Omidyar network invests in Hotels.ng

chika ebuzor

May 27, 2015 8:13 PM

Omidyar says they are focused on supporting new digital solutions.

Omidyar network invests in Hotel.ng

Hotels.ng, Nigeria’s largest hotel booking platform, has received a round of seed funding from Omidyar network.

The investment is part of Omidyar’s effort to boost internet and mobile initiatives.

Investments director at Omidyar Network, Ory Okolloh, said: “Omidyar Network knows firsthand the power of e-commerce to drive social and economic development. Hotels.ng hits all the marks of an investment with positive impact by leveraging online technology to connect buyers and sellers, supporting local small and medium businesses, and boosting consumers’ confidence in digital channels.”

Mark Essien, CEO and founder of Hotels.ng said: “As Nigeria emerges as a travel destination and attracts investment of the big international hotel chains, Hotels.ng offers small, family -owned properties an easy and cost-effective way to compete for new clients and expand their business. Omidyar Network was a logical partner for us, as their social mission is very aligned with our own and e-commerce is in their DNA.”

chika ebuzor