Long seen as one of the fastest growing and most opportunity-laden markets on the continent, Nigeria’s ecommerce space had a challenging February. One of the country’s flagship ecommerce ventures, Konga, which raised substantial backing from the likes of multinational conglomerate Naspers and was once seen as the major competitor to market leader Jumia, was acquired by Zinox for far less money than it had raised. Konga is now set to be merged with another Zinox portfolio company — Yudala. Meanwhile, Naspers was also at the heart of another piece of bad news for the Nigerian ecommerce space as it scales…
This story continues at The Next Web
Or just read more coverage about: Uber
No comments:
Post a Comment