LATEST NEWS !! Dealdey ceases operations -Nigerian

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After a month of inactivity on its website and social media sites, it has been confirmed that the DealDey platform for Nigerian daily deals has ceased trading.

According to an obvious source, the company closed in the second week of December 2018, at the time when users had last seen offers on their website and in social media sites.

Since the closure of operations in December, the DealDey offices have been closed down and the workers released. In recent weeks, users have been asking questions, complaining about unanswered calls and emails, and speculating about a possible shutdown.

DEAL DEY SHORT HISTORY

DealDey was founded in 2011 by the founder of Konga Sim Shagaya, By 2015, this was one of the largest e-commerce platforms in Nigeria, receiving $ 5 million from Kinnevik.

Shortly thereafter, however, there was a different turn, so that the company has dismissed 60% of the workforce.

In 2016, it was acquired by the Ringier Africa Deals Group (RADG), a newly formed joint venture between the Swiss Ringier Africa AG and the South African Silvertree Internet Holdings (Pty) Ltd, for only $ 5 million – the owners of the company are initially have reported selling for $ 75 million.

Source:- Techpoint

The post LATEST NEWS !! Dealdey ceases operations first appeared on Naijaloaded | Nigeria's most visited music and entertainment website,

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