Jumia, Konga seek $4.7 billion, $3.2 billion from IPOs
Jumia and Konga, two major players in the eCommerce market are creating visible excitement in the space with eye-catching listing of their shares on the international market.
Don wants tech startups to emulate Konga model
A former Vice-Chancellor of the University of Lagos, Prof. Oye Ibidapo-Obe, has advised tech startups to emulate the new Konga. He gave this charge at the weekend in Lagos, during an engagement with budding entrepreneurs, business owners and other Ph.D. students in Lagos. According to Ibidapo-Obe, Konga has sprung a surprise in the last six…
How firms can leverage on technology to improve customer’s satisfaction, sales by Ilias
Aliyu Ilias is the Director, Nigeria Customer Service Awards Limited and Author of Understanding Customer Experience in Africa. In this interview with Emeka Nwachukwu, the customer relationship expert reveals how firms and businesses could increase sales and profitability by leveraging on the available digital space. He further shared information about the Nigeria Customer Experience Management…
Konga to invest N2.9b in K-Xpress for e-commerce logistics
Electronic Commerce firm, Konga is set to invest N3.5 billion in K-Xpress, its logistic arm, for better service delivery.
Dangote is most valuable brand in 50 top brands
Dangote, a wholly Nigerian brand, has been voted the overall valuable brand in the 2018 Top 50 Brands. It replaces MTN Nigeria at the top with 87.4 points against 80.8 point for MTN. Dangote had, in previous editions, held the position of most valuable Nigerian brand but having emerged the most valuable brand overall, that…
Is a new NIPOST possible?
I doubt if even a first-rate seer would have given consideration to a new, improved postal system for Nigeria some three years back. Not even under the messy mud...
‘How Konga-Yudala merger impacts e-commerce sector’
Despite significant optimism of an unprecedented upsurge in global e-commerce spend, which is widely expected to gross $4.058trillion or 14.6 per cent of total retail spending by 2020, e-commerce in Nigeria and on the African continent is still largely untapped.
Konga, Yudala merger takes effect May 1
Konga, Nigeria’s largest online mall and Yudala, Africa’s pioneer composite e-commerce company have officially announced a merger of their operations which will see them effectively become the biggest organized retail and e-commerce/marketplace outfit on the African continent.
Konga in landmark merger with Yudala to strengthen eCommerce
In a landmark industry achievement, Konga, Nigeria's online mall and Yudala, Africa's pioneer composite e-commerce companies have officially merged their operations. This will see them effectively become the biggest retail and e-commerce outfit on the African continent. The business merger, which takes effect from May 1, will see both companies operate under the Konga brand…
Konga, Yudala may merge this month
Konga, the e-commerce giant recently acquired by Zinox Group, may merge with Yudala this month, sources close to the two companies said.
‘Why Zinox group acquired 99% shares of Konga’
After months of strategic negotiations with foreign investors Naspers and AB Kinnevik, the Zinox Group, Nigeria’s integrated ICT solutions conglomerate and Original Equipment Manufacturer (OEM), is now the majority shareholder in e-commerce giant, Konga. The move is expected to raise the profile of e-commerce in the country. A top official of…