#gloo.ng

More operators quit $17b e-commerce sector

• How poor logistics, infrastructure, distrust hinder players • Fake products, bad customer service worry consumers • Ghana beats Nigeria on global average spending

Concerns are mounting over rising cases of exits and divestments among operators in Nigeria’s $17 billion electronic commerce (e-commerce) sub-sector of the information and communications technology (ICT) industry.

Findings by The…

More operators quit $17b e-commerce sector

Concerns are mounting over rising cases of exits and divestments among operators in Nigeria’s $17 billion electronic commerce (e-commerce) sub-sector of the information and communications technology (ICT) industry.

Findings by The Guardian showed that with about a decade into Nigeria’s e-commerce revolution, not fewer than 10 operators have either exited the space or completely divested their…

Nigerian online grocery startup, Gloo.ng finally announces Gloopro; a pivot to e-procurement

Nigeria’s e-commerce startup, Gloo.ng has finally announced a pivot from its former e-commerce business to e-procurement.

According to an announcement published in TechCrunch,  founder and CEO, Olumide Olusanya confirmed that “Gloo.ng, is going to be rested and shut down completely. The corporate name will be PayMente Limited with the brand name Gloopro.”

The new business will focus on business…

Nigeria’s Gloo.ng drops consumer e-commerce, pivots to e-procurement

Nigerian startup Gloo.ng is dropping consumer online retail and pivoting to B2B e-procurement with Gloopro as its new name.

The Lagos-based venture has called it quits on e-commerce grocery services, shifting to a product that supplies large and medium corporates with everything from desks to toilet paper.

Gloopro’s new platform will generate revenues on a monthly fee structure and a percentage…

“There’s no strong need for eCommerce in Sub Saharan Africa” – Gloo Founder, Olumide Olusanya

According to Internet World stats from December 31, 2017, there are 453.3 million estimated Internet users in Africa. In spite of this figure, Olumide Olusanya thinks there’s no strong need for eCommerce in the Sub Saharan African region.

By February 2019, the eCommerce business of Gloo will be joiningthe likes of DealDey as Nigerian eCommerce businesses that have closed shop. Olusanya is the…

Nigerian online grocery startup, Gloo is shutting down ecommerce operations

Seven years after its launch in June 2012, one of Nigeria’s pioneering online grocery startups Gloo.ng just announced they will be shutting down ecommerce operations in February.

The information was sent out on Twitter from @docolumide, the official twitter handle of Olumide Olusanya, founder and CEO of the company, or ‘Chief Glootian’ as he likes to be called.

https://twitter.com/docolumide/stat…

List of online shopping sites in Nigeria { Only The Best }

List of online shopping sites in Nigeria { Only The Best } 2016

In our quest to serve you with the best and accurate information, we are taking picks among the present trends. One of such trend is online shopping, so we came up with the current best of the best of list of online shopping sites in Nigeria, taking into consideration the reliability and user experience of customers and people on…

The Maverick’s Guide for Startups ready to kill “Pay on Delivery” eCommerce Model

Thanks to Jumia and Konga, we can now buy something online and expect it will be delivered free of charge. And we don’t even have to worry about paying for the goods on delivery if we don’t like it anymore. Meaning that we can simply change our minds, anytime.

That is the joy of the Pay on Delivery model. It leads to impulse decision which you don’t have to back up with your money. This is…