Konga

chika ebuzor

March 15, 2015 1:45 PM

Konga’s third-party retail platform- konga Mall was launched in 2014.It setup a lot of merchants in Nigeria.Konga's Marketplace featured 8,000 merchants, beating its internal targets of 1,000 merchants eight-times.

The Sim shagaya owned Konga.com is an e-commerce platform that offers direct retail and a third party online marketplace that displays almost all consumer categories and consumer electronics. Konga was founded in July 2012 and by 2013 she entered the top 12 most respected company list.

The online mall got a break when seed funding came from international angel investors.Prior to that time they were a lagos based online retail platform with limited goods to offer.The saddest day for Konga customers was November 29th 2013, the day they woke up to find out that konga had crashed due to large amount of traffic on the site.The technical team got the site up exactly after 45 minutes.

Konga’s third-party retail platform- Konga Mall was launched by the end of 2014. An opportunity that setup a lot of merchants in Nigeria.Konga's Marketplace featured 8,000 merchants, beating its internal targets of 1,000 merchants eight-times.

Their innovative black Friday promo in 2014, landed them a whooping $3.5 million from orders.Konga’s revenue grew 450% that same year. Industry watchers say the growth Konga posted also encouraged its investors to add a $40 million Series C round of funding from AB Kinnevik and Naspers,the largest single round raised by a single African startup to date.

Konga is currently the most visited Nigerian website according to an official ALEXA ranking In January 2015. CEO Sim Shagaya says; “Konga leads the field in Nigeria today.

chika ebuzor