About Olusesi
Olusesi is a company based in Ikeja (Nigeria) founded in 2016 by Harvey Spector. It operates as a D2C. Olusesi offers products and services including Instagram Store. Olusesi operates in a competitive market with competitors including Newegg, Kshop Online, Adereal, Yes Mobile and Obejor, among others.
- Headquarter Ikeja, Nigeria
- Founders Harvey Spector
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Sectors
Retail
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Social
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Annual Revenue
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Products & Services of Olusesi
Olusesi offers a comprehensive portfolio of products and services, including Instagram Store. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Facilitates product orders via Instagram to handle price volatility issues
Funding Insights of Olusesi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Olusesi
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Olusesi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Olusesi Comparisons
Competitors of Olusesi
Olusesi operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Newegg, Kshop Online, Adereal, Yes Mobile and Obejor, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multi-category electronic products are sold via an online marketplace.
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| domain | founded_year | HQ Location |
Kshop Online operates an e-commerce platform offering a wide range of electronics products.
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| domain | founded_year | HQ Location |
Operates an online store selling multi-branded electronic gadgets.
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| domain | founded_year | HQ Location |
Mobile phones, laptops, and accessories are retailed online in Nigeria.
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| domain | founded_year | HQ Location |
Online retail platform specializing in smart electronic gadgets and accessories.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Olusesi
When was Olusesi founded?
Olusesi was founded in 2016.
Where is Olusesi located?
Olusesi is headquartered in Ikeja, Nigeria. It is registered at Ikeja, Lagos, Nigeria.
Who is the current CEO of Olusesi?
Harvey Spector is the current CEO of Olusesi. They have also founded this company.
What does Olusesi do?
Olusesi Technologies is a company that operates an online platform for product sales, currently pausing website orders due to unstable prices to maintain accuracy. They direct customers to their Instagram Store for transactions in the meantime. This approach focuses on adapting to market changes and ensuring reliable service, though no specific location or client details are provided. Their activities emphasize digital retail strategies to mitigate pricing issues.
Who are the top competitors of Olusesi?
Olusesi's top competitors include Newegg, Horezone and Yes Mobile.
What products or services does Olusesi offer?
Olusesi offers Instagram Store.