๐Ÿช™ Grab Singapore gets crypto payments

๐Ÿค– Gen AI makes AWS and NVIDIA collaborate

๐ŸŒ๏ธ African fashion becomes more social with Maka

Grab Singapore gets crypto payments

๐Ÿช™ A crypto dream

Crypto enthusiasts in Singapore are having the last laugh: Grab is now offering crypto payments.

The new feature launched in partnership with licensed payments provider Triple-A, it lets you top up your GrabPay wallet with a different of cryptocurrencies:

This isn't just convenient for crypto users, it's a big leap forward for the digital asset landscape in Singapore.

๐Ÿ’ก Did you know:

A survey from Coinbase/Seedly said that 57% of Singaporeans interviewed own digital assets

๐Ÿ’ณ๏ธ Fad or future

Embracing crypto payments could mean Grab is getting ahead for wider adoption of digital currencies within the cityโ€™s financial system.

For Grab, this partnership is part of a larger vision for the future. They've started to be involved in the Web3 space for some time now

Gen AI makes AWS and NVIDIA collaborate

๐Ÿค– AI brings tech giants together

AWS and Nvidia are teaming up to bring the new and powerful Nvidia Grace Blackwell GPU platform on the AWS cloud.

Here's how it works:

  • Nvidia's Blackwell is a powerful GPU specifically designed for generative AI.

  • Imagine being able to create real-time experiences powered by big language models โ€“ that's the kind of power Blackwell offers.

  • AWS, the top cloud computing platform, is making this power accessible through its Amazon EC2 instances and Nvidia DGX Cloud.

โœ… The benefits of the collab

Blackwell can handle these complex AI tasks at a fraction of the cost and energy consumption compared to previous systems.

This means faster development cycles, more cost-effective projects, and a greener footprint โ€“ all wins for the AI community.

Security gets better too. AWS and Nvidiaโ€™s combined technologies work together to create a secure environment for your AI projects. No unauthorized access to your data, just pure innovation.

AWS puts it simply: they're making it possible to build and run advanced AI projects on a massive scale, faster, and more securely than before.

African fashion becomes more social with Maka

๐Ÿ”Ž Finding โ€œtry-onโ€ influencers

Imagine scrolling through social media, but instead of just seeing perfectly curated photos, you see real people trying on clothes and giving reviews.

That's the idea behind Maka, the newest app for African fashion.

It provides a platform where users can explore different styles and find inspiration from real people, not just unrealistic models.

Founded by Diana Owusu-Kyereko, Maka is all about building trust and empowering users.

โ“๏ธ How it works

Unlike traditional online shopping where you might be unsure about quality or fit, Maka uses video. You can connect with creators - who try on clothes and share their experiences, making it easier for you to find an outfit.

  • You can also share your own style and reviews with the Maka community through short form videos

But Maka isn't just about trendy clothes. Owusu-Kyereko recognized a gap in the market - young Africans who crave authenticity and self-expression.

It has already got over 550,000 downloads and secured $2.65 million in funding to fuel its growth.

๐Ÿ“ฐ Follow our socials too!

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