For the first time ever, Nigerians will experience a consolidated online and retail chain which will radically transform the shopping landscape in the country and the continent at large. With its considerable financial capacity and technology back-bone, Yudala Limited will hit the market with the concrete ambition of becoming the market leader in trade and commerce on the continent.
What Is Yudala?
Yudala is simply a Nigerian e-commerce startup that is set to rival the likes of Konga, Jumia in Nigeria and beyond with the concrete ambition of becoming the market leader in trade and commerce on the continent.
With its headquarters in Nigeria, Yudala Limited is ready to carve a niche for itself by being the first organization to combine an online shopping platform with retail stores located in major cities across the country, with further expansion into other major African capitals.
Platform Mix– With an enviable status as Nigeria’s first and biggest online and retail chain, Yudala will roll out four Experience and Smart stores in Lagos in the first week of July, while ensuring a nationwide spread in little time with the addition of a new store every other week in major capitals in the country and all over Africa. With a mandate to launch 150 Stores in the first 18 months of operations, the company will ensure that no region is left out in the high
quality experience that Yudala stands to offer.
While the company will place great emphasis on cosmopolitan consumers, Yudala also possesses the requisite network capacity to reach the unreached; those that are not served by the few online platforms, by offering quality of service with valid guarantees that is presently non-existent in the Nigerian online and retail business space. In view of this, there is also an orchestrated plan to reach every nook and cranny of the country with a targeted total of 512 shops in Nigeria’s local government councils within three years.
Products: Yudala will focus on the best of ICT products as well as lifestyle and healthy living goods from the biggest and most renowned brands in the first 6 months before launching other mandates. The company will place a huge premium on making available only genuine, pocket-friendly products sourced directly from the manufacturers. With Yudala, there will be no imitations or grey products as every item purchased off its online or offline platform will come with a certified guarantee. More importantly, the Yudala Management will take responsibility for all products purchased from and delivered by Yudala.
Quality of Service: On the retail side, the company shall differentiate itself by offering support on warranty as well as out-of-warranty products for customers which no other competitor offers. It is our determination to reduce wastages in Nigeria and by extension Africa. We are not just an online trading platform. We will roll out our mandate soon with the launch of 4 Experience and Smart shops in Lagos same day in The Palms, Lekki; Medical Road, Ikeja; Idowu Martins, Victoria Island and Gbagada in the first week of July.
On the online platform, the company boasts of a robust technology back-bone, man-power expertise and a two-year test run of its state-of-the-art website designed with state-of-the-art functionalities which will offer visitors an interactive, engaging and multimedia user interface. Furthermore, the platform will offer a suite of customer-friendly payment options including pre-paid and payment-on-delivery choices.
Founders– Established by a team of brilliant and well informed Nigerians and backed by competent investors of highest integrity within and outside the country, Yudala will focus on wealth creation for the majority of Nigerians.
Yudala will function as a Public Trust, with the ambition of employing a massive 50,000 Nigerians within 18 months. This is in line with the Yudala mantra of ‘best wishes, peace and prosperity”.
The Retail Arm is anchored by Stanley Uzoechina, a foremost manager and industry expert with years of outstanding experience while Prince Nnamdi Ekeh, serial entrepreneur and online enthusiast will drive the online business, with Tunde Kehinde, one of the founding CEOs of Jumia Nigeria functioning as a non-executive Director.