Sabi, a Nigerian women-led B2B firm, has revealed that its marketplace platform now has over 150 000 small business members.
A resource developed and operates the corporation, which has been quietly scaling up since mid-2020.
Since then, MyShop has generated over $1.2 billion in sales for commercial users on the site.
By 2021, consumers are expected to trade over $80 million on Sabi’s B2B platform, MerchBuy.
READ ALSO: Zoom Mourns a 17% Drop In Shares as People Return to Office
Nigeria’s informal sector, according to Sabi, provides more than 60% of the country’s GDP. It is worth an estimated $244 billion and contains over 41 million micro, small, and medium-sized businesses.
Sabi has a network of over 10,000 agents in Nigeria who deal directly with businesses. Agriculture, electronics, banking, and fast-moving consumer goods.
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