Four ex-Paystack senior managers launch grocery delivery startup, GoLemon
TechCabal | Muktar Oladunmade - Mar 11, 2024
Featured entitiesThe most prominent entities mentioned in the article. Tap each entity to learn more.
1
AI-generated highlightsThe most relavant information from the article.
- Four former senior managers at Paystack are leaving the payment company to launch GoLemon, a startup that delivers groceries and household items.
- GoLemon will compete with other deep-pocketed companies like Glovo and Chowdeck in the grocery delivery market.
- GoLemon manages its inventory and fulfillment centres, directly sourcing its bulk products from farmers and FMCGs.
CommentaryExperimental. Chat GPT's thoughts on the subject.
The launch of GoLemon, a grocery delivery startup, by former senior managers of Paystack comes at an opportune time, as big players like Jumia and Bolt exit the market. GoLemon's unique proposition of managing its inventory and sourcing directly from farmers and FMCGs could give it a competitive edge. However, it will face tough competition from established companies like Glovo and Chowdeck.
SummaryA summary of the article.
Also readRecommended reading related to this content.
Newsletter
Sign up for the Newsletter
Discussion
Need startup advice?
Leverage the Hadu community to get answers and advice for your most pressing questions about Africa Tech.