Top 5 impacts of Konga, Yudala merger

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The Information and Communication Technology (ICT) industry watchers at ITRealms, have been keen on the examination of key impacts of the recent merger between Konga and Yudala, summed up in five pointers.

Despite significant optimism of an unprecedented upsurge in global e-commerce spend which is widely expected to gross $4.058 trillion or 14.6 per cent of total retail spending by 2020, e-commerce in Nigeria and on the African continent is still largely untapped.

Till date, majority of players in the sector are locked in a battle of attrition in their bid to turn profitable. Many others have lost the battle and quietly exited the scene. The list of such failed ventures is seemingly endless.

Recently, an operational merger between two e-commerce giants, Konga and Yudala was announced – a piece of news that has dominated headlines for the past one week. 

According to the official announcement released by the management of both companies, the business merger, which takes effect from Tuesday May 1^st 2018, will see both companies operate under the Konga brand name and with dual CEOs in the persons of Nick Imudia who will be in charge of online among others and Prince Nnamdi Ekeh who will be responsible for the offline arm of the business.

Founded in 2012, Konga has featured prominently in the news in the past couple of months following its acquisition by Nigerian tech giants, Zinox Group, after months of intense negotiation with the company’s erstwhile majority investors, Naspers and AB Kinnevik.

A merger between Konga and Yudala is a master strategy that undoubtedly has the potential of finally cracking the e-commerce bug in Nigeria and beyond.

Here are five reasons why:

Strongest e-commerce force in Africa: The merger between Konga and Yudala has ultimately transformed the new Konga brand into a strong e-commerce group, arguably the biggest on the African continent. By virtue of the shared resources that will naturally benefit the brand from the merger including sheer size, human resources capacity, massive warehousing capabilities, increased reach and wider array of products, services and offerings at its disposal, industry watchers and other experts are unanimous in their position that Konga can finally rise as an e-commerce force that can rival some of the world’s biggest such as Amazon and Alibaba.

Improved customer experience: One of the major obstacles that has prevented e-commerce from taking off in Nigeria is shoddy customer experience. With Konga and Yudala merging operations, there is renewed hope for the average customer, especially when one considers a fusion of Konga’s world-class online platform and Yudala’s ubiquitous network of physical stores. Both platforms are efficient, highly responsive and respectively best in class in the industry. With this merger, perhaps, the time has come to look forward to a highly improved shopping experience, one that has largely eluded many in the industry.

Cutting-edge Technology: Konga is primarily a technology company, one that has invested heavily in technology and crucially reliant on cutting-edge tech to drive its operations.  By merging forces with Yudala, another technology-driven business and leveraging on the huge access to technology at the disposal of its parent company, the Zinox Group, there is a golden opportunity to improve the ease and convenience of the shopping experience, a factor that has recurrently featured as one of the pain-points of e-commerce.  Through the deployment of technology in automating most of the processes that have previously encumbered shoppers, including products classification, stocking, check-outs, logistics and delivery, among others, a fresh dawn seems imminent for e-commerce in Nigeria. Should the new brand live up to expectations by deploying a predominantly automated, user-friendly range of cutting-edge tech solutions, it will succeed in creating a frictionless e-commerce experience that will set a standard for the continent.

Better logistics/delivery: Many e-commerce companies across Africa leave a lot to be desired when it comes to service level expectations in logistics/delivery. Items take days or even weeks to get to the final user, even in urban city centres, leading to a situation in which many potential shoppers would rather prefer to visit a physical/brick-and-mortar store to purchase or personally pick-up their items.  In Konga Express, Konga boasts an excellent logistics company with advanced delivery capabilities for internal and external customers. Through the expected new investment that will come in through the Yudala merger, shoppers can finally look forward to a more reliable delivery option. Further lending a sense of excitement is the multiple pick-up locations which Yudala’s nationwide network of store locations offers.

Overcoming distrust by cracking mobile payments: Trust remains a major issue that has kept e-commerce in Africa from reaching its much-vaunted potential. A number of potential shoppers are wary of scams, a legitimate concern which prevents many from disclosing their credit/debit card/financial information and buying online. Although Konga announced a ban on payment on delivery (POD) before its acquisition by the Zinox Group, there are possibilities that this policy could be rescinded in the light of the merger with Yudala. Furthermore, through Konga Pay, a CBN-licensed mobile money platform, Konga has a fitting tool with which to crack the mobile payment bug. By positioning Konga Pay prominently as a secure platform and doing the hard work at the back-end to assure online transactions are effortlessly and safely carried out, e-commerce may just be on the verge of exploding in Nigeria and beyond.

