About Yes Mobile
Yes Mobile is a company based in Lekki (Nigeria) founded in 2015 was acquired by Konga Nigeria in May 2017.. Yes Mobile operates in a competitive market with competitors including Newegg, Kshop Online, Olusesi, Adereal and Obejor, among others.
- Headquarter Lekki, Nigeria
-
Sectors
Retail
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Konga Nigeria
(May 03, 2017)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of Yes Mobile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Yes Mobile
Yes Mobile has secured backing from 1 investor. Prominent investors backing the company include Konga Nigeria. 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 |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Yes Mobile
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Yes Mobile
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Yes Mobile Comparisons
Competitors of Yes Mobile
Yes Mobile 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, Olusesi, Adereal 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category electronic products are sold via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Kshop Online operates an e-commerce platform offering a wide range of electronics products.
|
|
| domain | founded_year | HQ Location |
Handles e-commerce sales through social media amid price fluctuations.
|
|
| domain | founded_year | HQ Location |
Operates an online store selling multi-branded electronic gadgets.
|
|
| domain | founded_year | HQ Location |
Online retail platform specializing in smart electronic gadgets and accessories.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Yes Mobile
When was Yes Mobile founded?
Yes Mobile was founded in 2015.
Where is Yes Mobile located?
Yes Mobile is headquartered in Lekki, Nigeria. It is registered at Lekki, Lagos, Nigeria.
What does Yes Mobile do?
Yes Mobile is an online retailer of mobile phones across brands such as Apple, Samsung, Nokia, Lenovo etc. They also sell accessories, tablets, and laptops. They deliver online in Nigeria and also have four retail stores in Nigeria. They have partnered with an insurance company to sell insurance plans covering phone damage through these stores. They also provide an option to exchange old phones and buy new phones from these stores. For corporate employees, they provide flexible payment options of 1 to 4 months. Foluso Ogunwale was the CEO as of November, 2015.
Who are the top competitors of Yes Mobile?
Yes Mobile's top competitors include Newegg, Horezone and Kshop Online.
Who are Yes Mobile's investors?
Yes Mobile has 1 investor. Key investors include Konga Nigeria.