About Shoprite
Shoprite is a company based in Lagos (Nigeria) founded in 2005 was acquired by Persianas Group in June 2021.. Shoprite offers products and services including Bakery Products, Fruits and Vegetables, Meat and Poultry, and Personal Care Items.
- Headquarter Lagos, Nigeria
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Retail Supermarkets Nigeria Limited
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Persianas Group
(Jun 08, 2021)
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Products & Services of Shoprite
Shoprite offers a comprehensive portfolio of products and services, including Bakery Products, Fruits and Vegetables, Meat and Poultry, and Personal Care Items. 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.
Fresh-baked goods and deli sandwiches for daily consumption
Fresh, high-quality fruits and veggies sourced from local farmers
Variety of meats prepared for versatile cooking and meals
Essential products for daily hygiene and personal maintenance
Funding Insights of Shoprite
| 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 Shoprite
Shoprite has secured backing from 1 investor. Prominent investors backing the company include Persianas Group. 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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Residential and commercial real estate development services are provided.
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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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Founded Year | Domain | Location | |
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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 Shoprite
| 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 - Shoprite
| 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 |
Shoprite Comparisons
Competitors of Shoprite
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Shoprite
Frequently Asked Questions about Shoprite
When was Shoprite founded?
Shoprite was founded in 2005.
Where is Shoprite located?
Shoprite is headquartered in Lagos, Nigeria. It is registered at Lagos, Lagos State, Nigeria.
What does Shoprite do?
Shoprite was established in 2005 as a supermarket chain in the retail sector, based in Lagos, Nigeria. Operations include the sale of food products, liquor, and household essentials through physical stores and an online platform offering home delivery. Services focus on everyday consumer goods within the Nigerian market. An announcement regarding the companys exit from this market has been made recently.
What products or services does Shoprite offer?
Shoprite offers Bakery Products, Fruits and Vegetables, Meat and Poultry, and Personal Care Items.
Who are Shoprite's investors?
Shoprite has 1 investor. Key investors include Persianas Group.
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