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The koko of Konga, Yudala merger

ITREALMS:

For the followers of trends in the nation’s electronic commerce industry in Africa and particularly in Nigeria, the recent eventual merger between Konga and Yudala, did not come as a surprise.

The koko, ITRealms reveals, as said the local parlance in Nigeria on this matter, is that the newly acquired Konga by Zinox Group has finally merged with Yudala, among other things to change for good the face of the largest e-commerce conglomerate on the continent.

The acquisition of Konga, if anything else has been proclaimed a highly strategic movement; ushering in supreme leadership of the e-commerce space per Africa as anticipated by industry watchers and the merger was concluded last Sunday April 15th, 2018 in Lagos.

For a second, a few industry watchers predicted Yudala was subsume Konga as an older in-house brand, but Konga took the shine with a new logo depicting the latest status.

By far, what some other industry watchers are seeing is that Yudala is not done yet and could and definitely be up for another surprise in enlargement of the coast for the Zinox Group.

Recalling in effect, that in their views earlier, a merger between both companies will involve a synergy of Konga’s impressive online platform and robust technology as well as Yudala’s ubiquitous physical store presence and access to genuine products.

Equally, the merger will significantly raise the combined market share of both companies, effectively making the emerging force the biggest e-commerce company in Nigeria.

Whereas there is widespread optimism that the combined strengths of Konga and Yudala will significantly broaden the scope of e-commerce in Nigeria, but will also go a long way in improving consumer experience by lending more ease and convenience to the shopping process, offering more options to potential and existing shoppers and expanding access to an even wider range of products, services and solutions for Nigerians.

ITRealms recalls that Konga, founded in July 2012, has proven dominance until its latest acquisition by the Zinox Group, following months of intense negotiation with major investors, Naspers and AB Kinnevik.

And as soon as accomplished, Zinox Group delayed no further in proclaiming a few strategic management changes including the appointment of Olusiji Ayodele Ijogun, a seasoned and widely experienced technocrat as Chairman and Nick Imudia, a renowned business leader and former Vice President of Nokia as Chief Executive Officer (CEO).

On the other hand, Yudala, prides itself with enviable status of being Africa’s pioneer composite e-commerce company that was launched a little over two years ago, Yudala's ambitious retail roll-out strategy and network of physical stores has helped the company reach many unserved and under-served members of the Nigerian populace. The company has also been bold in making a statement of intent with its emphasis on genuine products and best prices.

Finally, the reiteration of the koko of the merger may not after all be out of place as to whom much is given, much is expected as we say welcome to the merger and a bigger Konga to the industry.

Remmy Nweke/ED, Ops

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Pix 1: Konga Chairman, Olusiji Ijogun (middle) poses with dual Chief Executive Officers, Nick Imudia (left) and Prince Nnamdi Ekeh (right) during the official announcement of the operational merger between Konga and Yudala on Sunday April 15th, 2018. Both companies will now operate under the Konga brand. 

Pix 2: Konga Chairman, Olusiji Ijogun (middle) congratulates dual Chief Executive Officers, Prince Nnamdi Ekeh (third right) and Nick Imudia (third left) as Marketing Lead, Seye Bandele (left); Vice President, People Engagement, Ikeoluwapo Adebowale(second left); Vice President, Offline Retail, Kalu Johnson (second right) and B2B Lead, Loretta Agbakoba (right) look on during the official announcement of the operational merger between Konga and Yudala on Sunday April 15th, 2018. Both companies will now operate under the Konga brand. 

e-Commerce Lead: Konga, Yudala likely to emerge

ITREALMS:

The newly acquired Konga by Zinox Group is very likely to merge with Yudala, to become the largest e-commerce conglomerate in the continent, ITRealms can authoritatively report.

This latest mulling of a merger, was also hinted by the Punch Newspapers, in what is widely seen as a highly strategic move that will see them ultimately assume leadership of the e-commerce space.

