News and Announcements
YuuZoo and Etisalat Sign an Agreement to Launches New E-Commerce Platform in Nigeria
- Published June 15, 2016 9:58AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
13th June 2016, YuuZoo
- YuuZoo and Etisalat, the largest mobile operator in Africa and the Middle East, have signed a new agreement that launches a new e-commerce platform in Nigeria, Africa’s biggest market
- Move gives YuuZoo prime access to the booming e-commerce market in Nigeria, with a focus on the huge SME market
- Partnership with the largest telco in Africa and the Middle East opens up the potential for further expansion in the region
- Concurrently, YuuZoo has bought over all rights for Etisalat from its franchisee, who signed an earlier contract with Etisalat in 2014
Singapore-listed YuuZoo Corporation Limited (“YuuZoo” SGX: AFC) has, in Africa’s largest market Nigeria, signed an agreement with Etisalat, the largest mobile operator in Africa and the Middle East, for the launch of a powerful new e-commerce platform targeting the country’s booming small and medium-sized enterprises (“SME”) market.
The partnership between Etisalat and YuuZoo provides Nigerian SMEs with a broad-based new e-commerce platform, www.smearena.com.ng (“SME Arena”). The platform, built and managed by YuuZoo and marketed in Nigeria by Etisalat, is a portal through which SME’s can market and sell their products and services.
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