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Alerzo raises $10.5M Series A to bring Nigeria's informal retail sector online – TechCrunch
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Adewale Opaleye (Founder & CEO, Alerzo) Alerzo's core business distributes FMCG goods using a first-party relationship platform which allows suppliers to clear inventory faster and lets Alerzo control the supply chain and delivery. Given the lack of trust in the marketplace and the requirement to pay on delivery, Opaleye says this was the most inclusive business model where the economics made sense for the company.
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