About Ong
Ong is a company based in Lagos (Nigeria) founded in 2019 was acquired by Jiji in April 2019.. Ong offers products and services including Classified Ads Service. Ong operates in a competitive market with competitors including Connect Nigeria, Awa Mart, Epolongo, Marketstro and Alafia List, among others.
- Headquarter Lagos, Nigeria
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
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Products & Services of Ong
Ong offers a comprehensive portfolio of products and services, including Classified Ads Service. 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.
Service for posting and browsing ads in categories like vehicles and electronics
Funding Insights of Ong
| 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 |
Investors in Ong
Ong has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Jiji. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Goods and services are exchanged via an online classified marketplace.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ong
| 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 - Ong
| 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 |
Ong Comparisons
Competitors of Ong
Ong 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 Connect Nigeria, Awa Mart, Epolongo, Marketstro and Alafia List, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online listing platform in Nigeria
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| domain | founded_year | HQ Location |
Operates a listing platform for local businesses to enhance visibility and connections.
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| domain | founded_year | HQ Location |
Offers a comprehensive online business directory for efficient company discovery and connections.
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| domain | founded_year | HQ Location |
Operates an online directory for local service businesses.
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| domain | founded_year | HQ Location |
An online platform for listing and discovering local services.
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| domain | founded_year | HQ Location |
An online platform for listing and discovering local businesses.
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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 Ong
When was Ong founded?
Ong was founded in 2019.
Where is Ong located?
Ong is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does Ong do?
Ong was established in 2019 in Lagos, Nigeria, within the technology sector. A digital platform is operated to assist users in locating and accessing various services. Operations are centered in Nigeria, with the website ong.ng serving as the primary access point. The focus remains on facilitating service discovery for local users, encompassing categories such as professional and consumer needs.
Who are the top competitors of Ong?
Ong's top competitors include Connect Nigeria, Awa Mart and Epolongo.
What products or services does Ong offer?
Ong offers Classified Ads Service.
Who are Ong's investors?
Ong has 1 investor. Key investors include Jiji.
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