BREAKING NEWS!! Dealdey Shuts Down Operations

0

Following one month of inactivity on its website and social media pages, it is confirmed that Nigerian daily deals platform DealDey has shut down operations.

According to a source close to the matter, the company shut down around the second week in December 2018, about the time when users last saw deals on its site and social media pages.

ALSO READ;  This Video Of Cardi B Dishing Out Medical Advice Is The Funniest Thing You’ll See Today

Since operations shut down in December, the DealDey offices have been closed down and workers have been let go.

In the past few weeks, users have been asking questions, complaining about unanswered calls and emails, and speculating on a possible shut down.

Adebukola Mi
@Editor_Buki
What’s happening @DealDey ?

ALSO READ;  I Know Seven Gay Players In The EPL – John Fashanu’s Daughter

See Adebukola Mi’s other Tweets
DEAL DEY SHORT HISTORY
DealDey was established in 2011 by Konga founder Sim Shagaya .

By 2015, it was one of the Nigeria’s biggest e Commerce platforms, attracting a $5 million investment from Kinnevik.

Things however took a different turn shortly after, leading the company to lay off 60% of its workforce.

ALSO READ;  DJ Cuppy Excited As She Is Set To Graduate From New York University (Pic)

In 2016, it was acquired by Ringier Africa Deals Group (RADG), a newly-founded joint venture between Swiss Ringier Africa AG and South African Silvertree Internet Holdings (Pty) Ltd, for a mere $5 million — the owners of the company reportedly initially offered to sell for $75 million.

Source:- Techpoint

Use your ← → (arrow)

LEAVE A REPLY