‘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…
‘Konga is committed to customer satisfaction’
Online shopping platform, Konga has said that it is committed to customer satisfaction.
Growth of e-commerce gives rise to sophisticated African digital consumer
After scouring the store for a new pair of sneakers, Paballo Molahlehi finally lands on the one that catches her attention.
‘Competition is good for business growth’
For any business, competition is good. The moment you take competition away, you relax. When you have competition, it will compel you to do more than what you plan to do.
Nigeria’s e-commerce sector searches for new strength
The glint in the eyes of the buyer and renewed spring in the steps are a sight to behold. “For now, at least, e-commerce will struggle to completely wipe away this culturally-ingrained shopping behavior.”