ITRealms also gathered that the merger will take effect from the month of April 2018.

However, the overwhelming position among industry experts point to the merger of Konga and Yudala as a potential game-changer for e-commerce in Nigeria. In their view, a merger between both companies will involve a synergy of Konga’s impressive online platform and robust technology as well as Yudala’s ubiquitous physical store presence and access to genuine products.

In addition, the merger will significantly raise the combined market share of both companies, effectively making the emerging force the biggest e-commerce company in Nigeria.

Furthermore, there is widespread optimism that the combined strengths of Konga and Yudala will not only significantly broaden the scope of e-commerce in Nigeria, but will also go a long way in improving consumer experience by lending more ease and convenience to the shopping process, offering more options to potential and existing shoppers and expanding access to an even wider range of products, services and solutions for Nigerians.

Founded in July 2012, Konga has dominated the news recently after its acquisition by the Zinox Group, Nigeria’s tech giants after months of intense negotiation with major investors, Naspers and AB Kinnevik. The company had wasted no time in announcing a couple of strategic management decisions, with the appointment of Olusiji Ayodele Ijogun, a seasoned and widely experienced technocrat as Chairman and Nick Imudia, a renowned business leader and former Vice President of Nokia as Chief Executive Officer (CEO).

Yudala, on the other hand, holds the enviable status of being Africa’s pioneer composite e-commerce company. Launched a little over two years ago, Yudala's ambitious retail roll-out strategy and network of physical stores has helped the company reach many unserved and under-served members of the Nigerian populace. The company has also been bold in making a statement of intent with its emphasis on genuine products and best prices.

Nenye Dom/GEE

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Yudala to top Africa’s eCommerce profitability index

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The Vice President of Yudala, pioneer online and offline e-commerce outfit, Prince Nnamdi Ekeh, has predicted that the company is set to top Africa’s electronic commerce (eCommerce) industry on the path of profitability by 2020, reports ITRealms.

This, ITRealms gathered would mark the first five years of operations of Yudala.

Speaking on the sidelines of Unusual Praise 2017, a gospel concert hosted by the Catholic Church of Divine Mercy in Lekki, Prince Ekeh noted that the facts and figures on ground show that Yudala is on track to set another record in its journey in the Nigerian e-commerce industry.

“At Yudala, our strategy is clear and distinct from anything else on offer in the market today. Our fusion of online and offline is not only futuristic, but one that has being copied by other global e-commerce giants. On the back of this, we have seen a consistent growth trajectory that will see Yudala emerge as the first profitable Nigerian e-commerce company by 2020,” Prince Ekeh said.

He further said, “… We are renowned as arguably the most credible source of genuine products in the e-commerce sub-sector today. Every item on the Yudala platform, online or offline, is sourced directly from the manufacturers and this has clearly distinguished the Yudala brand in the marketplace.

“In addition, we possess superior logistics and delivery timelines that have endeared us to shoppers. As a result, we have consistently seen repeat purchases from our customers. In most cases, we have also been able to win over new shoppers, the majority of whom, having patronized other platforms, have not looked back since their first experience of Yudala. Aligned to the foregoing is the passionate, committed and highly professional team we have in the company, all of whom have continuously displayed the hunger and capacity to deliver on our mandate.

“Finally, we have God. You will agree with me that, with all these factors in place, the sky is just the starting point for us,” he enthused.

When asked if Yudala will follow the example set with Unusual Praise by supporting other religious concerts in future, Prince Ekeh revealed that the company will be sponsoring about five other concerts in 2018.

“We have a budget for these events and in 2018, we will be supporting other religious events, including Islamic ones. Yudala is a platform for all and we respect the diversity of faith we have in the country,” he said.

Launched a little over two years ago, Yudala has more than held its own in Nigeria’s keenly-competitive e-commerce sector, with the company’s futuristic fusion of an online platform with a chain of brick-and-mortar stores located nationwide instantly setting it apart from inception.

And despite the well-known struggles of other established players in the sector, Yudala has continued to post impressive results, a trend that has seen optimism of the company soon turning the corner of profitability.

Continuing, he noted: “We are aware of the challenges faced by players in the e-commerce sector. Research at our disposal indicates that less than 30 per cent of African e-commerce startups are profitable, with many of them hampered by lack of trust, shortage of financing, logistical difficulties and the largely-traditional approach to shopping still in play among these economies.

