Africa’s two leading e-commerce startups, Jumia and Konga, topped their 2015 Black Friday merchandise sales in Nigeria—even as the country weathers currency volatility and recession. The shopping spree of the continent’s most populous nation has become a de facto test event for each venture’s business model. Collectively backed by over $400 million in VC funding, both… Read More
from TechCrunch https://techcrunch.com/2016/12/02/nigerias-black-friday-sales-test-the-e-commerce-models-of-startups-jumia-and-konga/?ncid=rss
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