NewswatchNigeria can report that big names in the Nigeria’s e-commerce ecosystem, Konga and Yudala have officially merged.
The two companies have merged to operate under under Konga brand name. And Tuesday May 1st 2018 have been announced as the official operational take-off of the merger.
The merger has been described as business oriented strategic decision to broaden the scope of organised retail and e-commerce sector in Nigeria.
According to Konga Chairman, Olusiji Ijogun who confirmed the business merger said, “Combining forces to power the new Konga will enable us effectively achieve our goals of platform expansion and accelerated growth, as we embark on ambitious journey to redefine the e-commerce ecosystem with the most advanced technology.”
As also gathered, the new Konga brand would operate online and offline. While the duo of Nick Imudia would be the Chief operating Officer for online among others, Prince Nnamdi Ekeh would be responsible for offline.
“The efficiency of Konga’s cutting-edge on online platform, access to thousands of merchants and Yudala’s expansive network of fully stocked offline stores is poised to give our customers the best shopping experience imaginable. We will be working closely with all our combined clients, customers, merchants and employees to make the integration process as seamless as possible and thereafter make public our road map to sustain our leadership on the continent,” Ijogun added.
The duo Imudia and Ekeh have expressed delight on the merger stating that the strategy comes shopping convince for customer with increasing business opportunities for merchants nationwide.
They added that Plans are underway to showcase the full power of the merger with expanded access to thousands of products in Konga online and offline stores for all categories of shoppers.
“We are very excited about the operational merger between Yudala and Konga into the new Konga. A merger of this magnitude has never been experienced in Africa. We will be leveraging on Konga’s strong technology backbone and online experience as well as Yudala’s offline experience, network of retail stores and operational efficiency.
“In the near future, we plan to have a Konga store in every local government area in Nigeria. While this is ambitious, we believe that every Nigerian deserves the right to have access to the full range of genuine products offered by Konga,” Prince Ekeh said.
According to Imudia, “shoppers, consumers, merchants and clients should stay tune as we unveil the massive ambitious contents we have to offer.
“The Konga Business platform will now include two distinct but fully integrated aspects including Konga Online, the e-commerce/marketplace platform and Konga Retail, the offline arm of the business. Both will be supported by Konga Pay, a CBN-licensed mobile money platform and Konga Express, a world-class logistics company with advanced delivery capabilities for internal and external customers.”