“Here in Nigeria, the case is hardly different as we have seen many e-commerce start-ups exit the scene prematurely while the older ones have also consistently posted huge losses.

“However, the story is different at Yudala. This is down mainly to our sound business model and approach. Indeed, while our investors expect us to deliver profits by 2022, our ambition is to surprise them by achieving this milestone earlier,” he concluded.

Apart from its ambitious retail roll-out strategy and network of physical stores which has helped the company reach many unserved and under-served members of Nigeria’s over 190 million population, Yudala has also been bold in making a statement of intent with its emphasis on genuine products and best prices, aligned to a number of landmark innovations and eye-catching strategies which has endeared it to an ever-growing audience.

In addition to pulling off the first recorded instance of a product delivery via drone in 2015 – a feat which captured the imagination of the e-commerce world - Yudala has succeeded in building up a steadily growing database of loyal customers, many of whom have come to rely on the company for the assurance of genuine products and unmatched best prices in the market-place which it stands for.

Earlier in 2017, the company acquired Yes Mobile, a cosmopolitan high-value retail outfit with a multiplicity of stores in Lagos in what industry watchers described as a strategic duplex acquisition; one which went a long way in showing the level of ambition and determination to lead in the retail space currently driving the company. 

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Yudala offline marketplace excites Nigerians

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It was a rain of mega deals and all-round excitement last Saturday December 2nd as  pioneer online and offline e-commerce outfit, Yudala officially launched its weekly Offline Marketplace at its corporate headquarters located at Redemption Crescent in Gbagada, Lagos, reports ITRealms.

Sources at Yudala confirmed to ITRealms that every Saturday, the Yudala Offline Marketplace will offer shoppers a variety of genuine products at the best prices in the company’s premises at Gbagada.

With a wide range of products on display including cosmetics, home and kitchen appliances, computing, electronics, mobile phones, wines and spirits, Fast Moving Consumer Goods (FMCG) including rice, vegetable oil, beverages, cereals and other items from a host of premium brands, the Yudala Marketplace provided a unique opportunity for eager shoppers to get their early Christmas shopping underway.

For a number of Lagos residents, many of whom came from locations such as Anthony Village, Oworonshoki, Bariga, Ikeja, Oshodi, Maryland, etc., the marketplace ambience provided by the presence of a number of top brands and best-priced products went a long way in making it a worthwhile shopping experience.

“I came here with my wife specifically to get a feel of the marketplace experience which Yudala had promised. I was not disappointed. There were so many products to choose from and at very good prices too. In addition to buying some much-needed items for Christmas such as bags of rice, oil and some wines; my wife was equally able to buy a number of cosmetics for herself. We will certainly be returning here next Saturday to get more items,” opined Mr. Nathan Ikechukwu, a medical professional who came all the way from Ikeja.

Further spicing up the event was ace comedian Akpororo, supported by a strong cast of entertainers including Mr. Patrick, Laff Doctor, Memory Card among others who were on ground to thrill attendees to an exciting time on Saturday, with loads of rib-cracking jokes, musical performances, dance competitions and special price offers on a number of products.

The Yudala Offline Marketplace continues next Saturday December 9th 2017 at the Yudala headquarters from 9am – 5pm, with special offers in stock for individuals, small businesses, professionals, cooperatives and other groups.

Uj. N. Dominics/GEE

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Akpororo, others storm Gbagada for Yudala offline marketplace launch

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Ace comedian Akpororo and a host of other entertainers are expected to storm Redemption Crescent in Gbagada, Lagos; headquarters of pioneer online and offline e-commerce outfit Yudala, as the company officially launches its Offline Marketplace on Saturday December 2nd, 2017 from 9am-5pm.

The Yudala Marketplace will offer shoppers an assorted variety of genuine products at best prices from top brands such as HP, Apple, Samsung, Infinix, Tecno, Nokia, Huawei, Dell, Lenovo, Haier Thermocool, LG, Zinox, InnJoo, Polystar, APC by Schneider, Hennessy, Moet and Chandon, Remy Martin, and much more. Also on offer are products from a host of premium FMCG brands such as Nestle, PZ, Suntory, Philips and others.

