Time flies with great content! Renew in to keep enjoying all our premium content.
Prime
Former Jumia executives launch rival online commerce platform
Kapu CEO Sam Chappatte during the launch of a new e-commerce company, “Kapu” that allows customers in cities to shop & save on their weekly grocery basket. PHOTO | DIANA NGILA | NMG
Former Jumia Kenya executives have launched a new digital marketplace dubbed Kapu to rival their former employer after raising $8 million (Sh981 million) in funding from a pool of unnamed international investors.
The officials include former Jumia CEO Sam Chappatte and former chief operations officer Cyrus Onyiego, both of whom have now taken similar roles at Kapu. The pair left Jumia in January this year.
