From two countries to 34; Kaymu’s two year journey so far.
Kaymu’s business model and main aim is to empower local SMEs and make shopping accessible to everyone everywhere and in the process, drive the online shift in the countries it’s in. It has achieved many milestones in the last two years but has a lot of ground to cover as a start up.
These two years have seen Kaymu change the lives of hundreds of thousands of people. Currently, there are over 100,000 sellers on board and there have been close to 900,000 buyers who have bought products from the Kaymu platforms. Roughly eight thousand transactions take place everyday, on the platform and there are several payment options including cash on delivery and SafePay, a mobile-money-based option that protects the buyer, so as to ensure that their payment is made only after they receive their goods.
Kaymu Tanzania Country Manager, Erfaan Mojgani says “The significant growth of Kaymu over the past two years has been great motivation for us especially with our launch in Tanzania. The consumer demand for e-commerce has pushed Kaymu to grow and as 2015 goes on, we are looking to grow even further than we already have”
He adds, “By entering Tanzania, one of East Africa’s largest countries, we are optimistic that Tanzanian citizens will continue to love and appreciate our presence and services, hence opting for Kaymu as the leading online shopping platform not only in Tanzania but globally.”
Kaymu is present in three of the most prominent and populous emerging economies - Nigeria, Pakistan and Bangladesh - and is instrumental in accelerating the movement of commerce online. The combined population of all the countries Kaymu is currently in, is 1.134 billion and is focused completely on empowering SMEs in those countries and is, in a way, driving a revolution of sorts there by changing lives as a consequence.
2015 is slated to be a year of even greater growth and progress for Kaymu and the focus is on developing the platform even further so as to help even more SMEs bring their businesses online and make shopping accessible to everyone.