Among the wide range of items expected to go on sale every weekend from December 2nd, 2017 at the Yudala Building in Gbagada are washing machines, gas cookers, air-conditioners, microwaves, cameras, games and consoles, laptops, printers, inverters, freezers, TV sets, UPS, stabilizers, rechargeable fans, toasters and sandwich makers; beverages and cereals including Milo, Choco Milo, Golden Morn, Nido milk, Pure Life water, Ribena, Lucozade, Lucozade Boost, Horlicks and bags of rice; variants of cooking oil from brands including Mamador and Kings; personal care products such as cosmetics, hair clippers, face shavers, face stylers and grooming kits, hair removal and hair care; kitchen appliances such as air fryers, coffee makers, electric kettles, food processors and blenders, among others; lighting products such as LED lighting, LED lamps and tubes, indoor luminaires and outdoor luminaires as well as household products including vacuum cleaners, electric irons, TV sets, Home Cinema sound and portable audio, etc.

Head of Offline Retail, Oyeronke Atoyebi affirms the unique opportunity the Yudala Marketplace will afford millions of Nigerians who will benefit from the landmark initiative.

“With the Yudala Offline Marketplace, we are recreating the open market environment many Nigerians are traditionally used to, right here in our office. What’s more, you are assured the double Yudala guarantee of shopping guaranteed genuine products all sourced directly from the manufacturers and best prices that you cannot find elsewhere. Christmas is around the corner so the Yudala Marketplace is a great opportunity to get all your Christmas shopping needs at prices that make sense.

“Plans are also in place to replicate the Yudala Offline Marketplace experience at other locations across Nigeria by leveraging on our physical presence in major cities in the country,” she disclosed.

With ace comedian Akpororo and other entertaining acts expected to thrill attendees at the Yudala Marketplace launch with rib-cracking jokes, alongside music, world class entertainment and a wide range of products on offer, anticipation is rife of an exciting time for residents of Lagos this weekend.

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Black Friday: Yudala records unprecedented spike in online traffic

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The Nigeria’s pioneer online and offline e-commerce company, Yudala, has declared recorded an unprecedented spike in online traffic following the proclamation on Black Friday, as at mid night, reports ITRealms.

The company confirmed to ITRealms that Nigeria shoppers were eager to take their turn at the company’s website, from midnight to be the first to take advantage of the company’s Black Friday offers, describing the traffic as unprecedented.

This year’s edition of Black Friday, a globally celebrated shopping festival, is being marked officially today, Friday November 24th, 2017.

Insights garnered from the shopping activity on the Yudala website show that online traffic on www.yudala.com commenced a steady spike from 11:49pm on Thursday night as early bird shoppers began to lay in wait for the official commencement of the Black Friday midnight rush for deals.

From 12am, traffic on the Yudala website had grossed over 50,000 hits, with shoppers who placed their orders between the hours of 12am – 1am enjoying an additional incentive of free shipping of their orders nationwide. Furthermore, Yudala had made available over 500,000 Early Bird deals on its website for shoppers who place their orders between the hours of 12am – 11:59am today, Friday November 24th.

Prince Nnamdi Ekeh, Vice President at Yudala disclosed that the company was determined to make it a memorable Black Friday for its teeming customers.

“If you are yet to visit the website www.yudala.com, now is the time to do so.  We had Mystery Products up on the website from 12am at 99% off so, from midnight on Friday, we were already processing loads of orders from shoppers who were taking advantage of our early bird deals. Electronics, mobile phones, home appliances, wines and groceries, consumer goods and computing products are among some of the most ordered items. Remember, the Early Bird Deals run till 11:59am today so there is still ample opportunity for many Nigerians to enjoy our unmatched offerings.

“If you miss the early bird deals, then you can take advantage of our Lunch Time Deals which runs from 12pm till 4:59pm today and if you fall into the class of those who prefer to do their Black Friday shopping later in the day, then you can enjoy our Sunset Deals from 5pm till 11:59pm. Also, shoppers who place their orders on the stroke of 11:11am or 12:12pm will get free tickets to the Yudala Christmas party.

