‘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.
‘Yudala to be profitable by 2020’
Pioneer online and offline e-commerce outfit, Yudala, is hoping to become profitable by 2020.
Yudala to be Africa’s first profitable ecommerce firm- Ekeh
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…
eCommerce sector bouys with ‘Black Friday’ operations
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 plans massive’ 11/11-12/12 promo
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.
Six ways to stay safe on public Wi-Fi
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.
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.”