14 Things You Need To Know About Konga.com

Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product's availability and pricing at different e-retailers. As of 2016, customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers and smartphones.
Recently we discussed on Jumia and now we are with a contributing trips about Konga.com  and when you look at these online shopping platform such as konga.jumia,jiji, dealdey, etc you will noticed that they all provide a self services to their customer in different location nationwide. Hope the article we revealed here helped you know more about jumia and too we didn't hesitate to brings you this

1. Konga.com is a Nigerian electronic commerce company founded in 2012 with headquarters in Ikeja, Lagos State. It offers a third-party online marketplace, as well as first-party direct retail spanning various categories including consumer electronics, fashion, home appliances, books, children's items, and personal care products.

2. Konga was founded in July 2012 by Sim Shagaya, with 20 staff. Shortly after launching in 2012, Konga raised a $3.5 million seed round from Investment AB Kinnevik.

3. The site initially functioned as a Lagos-only online retailer focused on merchandise in the Baby, Beauty, and Personal Care categories, but broadened its scope to all of Nigeria in December 2012 and gradually expanded merchandise categories through 2012 and 2013. This expansion may have been a response to Konga's major competitor, Rocket Internet backed Jumia, which launched around the same time and was functional across all categories.

4. In early 2013, Konga raised a $10 million Series A round from Investment AB Kinnevik and Naspers. In Q2 2013, Konga beta-tested 'Konga Mall,' opening up the Konga platform to third-party retailers and moving away from a pure first-party online retail model.

5. In late 2013, Konga finalized a $25 million Series B round from previous investors, Investment AB Kinnevik and Naspers, the largest single round raised by a single African startup at the time. On November 29, 2013, Konga.com crashed and remained offline for 45 minutes as a result of unprecedented traffic stemming from its Black Friday promotion. Konga sold more during the first six hours of the promotion than it did in the prior month

6. Konga officially launched its third-party retail platform in the first half of 2014, rebranding it as 'Marketplace' from 'Konga Mall'; by the end of 2014, Konga's Marketplace featured 8,000 merchants, beating internal targets of 1,000 merchants eight-fold.

7. Konga received USD $3.5 million worth of orders during its 2014 Black Friday promotion, compared to USD $300,000 during the promotion in the previous year.

8.Konga reportedly grew 2014 revenue 450% from 2013. In late 2014, Konga finalized a $40 million Series C round from Investment AB Kinnevik and Naspers, the largest single round raised by a single African startup to date. Despite reports that Naspers acquired 50% of Konga in 2013, publicly traded Naspers disclosed that its stake in Konga after the October 2014 Series C investment was 40.22%. Konga was reportedly valued at approximately $200 million as of the Series C.

9.In January 2015, Konga was ranked as the most visited Nigerian website by Alexa Internet. According to CEO Sim Shagaya, Konga "leads the field in Nigeria today [early 2015] in Gross Merchandise Value," a metric measuring the total value of merchandise sold through a particular marketplace.

10.List of Item/products Konga dealing include:

Laptops,Computers & Accessories,Fashion,Phones & Tablets,Baby, Kids & Toys,Games, Music & Movies,Womens Shoes,Mens Shoes,Electronics,

Infinix Hot Note

Generators

Beauty, Health & Personal Care

Books

Washing Machines

Bags

Buy Airtime

Sports & Fitness

Cars

Dresses

Infinix Phones

Blackberry Phones

Refrigerators/Fridge

Freezers

Furniture

Lenovo Phones

Nokia Phones

Nokia Lumia

Perfumes

Makeup

Playstation (PS)

ALSO READ: 13 Things You Need To Know About Jumia ( Online Shopping)

11. KongaPay was launched as a pilot product in 2015 to work for customers only within the Konga.com's platform.

12.Konga started its massive expansion in Nigeria with Konga Mall, which is a revolutionary option that allows businesses in Nigeria to showcase their products online. Business owners were offered a free and simple delivery service. The business owner packages order that is accompanied with SellerHQ details and details of the order before dropping the parcel at Konga’s dropoff center.

13. In 2014, Jumia registered some Konga domains outside Nigeria which caused huge uproar in the technology scene. Konga had been talking up the possibility of expanding outside Nigeria which Jumia was already doing with Jumia having operations in more than 8 countries across Africa. The move was read by industry stakeholders as Jumia trying to stifle Konga's growth.

14. In January  2015 konga has total number of employers of 700.

Download Konga.com application Here
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