“You also stand a chance to spin a wheel of fortune at six Yudala stores in Lagos today to walk home with a free gift. Simply visit any of the Yudala stores in Bode Thomas, Surulere; Admiralty Way, Lekki; The Palms Shopping Mall; Medical Road, Ikeja; Redemption Crescent in Gbagada or the one at Cherub Mall on Lekki-Epe Expressway to experience what Black Friday is all about, courtesy of Yudala.

“No other company offers you all of these mouth-watering options for Black Friday: best prices, mega deals and genuine products. With Yudala, You Live Well,” he concluded.

Interestingly, Yudala is also adding an extra dimension on social media for its walk-in customers.

For shoppers who find their way to the Yudala Experience Store at The Palms Shopping Mall in Lekki today, there is a unique opportunity to follow the “Make a wish” live feed on Instagram at the store.

Yudala has generated loads of frenzy on its Instagram live feed where the company is giving followers a chance to make a wish and see it fulfilled. Many lucky followers have won amazing freebies including laptops, mobile phones, electronics, shopping vouchers and other exciting give-away items through this medium.

*Admin@ITRealms

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Yudala commits to best prices nationwide for black Friday

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As Nigerians look forward to the global celebration of this year’s Black Friday on Friday November 24th 2017, Nigeria’s pioneer online and offline e-commerce company, Yudala has restated its commitment to offer shoppers guaranteed  best prices across its wide range of products online and in all Yudala stores nationwide.

According to Wole Ogundare, Managing Director at Yudala, the company’s commitment to best prices and genuine products cannot be matched anywhere else in the market.

“At Yudala, our motivation is to help You Live Well. This explains our commitment to offering you guaranteed genuine products at the best prices in the market, whether online, offline in the stores or in the open market. For this year’s Black Friday which is being marked officially on Friday November 24th, we have put together a wide assortment of products across various categories including Home Appliances, Computing, Electronics, Mobile phones, Lifestyle/Consumer Goods, Power Solutions, Food, Wines/Spirits, among others.

“We are not only offering you best prices across these product categories but Yudala is a pace-setter, so we are willing to take it even further. For Black Friday, if you find a lower price for a product certified as genuine by the Original Equipment Manufacturer or a lower price than the OEM-approved price for a product we carry, we will refund you the difference.

""This is proof that you can only get the best prices for all your shopping needs from Yudala,” he declared. “All you need to do is visit www.yudala.com or walk into any Yudala Store closest to you to enjoy our best price offerings.”

Plans are also in place to storm two locations in Ajah and Ikotun: Ajah Market beside Alesh Hotel, Ajah Bus Stop and the Roundabout by Conoil at Ikotun on Saturday November 25th for the next leg of the Yudala 11/11-12/12 Mega Black Friday offline neighborhood sales. Through this initiative, the company has given thousands of unreached and under-served Nigerians in various locations a chance to shop genuine products at special prices unmatched in the marketplace.

The excitement expressed by shoppers at previous locations including Festac, Trade Fair at Amuwo-Odofin, Ikorodu and Agege has been massive, with Yudala bringing smiles to the faces of thousands at each venue with special price slashes on a wide range of products.

Last Saturday November 18th, the Yudala 11/11-12/12 neighborhood train stopped at Ita Ilewa, Ikorodu and the Mosalashi Alhaja Market in Agege with two truckloads of products for many eagerly-awaiting shoppers in both locations who wasted no time in taking advantage of the amazing deals in its Mega Black Friday promotion.

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Black Friday: Yudala attracts massive turn-out, sells out @Festac, Trade Fair

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Saturday November 11th witnessed a massive turn-out in Sara Stadium, Festac and Trade Fair Complex at Ojo Alaba as Yudala made it a weekend to remember for scores of enthusiastic shoppers who took advantage of the amazing deals in its Mega Black Friday promotion tagged 11/11-12/12.

Determined to ensure that the unreached and under-served members of the public get a chance to enjoy the 11/11-12/12 Mega Black Friday deals, Yudala had stormed both locations by 9am with truck-loads of genuine products from various categories including Home Appliances, Computing, Electronics, Mobile phones, Lifestyle/Consumer Goods, Power Solutions, Food, Wines/Spirits, among others.

It turned out to be an opportunity of a lifetime for thousands of residents in Festac, Satellite Town, Amuwo-Odofin, Agboju, Alakija, Ojo Alaba and environs to shop genuine products at best prices unmatched in the marketplace.

