Kenya’s online retail platform for groceries, household items and phones, Wagon Shopping, has marked its first year since its “proof of concept” phase by processing close to half a million (Kshs 405,155) worth of orders in its first quarter of business.
Wagon Shopping is an e-commerce startup that enables customers to shop for supermarket products and phones, which are then delivered in less than 2 hours after completion of the order.
The Kshs 405,155 worth of orders are a step “towards the right direction” according to Wagon Shopping CEO Edgar Ochieng’, who notes that this an a 675% increase from what the firm made last year.
This, the CEO believes, coupled with an increased number of subscribers and users on the website and the social media platforms (2,799 Wagon Shopping subscribers), means that sales are bound to increase massively, over the coming months.
“This continued growth from Wagon Shopping leads us to our next logical step: investment”, said Ochieng. “The reach for investment is Wagon Shopping’s play towards our expansion and reach to a wider market locally and abroad, both online and on the ground.”
When it comes to the startup’s search for new investment, the CEO said: “We are speaking to potential investors, as we look to narrow down on who we feel will be our best fit, but there’s no hurry in Africa”.
Such investment, when it finally arrives, could enable the firm to expand its reach and aggressively take on more established and monied e-commerce in the country like Jumia, Kilimall and Masoko among others.