Social marketplace MoboFree.com is set to launch a presence in Lagos, Nigeria. According to the online portal it has over 3 million registered users, including 2.2 million in Nigeria and a strong footprint in Zimbabwe, Uganda and Ghana. MoboFree combines a social network and board of classifieds to create a platform where buyers and sellers can meet, place their ads, negotiate and make transactions safely and for free, the Punch reported.
According to the company, the MoboFree technological platform makes buying and selling online possible for any user with any device, not only for PCs and smartphones but also for old phones with small screens.
The online portal has reported that Nigerians were selling unused items worth USD 526 million on MoboFree.com and shared expectations that the total volume of items for sale in its marketplace will likely reach USD 1.5 billion by 2015. In view of this potential, establishing a local presence in Lagos is a natural next step in order to ensure more effective operations.
Staff Writer
