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johnbosco.shodrex.com
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Victoria Island, Lekki Lagos






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The Events that Led to the Valuation of Shodrex to be above $520,000 in less than 1 year

3 years   0   936   My News

Hello and happy new year once again, I'm Johnbosco Nnamso, Founder at Shodrex .

On behalf of the management and staff of Shodrex i want  to use this opportunity,  to say a very big thank you for being part of our journey in 2020.  though, the journey wasn't an easy one, but you all stood by us not withstanding the hurdles of 2020. We want to still say thank you for standing by us in the different stages of our development through out last year:

...From Hardwork to Smart work...
...From Coding to Business...

...The events that led a startup valuation to be above $520,00 in less than 1year...

Our hearts are filled with so much gratitude as we can not thank you all enough.

It is an already known fact that, Shodrex is a Technology Company that enables merchants, and business owners to create their E-commerce store, blog or website in less than 5minutes. The merchants get to sell their items, contents, services and as well accept payments from customers across the Globe. visit our link: www.shodrex.com/signup today to create your E-commerce store, Blog or website.

We at Shodrex urge you to kindly, sit back and enjoy the ride in this new year. It is no longer news that our technology powers many business and our services are trusted by many merchants.  Merchants who start their business makes use of Shodrex technology  to and many also run their business through this same platform, that is, they accept payments from customers.

With so much joy in our hearts, we wish to announce the launching of our two new major services/products in the financial sector which is called Shodrex Wallet (SW) and  Shodrex Exchange Service(SES). With these,  two new additional services, merchants and customers will be able to carry out transactions swiftly through the features of modern day payment.

In the year 2020, we have been able to secure Tech Partners,  as well as more than 1500 business, and it's of great interest to know that more international companies  accross the globe have been reaching out hands for more Tech Partnership with us.  We are also looking forward to finalizing pending deals with other new venture partners.

Our Current features and products enable merchants and customers to run their business smoothly, and we  have also map out plans of introducing more and efficient features in this year. it is also a great news to know that, our current technology features now powers  about 6000+ business. With 1330+ request to introduce more new features.

...It's often said that your nuts are probably bigger than you think...

With the results from our first  quarter in the year 2020 showed that 250+registered merchants with 105 + E-commerce stores created, and a total transaction volume.  With a total of 2300+ search queries per day, the merchants and business owners generated 2300+ customers. Responding to the suggestions from our users, we were able to create features that enables them own and run blogs easily with out any hassle. In addition to this we developed social media sharing tools that also enables business to thrive, increase sales and revenue easily. After we introduced new tools for the categories of business owners of cinema, Hotel/Hospitality, Restaurant, Food and Fashion e.t.c New business owners from the above mentioned categories, makes use of Shodrex technology to run their business online.

...As an Entrepreneur, your daily business activities is like an interview, cause you never know the hurdles you will be faced with, but you have so much faith in succeeding...

We have made progress in the second quarter of 2020 by having an additional 523 businesses that is powered by Shodrex technology services, by the virtue of that, we have also had total increase of $12,300 valued transactions. In our quest to enable entrepreneurs, business owners and creators to generate more profits easily, we were able to introduce Shodrex Creators online Training, with the aid of this training  we were able to train merchants and business owners on how they can run their business efficiently with Shodrex E-commerce and Fintech Features. See the link for the report of the creators training:

In the third quarter, we had a major increase in business, which is a total of 3,230 new businesses created their E-commerce store via Shodrex technology services, we were also able to add new features like swift customer management system and 2 premium plans (lite and Business) these plans allow merchants to customise their E-commerce store, blog and website. We also added another feather to our cap in that same third quarter of 2020. We also signing a technology and investment partnership contract that's worth $185,000 with an international VC Firm (Faster Capital), this Partnership is to enable Shodrex technology  to be able to serve it's esteemed merchants, business owners e.t.c better by creating more features that will help to boost the standard of it's Application for the Global E-commerce and Fintech market at the valuation of $520,000.

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