Tekedia Capital congratulates our portfolio company, Shoptreo, for launching in the ancestral and amazing city of Ibadan. Ibadan, Shoptreo is in town, and the doors are open for business.
Shoptreo is headquartered in Enyimba City, Aba, and has expanded to Kano and Onitsha. Ibadan is now checked. When we met this team, they were doing less than $10k GMV per quarter. Today, they do $millions in monthly GMV. I am proud of Emmanuel Jacobs and George Uteh for their operational and execution capabilities.
Shoptreo works with hundreds of shoemakers, tailors, etc, across its core production cities. If you place a bulk order with them, they will source those clothes and shoes. They handle quality control, shipping, etc: “B2B fashion distributors in Ibadan can now access bulk fashion goods directly from manufacturers through Shoptreo, which offers credit financing options to help scale their businesses.”
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