One of Nigeria’s online supermarket’s, Gloo.ng, last week expanded the ecommerce ecosystem with a massive investment in a new 20,000 square feet Customer Fulfillment Center, CFC.
The online platform says the investment would help it tremendously in improving market visibility and growth.
CFC is the ecommerce term for a place where online retail products are stored to allow for proper processing and delivery of customers’ orders.
Formerly known as BuyCommonThings.com, the rebranded Gloo.ng was located in a 5,000 square feet centre, from where it made this expansion.
Founder and Chief Executive Officer, of the platform, Dr. Olumide Olusanya, said that the expansion to a larger CFC became necessary because of the growth the firm witnessed since it was commercially launched just a little over a year ago.
He also added that besides consolidating on that growth, it was also imperative that his firm makes necessary inroads into securing stronger growth pace in year 2014. He said that these were the reasons he believed that Gloo.ng needed to acquire more space for operations to guaranty sustenance of the legendary service the brand has become known and trusted for.
He explained that the expansion was financed by well-meaning Nigerian who he regarded as angel investors that have bought into the vision of building Nigeria’s biggest supermarket with the backing of technology.