@BusinessDaily

Chinese mall sets sights on online customers

6 days 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

17 minutes
@BusinessDaily - By: John Mutua
Auditor-General alarmed by 13 acting executives at NSSF

Auditor-General Edward Ouko has raised the alarm over more than three quarters of top executives of the National Social Security Fund (NSSF) including its chief executive. ...

Category: business corporate news markets lifestyle opinion economy
1 hour ago
@BusinessDaily - By: Mary Wambui
Afia juice billionaire owner announces NSE listing plans

Kevian Kenya owner Kimani Rugendo has hinted at plans of listing the foods processor on the Nairobi Securities Exchange. ...

Category: business corporate news markets lifestyle
1 hours ago, 21:56
@BusinessDaily - By: Kevin J. Kelley
Kenya to be named ‘anchor’ of Trump’s Africa policy

Kenya is set to be named an “anchor” country when the Trump administration unveils its Africa policy on Thursday. ...

Category: business corporate news markets lifestyle
2 hours ago, 20:12
@BusinessDaily - By: Winnie Atieno
Relief as Mtongwe ferry services back after more than two months

Mtongwe ferry services have resumed as tourists and local visitors flock to Mombasa for the Christmas festivities. ...

Category: business news lifestyle economy
1 hours ago, 21:35
@BusinessDaily - By: Gerald Andae
Farmers to get e-vouchers for cheap fertiliser

Farmers will next year use e-vouchers to buy subsidised fertiliser from private agro-vet shops in a bid to curb corruption and offer growers quality input. ...

Category: business opinion news
6 hours ago, 16:14
@BusinessDaily - By: Kennedy Kimanthi ...
Pomp and colour as Kenya marks 55 years of independence

Stands filled to capacity with Kenyans, some dressed in the colours of the national flag. ...

Category: business news

@BusinessDaily

Chinese mall sets sights on online customers

6 days 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

17 minutes
@BusinessDaily - By: John Mutua
Auditor-General alarmed by 13 acting executives at NSSF

Auditor-General Edward Ouko has raised the alarm over more than three quarters of top executives of the National Social Security Fund (NSSF) including its chief executive. ...

Category: business corporate news markets lifestyle opinion economy
1 hour ago
@BusinessDaily - By: Mary Wambui
Afia juice billionaire owner announces NSE listing plans

Kevian Kenya owner Kimani Rugendo has hinted at plans of listing the foods processor on the Nairobi Securities Exchange. ...

Category: business corporate news markets lifestyle
1 hours ago, 21:56
@BusinessDaily - By: Kevin J. Kelley
Kenya to be named ‘anchor’ of Trump’s Africa policy

Kenya is set to be named an “anchor” country when the Trump administration unveils its Africa policy on Thursday. ...

Category: business corporate news markets lifestyle
2 hours ago, 20:12
@BusinessDaily - By: Winnie Atieno
Relief as Mtongwe ferry services back after more than two months

Mtongwe ferry services have resumed as tourists and local visitors flock to Mombasa for the Christmas festivities. ...

Category: business news lifestyle economy
1 hours ago, 21:35
@BusinessDaily - By: Gerald Andae
Farmers to get e-vouchers for cheap fertiliser

Farmers will next year use e-vouchers to buy subsidised fertiliser from private agro-vet shops in a bid to curb corruption and offer growers quality input. ...

Category: business opinion news
6 hours ago, 16:14
@BusinessDaily - By: Kennedy Kimanthi ...
Pomp and colour as Kenya marks 55 years of independence

Stands filled to capacity with Kenyans, some dressed in the colours of the national flag. ...

Category: business news
Our App