
Sodishop
West African B2B and B2C e-commerce marketplace.
Date | Investors | Amount | Round |
---|---|---|---|
* | N/A | - | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Sodishop is an online marketplace for consumers and businesses, primarily operating in West Africa. Founded in 2019 by Guinean IT specialist Boubacar Biro Baldé, the company is headquartered in Bamako, Mali. Baldé started the company to address the difficulty for African consumers in accessing products available in local stores online.
The platform allows individuals and businesses to create their own online stores, selling a wide range of products including electronics, fashion, food items, and home goods. Sodishop operates in Mali, Guinea, Senegal, and Ivory Coast. The company's business model is based on collecting commissions and delivery charges for transactions on its platform. It supports various payment methods, including mobile money services like Orange Money, PayPal, and credit cards.
Sodishop provides delivery services with a goal of 24 hours for urban areas and 72 hours for rural locations. The company also offers "Sodishop Express" for products from Europe, Asia, and America, and "Sodifood" for fresh produce. The marketplace has processed over $5 million in orders and hosts more than 1,000 active sellers. The company has received multiple awards, such as the Best Online Sales Platform in Mali at the 2022 Africa Business Excellence Awards, and participated in the ASIP accelerator program by Startupbootcamp AfriTech.
Keywords: e-commerce, marketplace, West Africa, B2C, B2B, online retail, Malian startup, logistics, cross-border e-commerce, mobile payments, African tech, Sodifood, Sodishop Express, entrepreneurship, digital marketplace, local vendors, multi-vendor platform, online shopping, consumer goods, supply chain