Yudala and Konga.com at the weekend announced a merger between the two giant e-commerce outfits.
The decision emerged after Zinox technologies, owners of the Yudala brand, acquired Konga in February.
Before it was acquired, Konga was one of Nigeria’s largest online malls and Yudala, pioneer composite e-commerce company was also a strong offline and online retail shop.
The merger will kick off officially from Tuesday May 1st 2018 and will see both companies operate under the KONGA brand name.
It is expected to facilitate operations that can see them effectively become the biggest organized retail and e-commerce/marketplace outfit on the African continent.
Konga was said to worth over $34 million, has 184,000 active users which is 80% mobile based.
The strategic decision will see the new company leverage the combined strengths of both platforms to broaden the scope of organized retail and e-commerce in Nigeria and deliver more value to customers and merchants.
