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Why We're Suspending Our Operations In Nigeria - Opay by Gemid94(m): 12:03am On Jul 03, 2020 |
Popular Chinese-owned African fintech startup, OPay, has given reasons for suspending some of its Nigerian operations including ORide, OCar, and OExpress, excluding its payment operation, Opay. In a statement on Thursday, the company said it is pausing some of its operations “due to the harsh business conditions which have affected many Nigerian companies, including ours, during this COVID-19 pandemic, the lockdown and the government ban.” According to a statement issued by the company, Opay attributed the demise of the business units to “the harsh business conditions which have affected many Nigerian Companies”, the COVID-a9 Pandemic, the Lockdown, and the Lagos State Government ban on motorcycles. The decision follows a memo sent by OPay’s investors to the Nigerian team yesterday directing all other verticals but payments to shut down operations and all the Chinese expatriate workers to return to China as soon as possible. The Nigerian team is said to have already set up a team tasked with the recovery of all the ORide motorcycles on the road. http://community.vanguardngr.com/forum/topics/why-we-re-suspending-our-operations-in-nigeria-opay
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Re: Why We're Suspending Our Operations In Nigeria - Opay by SmartPolician: 2:23am On Jul 03, 2020 |
This is not nice at all |
Re: Why We're Suspending Our Operations In Nigeria - Opay by Javalist: 4:41am On Jul 03, 2020 |
What about their payment system on OPay app? Are they closing that too? |
Re: Why We're Suspending Our Operations In Nigeria - Opay by Gemid94(m): 10:30pm On Jul 03, 2020 |
Javalist: No, the payment system is still open |
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