Tendo Secures Renew Capital Funding to Power Social Media eCommerce
- Tendo received investment from Renew Capital to aid in its expansion.
- The startup allows individuals to sell online without needing to buy inventory upfront.
- Resellers can set their own profit margins and promote listings on social media platforms.
Tendo's innovative approach to e-commerce has the potential to significantly empower individuals in Africa, fostering entrepreneurship and economic growth. However, the success of such models will depend on the scalability of their operations and the ability to maintain quality and trust in the supply chain.
