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Gokada

Gokada is a tech startup based in Lagos, Nigeria.[1][2] The startup launched as a ride-hailing company in 2017, before diversifying into Logistics and Food Delivery in 2020[3][4] after a ban on commercial motorcycles by the Government of Lagos State.[5]

Gokada
Gokada_logo
Company typeTech
IndustryLogistics & Food Delivery
Founded2017
FounderFahim Saleh, Deji Oduntan
HeadquartersLagos State,
ServicesLogistics & Food Delivery
Websitewww.gokada.ng

History edit

Gokada was co-founded by the late Fahim Saleh and Deji Oduntan in 2017,[6][7][8] as a bike-hailing company. Before launching Gokada in Nigeria, Late Fahim Saleh, had founded Pathao in 2013,[9][10] a popular ride company based in Bangladesh. He moved to Lagos in 2017, working with the help of his co-founder, Deji Oduntan, to launch Gokada.[11] In March 2019, the late Fahim Saleh took over as the CEO of Gokada, after his co-founder Deji stepped down from the role.[10] The company also raised a Series A funding of $5.3 million in 2019, having acquired approximately 1,000 motorcycles and completed nearly 1,000,000 rides.[12][13]

Ban of Okada in Lagos State edit

In January 2020, the Lagos State State Government announced a ban on commercial motorcycles,[14] which also affected Gokada and other motorcycle ride-hailing companies operating in Lagos State.[8][15][16][17][18] As a result of the ban, Gokada had to lay off about 80% of its workforce Gokada Go!.[19][20][21] Late Fahim Saleh had said in a statement that Gokada was about to enter into profit before the ban by the Lagos State Government was announced.[4]

Diversifying into Logistics and Food Delivery edit

The ban on Motorcycles by the Lagos State Government had an exemption for dispatch riders.[22][23] In February 2020, Gokada took advantage of this exemption and announced that it was diversifying into package delivery using its existing motorcycles and riders.[4][24][25][26] In the same month, Gokada was reported to have partnered with Jumia Food on food deliveries, while it worked on launching its own platform.[27] Later in 2020, Gokada would launch Gshop, its own food delivery service by partnering with restaurants to deliver food to its users on their platform.[28][1][29]

In June 2021, Gokada announced that it had surpassed $100,000,000 (100 million USD) in annual transaction value and had completed over 1 million food delivery and ecommerce orders for over 30,000 merchants in 12 months.[1][30][31][32]

Death of CEO edit

On the 15th of July, 2020, the death of the CEO of Gokada, late Fahim Saleh was announced. He was found dead in his New York Apartment by the Police on the 14th of July, 2020, murdered by multiple stabbed wounds.[33][34][35][36] On the 17th of July, late Fahim's Personal Assistant, Tyrese Haspil, was arrested and charged with the murder of the late CEO. He was alleged to have owed Fahim tens of thousands of dollars.[37][38][39]

New CEO Appointed edit

After the death of Fahim Saleh, Gokada appointed Nikhil Goel as the new CEO in March 2021.[40][41] He had been leading the Gokada team since death of Fahim. Before joining Gokada, Goel was the General Manager of Zomato, an online food delivery startup based in India and the former head of Head of Verticals at SafeBoda in Kenya.[41][42]

Launch of Super App edit

In 2021 Gokada launched its Super App, which allows its customers access its food delivery, Ecommerce, ride-hailing and logistics services on the same App platform. Before the Super App, Gokada had a separate App for its logistics (GSend) and its food delivery (GShop) services. The tech startup made the decision to combine its services in one Super App after it said its users requested that they put all the services on one platform.[1][29][43]

Relaunch of Ride-hailing Services edit

With the launch of the Super App also came the relaunch its ride hailing services after it expanded to two states in Nigeria; Oyo State and Ogun State. The two states do not have a ban in place against commercial motorcycles.[44][1][45][46]

