The affected workforce include: the operations, logistics and the sales team. Quite surprisingly, it is learnt that the firm’s Warehouse has been shut.
On the one hand, this development, if it’s anything true, might be due to the firm’s decision to have a business-switch by cutting the exorbitant expenses it has been expending on its activities and general staffhood, or just a downright business innovation, newly conceived. In any case, we don’t have enough handy information owing to the firm’s private nature.
Lately, Ab Kinnevik oiled-up Dealdey with $5 million in order to aid the firm’s foray into other cities in Nigeria. The closure of the firm’s warehouse is a warning signal. could it have been due to the exorbitance of running one, the high-rate of paying staff salaries, or as rumoured, the firm delving into classifieds? If the last speculation were to be it, it might be very herculean for Dealdey to do so, having OLX as its progeny. Perhaps, Dealdey is trotting-off just as ebay did, in the past. Who knows…
The new Managers of the firm have been reached to confirm the veracity of this flying-about news.
Jan. 18: Bonus Built in Africa episode: Town Hall meeting with Peter Salovey, President of Yale University
On March 25, 2021, Techpoint Africa will be hosting the brightest minds in decentralised finance/crypto at the Digital Currency Summit tagged “Building the money of the future” Click here for more details, registration and sponsorship. Location: Fourpoint by Sheraton, V.I. Lagos
Report: Millionaire West African startups” raised over $1.806 billion between 2010 and 2019, 97.9% of which went to Nigerian startups. Get a free overview and 50% purchase discount here.
I am as cool as the droplets of Chipewa falls. I am one writer that’s keen on self-reinvention. [email protected]