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, 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.

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, the e-commerce giant recently acquired by Zinox Group, may merge with Yudala this month, sources close to the two companies said.

Pioneer online and offline e-commerce outfit, Yudala, is hoping to become profitable by 2020.

Prince Nnamdi Ekeh, Vice President of Yudala, pioneer online and offline e-commerce outfit, has disclosed that the company is set to hit a path of profitability by 2020, thereby making it the first e-commerce company in Africa to return profits within its first five years of operations. Prince Ekeh noted that the facts and figures…

The Nigerian electronic commerce sub-Sector, estimated to worth $10 billion (N3.06trillion) is agog, as players have renewed competition with ‘Black Friday’ sales initiatives.

Yudala, Nigeria’s pioneer online and offline e-commerce outfit is putting finishing touches to a massive year-end promotion touted to be the biggest e-commerce marketing campaign in Nigeria this year.

Yudala, Nigeria’s pioneer online and offline e-commerce outfit is putting finishing touches to a massive year-end promotion touted to be the biggest e-commerce marketing campaign in Nigeria this year.

With data connection rates still comparatively pricey in Nigeria, Wi-Fi hotspots are often a source of joy for most smartphone/device users in need of some free Web browsing or social media time.

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.”

“The process commenced a few months back and was concluded about a couple of weeks ago. We are happy to see the number one e-commerce and pioneer composite retail company take charge.