“There’s no strong need for eCommerce in Sub-Saharan Africa” — Gloo founder, Olumide Olusanya
submitted over 7 years ago by taya
submitted over 7 years ago by taya
- As of December 31, 2017, there were 453.3 million Internet users in Africa, but Olumide Olusanya believes there isn't a strong need for eCommerce in Sub-Saharan Africa.
- Olusanya, the founder of Gloo, announced the closure of the eCommerce business after almost seven years of operation, citing reasons such as low market demand and high service delivery challenges in the Nigerian eCommerce industry.
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