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E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 - Business - Nairaland

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E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by Parachoko: 6:38am On Jun 21, 2022
American e-commerce giant, Amazon, is set to disrupt the Nigerian e-commerce market as it plans to launch in the country in April 2023. When it launches, Amazon will compete with Konga and Jumia, the two dominant players in the Nigerian e-commerce space.

According to a report by Business Insider, the company will be expanding to five countries across Africa, Europe, and South America, while maintaining its base in the United States. The five countries are Belgium, Chile, Colombia, Nigeria, and South Africa.

Amazon, which currently runs in 20 different countries, is investing in long-term growth while it scales up its US-based outlet.

The report says this could result in more competition for local e-commerce companies, which operate across Africa, and Mercado Libre, a leading online marketplace in Latin AUS-based.

What the report is saying
Business Insider in the report said the timing of the rollouts in a detailed timeline would be between 2022 and 2023.
“Belgium’s marketplace, called Project Red Devil, is slated for late September 2022. The one in Colombia, dubbed Project Salsa, is scheduled for February 2023.
“South Africa, codenamed Project Fela, is also expected in February 2023. The marketplace in Nigeria is due to launch in April 2023. That project shares the codename Project Fela with South Africa,” it said.
“Chile is planned for April 2023, too. It shares the Project Salsa name with Colombia,” the report added.
The report also revealed that all countries plan to launch their marketplace and access Amazon’s fulfilment service, ‘ Fulfillment by Amazon’. It said that Amazon’s prime membership programme is expected to be available at launch in Belgium, while other countries will get it shortly after their introductions.


https://nairametrics.com/2022/06/19/e-commerce-amazon-to-compete-with-konga-jumia-as-it-expands-to-nigeria-in-2023/
Re: E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by helinues: 6:39am On Jun 21, 2022
Interesting
Re: E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by Segues: 6:41am On Jun 21, 2022
This is the sweetest news I have heard for the past few months now.

Kongo and Jumia combine can't match the type of products and Companies on Amazon
Re: E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by sinkhole: 6:42am On Jun 21, 2022
Gengen, Konga don enter cheesy
Re: E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by kokoA(m): 6:46am On Jun 21, 2022
What of that one that sponsored Big brother Naija that year sef? undecided
Re: E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by ivolt: 6:51am On Jun 21, 2022
It won't make any difference.
Most people prefer getting their orders sorted in 24 to 48 hours and not one week.
Re: E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by HitRun(m): 6:53am On Jun 21, 2022
Na waoh. Bezos wan come run konga and co street
angry
Re: E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by HitRun(m): 6:54am On Jun 21, 2022
ivolt:
It won't make any difference.
Most people prefer getting their orders sorted in 24 to 48 hours and not one week.
And you think what we have now can compete with Amazon on that front?
Re: E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by Perfectbeing(m): 7:02am On Jun 21, 2022
The Nigerian Government should frustrate this plan.

Although Amazon emergence will enable Jumia and Konga to step up their game if they want to keep up their game. That's if the competition doesn't kill them in the first one month.
Re: E-commerce: Amazon To Compete With Konga, Jumia As It Expands To Nigeria In 2023 by digitite: 8:11am On Jun 21, 2022
That's a good development.

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