MoboFree.com, a leading African social marketplace, today announced that the total volume of items currently for sale in its marketplace is worth USD 526 million and is expected to reach USD 1.5 billion by 2015.
With 3.3 million registered users, including 2 million in Nigeria and a strong footprint in Zimbabwe, Uganda and Ghana, MoboFree.com is a mobile social and classifieds platforms in Africa, says the company.
The best-selling items on MoboFree.com are phones, tablets and mobile devices, followed by clothes, fashion and beauty, and electronic devices.
The MoboFree tech platform makes buying and selling online easy for any African user with any device, not only for PCs and smartphones but also for old phones with small screens (called “feature” phones).
“Africa is home to six of the ten fastest-growing economies in the world. We are now looking for new partners to share our expansion plans as we see enormous opportunities arising in Africa,” said MoboFree CEO and co-founder Neringa Kudarauskiene (pictured above).