For Mrs. Toyin Moroundiya, a lecturer at the Lagos State University, it was a dream come true.

“In fact, I didn’t believe it at first when I heard about it. I just rushed over and actually it is real. The TV set I had in mind to buy was available here and it’s actually half the price. This is awesome. I think everybody should take advantage of it. Yudala is real,” she gushed.

Another shopper, Arinze Obi, could not hide his excitement after grabbing a number of bargain deals on various items.

“Honestly speaking, I am so excited. At first, I was planning to go to the market to get some items at home and my budget was about N300,000. At the end of the day, I spent just over N150,000 here and I was able to get virtually all I wanted to go out and buy in the market. Left to me, if I am the President of Nigeria, I will find a way to encourage Yudala because they are the only company giving the community what they want at very affordable prices and most importantly, what they sell is very good products, original products.”

He urged other shoppers to follow his footsteps in shopping wisely this season.

“My fellow Nigerians, what I will say to you is: get yourself prepared. Go to Yudala and get whatever you need for yourself at very affordable prices,” he concluded.

Also speaking after experiencing the Yudala 11/11-12/12 Offline Mega Black Friday train, Mrs. Philomena Mbah was effusive in her praises and prayers for Yudala.

“I was directed here by a friend. I was just prepared to get a phone but I just decided to try and see what Yudala is doing, so I drove down here. I was really surprised that Yudala could slash their prices. In fact, Yudala is the best. I had only wanted to shop for an iPhone but ended up buying so many lovely items from them and I am highly impressed. I’m so happy. I just wish they can keep on coming here and making people smile and happy. God will bless the company.”

Next Saturday November 18th 2017, it will be the turn of Agege and Ita Ilewa, Ikorodu to enjoy the Yudala 11/11-12/12 deals galore, with plans already finalized to storm both locations with a mobile store, two 40-feet trucks and buses loaded with eye-catching products and accompanied by dancers, music and digital entertainment.

The Yudala 11/11-12/12 Mega Black Friday which kicked off on Saturday November 11th will run until Tuesday December 12th 2017 online @ www.yudala.com and in every Yudala store nationwide.

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Black Friday: Yudala showcases best prices for 11/11–12/12

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Ahead of its Black Friday sales tagged 11/11-12/12 which runs from November 11th till December 12th, 2017; Yudala has boldly restated its status as the best source of guaranteed genuine products and best prices nationwide, with shoppers in line to enjoy millions of amazing offers and surprises all through the period.

Yudala 11/11-12/12, an annual promotion, will run online @ www.yudala.com and offline in every Yudala Store nationwide.

The much-anticipated promotion will offer Nigerians not only a huge assortment of genuine products sourced directly from the manufacturers, but also a bold promise of unmatched best prices nationwide.

 “Yudala 11/11-12/12 is the biggest Black Friday campaign to expect in Nigeria this year. We are not only assuring Nigerians of quality products which we are known for, but we are also offering real value for money with best prices nationwide. Best prices for genuine quality products, you cannot get that anywhere else but at Yudala. If you do, we will refund the difference, provided the product is genuine,” disclosed Prince Nnamdi Ekeh,  Vice President at Yudala.

“We are aware of the yearning of Nigerians, many of whom are tired of poor quality and sub-standard products on other platforms. Most of these disgruntled customers have never looked back after shopping with us.

“Yudala is widely renowned as the best source of genuine products nationwide. This is because we are perhaps the only e-commerce company in the country that can lay claims to having a clear quality products sourcing value-chain, as all our products are sourced directly from Original Equipment Manufacturers.  We have staked our reputation on this and we will never disappoint the millions of customers who have come to rely on us for quality.”

Yudala 11-11/12-12 promotion will witness a wide assortment of products across diverse categories including Home Appliances, Computing, Electronics, Mobile devices, Gaming, Lifestyle/Consumer Goods, Power Solutions, Food, Wines/Spirits, among others, with huge deals and unbeatable price slashes also expected.

