Unleash African Commerce by Reconnecting Shopkeepers with Suppliers - Interview with Daniel Yu, the Founder and CEO of Wasoko

Global Innovators in Business

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1y ago 37:08

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Daniel Yu is the Founder and CEO of Wasoko. Wasoko aims to unleash African commerce from various aspects. Using Wasoko’s services, shopkeepers and suppliers are more efficiently connected. By simply ordering products via the mobile app, shopkeepers can receive deliveries at their doorstep. Additionally, Wasoko has been able to support and finance small retailers. Daniel is also conversant in more than 8 languages and has taken the founder's pledge to transfer 70% of his proceeds to effective interventions in reducing suffering.

In this episode, you will hear about:

💡 Daniel’s inspiring story of how he explored the world at a young age and found his passion: applied to a music major but later changed minds, dropped out of college to start a business in Africa…

🌍 What pain points does Wasoko solve and how does Wasoko address it?

🚀 What is the biggest challenge of building Wasoko in Africa, a developing market, compared to if Wasoko was built in a more developed market?

💼 For-profit enterprises V.S. Nonprofit enterprises, which one is more needed in the developing market?

🎓 Daniel’s advice to the young generations?

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#Business #Christopher Rathbun