quick commerce – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Mon, 08 Dec 2025 13:52:53 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png quick commerce – Tech | Business | Economy https://techeconomy.ng 32 32 Chowdeck Hits Two Million Users as Expansion Drive Strengthens https://techeconomy.ng/chowdeck-two-million-users-expansion-strengthens/ https://techeconomy.ng/chowdeck-two-million-users-expansion-strengthens/#respond Mon, 08 Dec 2025 13:52:53 +0000 https://techeconomy.ng/?p=172335 Chowdeck has crossed two million users following its expansion into Nigeria and Ghana’s fast-growing delivery market.

This was revealed on Monday by Co-founder and Chief Executive Femi Aluko, who described the company’s rise as a clear sign that the on-demand model can succeed at scale in Africa. 

In a LinkedIn post, he said: “Chowdeck just hit 2 million users!” He recalled the company’s early days, noting: “It feels like just yesterday that we started with three riders and two restaurant partners. We now have more than 20k riders across 14 cities in Nigeria and Ghana.”

Chowdeck’s recent drive shows how quickly it has moved from a small experiment to a major logistics company. Founded in 2021, the company has expanded into urban markets including Lagos, Abuja, Accra, and Kumasi.

Its network of over 20,000 riders now supports a growing mix of restaurant deliveries, groceries, and everyday essentials.

The latest achievement comes months after Chowdeck secured $9 million in Series A funding, an investment led by Novastar Ventures with participation from Y Combinator, AAIC Investment, Rebel Fund, GFR Fund, Kaleo, HoaQ, and a series of angel investors, including Paystack founders Shola Akinlade and Ezra Olubi. 

The company said the capital would support its expansion plans in both Nigeria and Ghana and speed up its move into quick commerce.

That strategy, built around dark stores and hyperlocal fulfilment hubs, is designed to cut delivery times. Chowdeck sees it as the backbone of a bigger vision to build what Aluko has previously described as “Africa’s number one super app.”

Africa’s food-delivery sector is expanding at double-digit rates each year, driven by smartphone growth, denser cities, and high demand for convenience. 

While larger global companies such as Jumia Food have struggled to maintain profit, Chowdeck’s locally tuned approach has helped it sidestep many of those challenges.

Aluko, in his message, credited users and partners for the company’s rise. “We are incredibly proud of the technology we’ve built and the logistics network we have established. But most importantly, we are proud of our ecosystem: our customers, our riders, and our vendor partners.” 

He added: “I am really grateful to our team, customers, riders and partners for coming on this journey with us. Thank you so much for coming on this journey with us. It’s still Day 1!”

Competition in Africa’s delivery market is far from settled, but Chowdeck is highly focused on enlarging its lead and testing how far its model can stretch across the continent.

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Chowdeck Hits One Million Monthly Orders, Expands Grip on Nigeria’s Food Delivery Market https://techeconomy.ng/chowdeck-one-million-orders-nigeria/ https://techeconomy.ng/chowdeck-one-million-orders-nigeria/#respond Mon, 03 Nov 2025 17:01:14 +0000 https://techeconomy.ng/?p=170436 Food delivery startup Chowdeck has crossed one million orders in a single month, revealing resilience in a market where several international companies have struggled to survive.

In a post on X, Chief Executive Officer Femi Aluko announced, “I am super pumped to share that last month, @chowdeck hit over 1 million orders in Nigeria in a single month! 🚀 He added that while recent weeks had not been perfect, the company was “listening, learning, and fixing things quickly.”

According to Aluko, Chowdeck’s daily orders have climbed from an average of around 30,000 to more than 40,000 and continue to rise. The pace of this growth shows the company’s widening reach across Nigerian cities and its recent expansion into Ghana.

Founded in 2021, Chowdeck has built a strong foothold through speed, consistent delivery, and customer-focused incentives. Its “Rider Games” programme, ChowScore loyalty system, and referral discounts have helped it attract and retain a fast-growing base of users. 

What began with just a few hundred customers now serves over a million monthly across Lagos, Abuja, Ibadan, Port Harcourt, and other cities.

The company’s expansion strategy has been deliberate. In June 2025, Chowdeck acquired Mira, a point-of-sale startup created by former Flutterwave and Paystack employees, to strengthen its merchant ecosystem. This move added payment processing, inventory management, and financing tools to the platform, aligning with Chowdeck’s quick commerce vision. 

Two months later, it secured $9 million in Series A funding led by Novastar Ventures, joined by Y Combinator, Founders Factory Africa, and Voltron Capital.

Chowdeck’s rapid growth comes amid the exit of competitors such as Jumia Food and Bolt Food, both of which withdrew from Nigeria after struggling with thin margins and high costs of operation. Their departure left a gap in several markets, one that Chowdeck has been quick to fill.

In Ghana, where the company launched earlier this year, it reached 1,000 daily orders within three months, three times faster than it managed during its initial rollout in Nigeria. This achievement shows strong demand and also operational efficiency refined over time.

Despite facing challenges with support and logistics, Aluko credits customer trust and patience as central to the company’s progress. “This milestone reminds us of what is possible when people believe in what we’re building,” he said. “Cheers to 1M orders! It’s still Day 1, and there are many more wins to come.”

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