Nigeria’s pioneer online and offline e-commerce outfit, Yudala captured the imagination of an entire continent during its first-ever online and offline Black Friday promotion in 2015, which saw the company make history with the drone delivery of the first order placed for its Black Friday sales, the first recorded instance on the African continent. The order for the item, a Nokia Lumia smart phone was placed by Yetunde Lawal, a staff of Access Bank Plc. who was shopping on the Yudala website for the first time.

Since that landmark feat, Yudala has not looked back on its mandate of delivering genuine products and services to its consumers –  a mission it has continued to fulfil with a series of innovative promotions including an on-going Master Brand campaign tagged  Yu Live Well.

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Unusual Praise 2017: Yudala backs biggest Catholic Gospel concert

ITREALMS:

The latest edition of a mega Gospel Catholic concert, Unusual Praise 2017, has received a boost with Yudala throwing its weight behind the event to be held in December, this year in Lagos, reports ITRealms.

The event expected to attract a host of top Gospel artistes from Nigeria and beyond, ITRealms reports promises to be a night of divine praise, worship and blessings, and has been scheduled for Saturday, December 9^th 2017 at Admiralty Way, Lekki Phase 1, Lagos.

Hosted by the Catholic Church of Divine Mercy, Lekki, Unusual Praise 2017 is expected to surpass the massive turn-out recorded in previous editions of an event widely touted as the biggest Catholic Gospel concert in Sub-Saharan Africa.

Already, excitement is building up for the event which will feature a strong cast of Gospel Ministers numbering over 20 drawn from the genres of Rock Gospel, Urban Contemporary and Soul Gospel, among others.

Apart from increasing the number of top brands and other corporate organizations that have identified with the event, Yudala’s participation at the event will go a long way to raise the profile of the Gospel Concert which is expected to draw worshippers from all over the country and other nearby African countries.

In addition to the unique ambience it offers for Christians from all denominations to gather in praise and worship to God, Unusual Praise 2017 will also witness an extra dimension in welfare with the provision of food and drinks for all attendees. Plans are also being made to provide free buses to convey worshippers from various locations in Lagos to and from the venue.

The event, which will expectedly be streamed live to a worldwide audience, will also be covered by a host of local and international broadcast media outfits, with attendees in line for a soul-lifting and blessings-filled night of divine anointing, with miracles, spiritual grace and upliftment.

Ogochukwu Nebenanya/GEE 

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NITRA 3rd forum: Banks, Global Accelerex, CWG Plc, Yudala drum support

ITRealms:

All is now set for the third quarterly forum of the Nigeria Information Technology Reporters Association (NITRA) billed for Friday, October 13, 2017, as more industry players in the ICT, banking, and FinTech sectors of the Nigerian economy drum support for the event, reports ITRealms.

The latest to declare their support for the flagship ICT reporters association quarterly seminar are Global Accelerex, an effective and secure payment solutions provider; Yudala, fast rising e-commerce operator and Nigeria’s first ever composite online and retail chain; and CWG Plc, a total ICT solutions provider.

Others are three of Nigeria’s leading IT-driven commercial banks namely, Fidelity Bank Plc, Wema Bank Plc and Zenith Bank Plc.

The Nigeria Information Technology Reporters Association (NITRA), an umbrella body for journalists reporting information and communications technology in Nigeria is organising the third edition of its quarterly forum entitled “Digital Payment: Prospects and Challenges of a Financially Inclusive Nigeria.”

The event which holds this Friday at the R-Café Event Centre on Isaac John Street, GRA, Ikeja, Lagos, will not only highlight the challenges and opportunities in the FinTech space in Nigeria, but will also provide knowledge and networking platform that will bring the Nigeria Fintech industry at par with its counterparts across the globe.

At the event, the Banking, ICT and FinTech industries will be offered an excellent opportunity to showcase some of their achievements before the largest gathering of the sectors players under one roof as well as share their contributions to Digital Payments in addition to efforts towards actualising financial inclusion in the country.

Mr. Austin Okere, Founder/Vice Chairman of CWG Plc, had since accepted to chair the one-day event.

It should be noted that digital disruption has been changing how traditional banking services, payments, and remittances are now offered in the digital economy, as almost all sectors of financial services are being re-imagined by non-traditional providers and FinTechs, while the traditional incumbent providers are reinventing themselves very quickly to understand better, the puzzle presented by FinTech and how they can leverage on the digital movement.

Uj. Dominic/GEE

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