It's been quite a dispiriting past week for eCommerce in Nigeria. First came the news that Zinox acquired Konga for a rumoured paltry sum. Then on Wednesday, OLX revealed plans to shut down physical operations in Nigeria.
These have raised questions about the viability of eCommerce in Nigeria. Will Nigerians ever fully embrace buying and selling online or will we always be a touch-and-feel nation? What is the future of eCommerce in Nigeria?
This week on Techpoint
3 possible reasons Leo-Stan Ekeh bought Konga.
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It seems major investors in Konga lost a combined 93% return on investment.
Investing in African startups: The good, the bad and the hopeful.
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Placements.ng: The journey from FUTA to Washington DC.
Bulletpoints
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Former GoMyWay CEO, Damilola Teidi is now Director of Incubation at CcHub. Link.
- Who your startup epp? Link.
- Twitter records first ever profit. Link.
- Vacancy at Google Nigeria, openings for web developers in Lagos, Ibadan and more. Link.
