@BusinessDaily

Chinese mall sets sights on online customers

1 weeks ago, 17:16

By: James Kariuki

The newly opened Sh5 billion house furnishings and furniture outfit, Coloho Mall is banking on online purchases to drive sales.

Mall owner Zhong Wu E-Commerce (Kenya) Ltd said the firm is targeting the rising urban middle class keen on latest trends on lighting, wall and floor decorations.

“This investment gives Kenyans a one-stop construction materials and an all-house decorations solution for imported and locally made house fittings on one platform,” he said in a statement.

The firm, a subsidiary of construction firm China Wu Yi, also plans to cash in on the planned mass housing development projects in Kenya to drive wholesale deals for major private and public projects.

Chinese Economic Consular Guo Ce welcomed the investment and urged incoming Chinese-owned companies to sponsor Kenyans to undertake technical training on various trades.

Coloho Mall is eyeing the do-it-yourself furniture market and has trained 46 local artisans who will undertake finishing of imported semi-finished furniture.


Read More


Category: business news lifestyle markets

Suggested

1 day ago, 07:51
@BusinessDaily - By: Patrick Alushula
Marginalised counties demand Sh28.3bn from Treasury

Kenya’s poorest counties have teamed up to demand the release of Sh28.3 billion that the National Treasury has withheld over the years ...

Category: business corporate news
1 day ago, 07:43
@BusinessDaily - By: Patrick Alushula
Lobby reads mischief in accountants transfers

ICPAK accuses govt of witch-hunt saying procurement and accounting officers have been denied access to their previous duties ...

Category: business news
1 day ago, 22:19
@DailyNation - By: Peter Changtoek
Summer flowers for small farmer

Thomas Sang grows flowers that he sells to a firm that exports them earning a tidy sum ...

Category: business news
1 day ago, 23:14
@TheStar - By: Abel Muhatia @muh ...
Kerosene and petrol prices slashed before Christmas

Poor households that largely depend on Kerosene for lighting and cooking will enjoy the fuel at a cheaper rate for the next one month following ERCs latest review.According to the review, the cost of ...

Category: topnews news business
1 day ago, 22:19
@DailyNation - By: Isaiah Esipisu
Only smart farming will overcome climate change: Experts

Scientists note that the use of technologies and innovations like solar irrigation, digital agriculture, climate-smart agriculture and climate-smart breeding, is the only way to tackle the negative ...

Category: business news
1 day ago, 22:34
@TheStar - By: Andrea Bohnstedt
Financing through CSR

A few days ago, president Uhuru Kenyatta said that he would require banks to emulate KCB Group’s corporate social responsibility (CSR) programme and set aside funds for youth empowerment programmes. K ...

Category: topnews news business

@BusinessDaily

Chinese mall sets sights on online customers

1 weeks ago, 17:16

By: James Kariuki

The newly opened Sh5 billion house furnishings and furniture outfit, Coloho Mall is banking on online purchases to drive sales.

Mall owner Zhong Wu E-Commerce (Kenya) Ltd said the firm is targeting the rising urban middle class keen on latest trends on lighting, wall and floor decorations.

“This investment gives Kenyans a one-stop construction materials and an all-house decorations solution for imported and locally made house fittings on one platform,” he said in a statement.

The firm, a subsidiary of construction firm China Wu Yi, also plans to cash in on the planned mass housing development projects in Kenya to drive wholesale deals for major private and public projects.

Chinese Economic Consular Guo Ce welcomed the investment and urged incoming Chinese-owned companies to sponsor Kenyans to undertake technical training on various trades.

Coloho Mall is eyeing the do-it-yourself furniture market and has trained 46 local artisans who will undertake finishing of imported semi-finished furniture.


Read More

Category: business news lifestyle markets

Suggested

1 day ago, 07:51
@BusinessDaily - By: Patrick Alushula
Marginalised counties demand Sh28.3bn from Treasury

Kenya’s poorest counties have teamed up to demand the release of Sh28.3 billion that the National Treasury has withheld over the years ...

Category: business corporate news
1 day ago, 07:43
@BusinessDaily - By: Patrick Alushula
Lobby reads mischief in accountants transfers

ICPAK accuses govt of witch-hunt saying procurement and accounting officers have been denied access to their previous duties ...

Category: business news
1 day ago, 22:19
@DailyNation - By: Peter Changtoek
Summer flowers for small farmer

Thomas Sang grows flowers that he sells to a firm that exports them earning a tidy sum ...

Category: business news
1 day ago, 23:14
@TheStar - By: Abel Muhatia @muh ...
Kerosene and petrol prices slashed before Christmas

Poor households that largely depend on Kerosene for lighting and cooking will enjoy the fuel at a cheaper rate for the next one month following ERCs latest review.According to the review, the cost of ...

Category: topnews news business
1 day ago, 22:19
@DailyNation - By: Isaiah Esipisu
Only smart farming will overcome climate change: Experts

Scientists note that the use of technologies and innovations like solar irrigation, digital agriculture, climate-smart agriculture and climate-smart breeding, is the only way to tackle the negative ...

Category: business news
1 day ago, 22:34
@TheStar - By: Andrea Bohnstedt
Financing through CSR

A few days ago, president Uhuru Kenyatta said that he would require banks to emulate KCB Group’s corporate social responsibility (CSR) programme and set aside funds for youth empowerment programmes. K ...

Category: topnews news business
Our App