References edit

  1. ^ a b c d e "Gokada to launch ride-hailing service in two Nigerian cities as part of super app plans".
  2. ^ "Bike-Hailing Startup Turns to Food Delivery After Ban in Lagos". Bloomberg.com. June 2021.
  3. ^ says, Waheed Lawal (February 13, 2020). "Gokada pivots into food delivery service".
  4. ^ a b c "Gokada to rebrand as delivery company -- after Lagos okada ban". TheCable. February 7, 2020.
  5. ^ "Lagos bans Gokada, ORide, others from 15 local governments". January 27, 2020.
  6. ^ "AI in the Field of Transportation - a Review". AI Daily - Artificial Intelligence News.
  7. ^ "Startup Profile: Escape Lagos Traffic with Gokada, the Uber of Okada Riders". June 8, 2018.
  8. ^ a b "Fahim Saleh's Nigerian venture Gokada was hit hard by new regulations". Dhaka Tribune. July 15, 2020.
  9. ^ "Motorbike taxi firms rev up for race into West Africa". Reuters. June 12, 2019 – via www.reuters.com.
  10. ^ a b Ekwealor, Victor (April 1, 2019). "Gokada co-founder, Fahim Saleh takes over as new CEO".
  11. ^ Kene-Okafor, Tage (July 15, 2020). "Gokada CEO, Fahim Saleh, passes on".
  12. ^ "Gokada raises $5.3m to increase daily rides by 1,000 percent". TheCable. May 24, 2019.
  13. ^ "Nigeria's motorcycle transport startup Gokada secures $5.3 million in Series A Funding". May 24, 2019.
  14. ^ . Archived from the original on 2021-04-20.
  15. ^ "The multifaceted implications of a ban on Okada and tricycles in Lagos". February 14, 2020.
  16. ^ Paul, Emmanuel (February 4, 2020). "Lagos Okada Ban: A policy expert walks us through some burning questions".
  17. ^ "BREAKING: ORide, MAX.ng, Gokada and others banned from major areas in Lagos". January 27, 2020.
  18. ^ Kazeem, Yomi (28 January 2020). "Lagos has banned its most effective methods of transport—including bike-hailing startups". Quartz.
  19. ^ "Gokada Reportedly Lays Off 80% Of Its Staff Following Okada Ban In Lagos". February 4, 2020.
  20. ^ "TechCabal Daily - Okada ban aftermath: Lights dim at Gokada HQ". February 5, 2020.
  21. ^ Kene-Okafor, Tage (February 3, 2020). "Motorcycle-hailing startup, Gokada lays off most of its workforce".
  22. ^ "Dispatch Riders Exempted From Motorcycle Ban, Says Lagos Police". Sahara Reporters. February 3, 2020.
  23. ^ "Lagos exempts security agents, dispatch riders, others from Okada ban". Vanguard News. February 3, 2020.
  24. ^ "Gokada branches into delivery, boat services after okada ban". February 7, 2020.
  25. ^ Udodiong, Inemesit (February 6, 2020). "After Lagos Okada ban, Gokada is branching into delivery and boat services". Pulse Nigeria.
  26. ^ "Gokada is pivoting to delivery and boat services, here is what this means for them". February 5, 2020.
  27. ^ "Gokada partners with Jumia on food deliveries". February 13, 2020.
  28. ^ "Gokada churns out innovative solutions to impact logistics industry in Lagos". December 4, 2020.
  29. ^ a b Giacomazzo, Bernadette (June 1, 2021). "Nigerian Tech Company Gokada Announces Plans Of A Super App". AfroTech.
  30. ^ Akwaja, Chima (June 2, 2021). "Gokada Crosses $100m In Annualised Transaction Value".
  31. ^ "Nigeria's Gokada launches super app, passes $100m in annualised transaction value". June 4, 2021.
  32. ^ "Gokada launches Super App; crosses US$100 million in transactions". BENJAMIN DADA | Impressive reporting on tech in SSA. June 1, 2021.
  33. ^ Kazeem, Yomi (15 July 2020). "The American founder of a Nigerian bike-hailing startup has been gruesomely murdered in New York". Quartz.
  34. ^ Nicole Chavez and Rob Frehse (16 July 2020). "Gokada founder Fahim Saleh died of multiple stab wounds, medical examiner says". CNN.
  35. ^ "Gokada app founder died of multiple stab wounds, NY medical examiner says". Reuters. July 16, 2020 – via www.reuters.com.
  36. ^ "Gokada founder dead in New York apartment". African Business. July 15, 2020.
  37. ^ "Fahim Saleh: Pathao and Gokada CEO's assistant charged with his murder". BBC News. July 17, 2020.
  38. ^ Berger, Ben Chapman and Paul (July 17, 2020). "Tyrese Haspil Is Charged in Killing of Gokada CEO Fahim Saleh". Wall Street Journal – via www.wsj.com.
  39. ^ Slotnik, Daniel E. (July 17, 2020). "What We Know About the Killing of Tech C.E.O. Fahim Saleh". The New York Times.
  40. ^ "Delivery firm Gokada appoints CEO after murder of founder". African Business. March 17, 2021.
  41. ^ a b "Gokada appoints Nikhil Goel as new CEO". March 17, 2021.
  42. ^ Kolawole, Oluwanifemi (March 17, 2021). "Gokada announces new CEO, Nikhil Goel".
  43. ^ "Why food-on-demand can be Gokada's ticket to super app stardom". July 15, 2021.
  44. ^ "Gokada expands service to Oyo, Ogun". Punch Newspapers. June 7, 2021.
  45. ^ Adesanya, Adedapo (June 1, 2021). "Gokada to Resume Operations in Ogun, Oyo | Business Post Nigeria".
  46. ^ "Gokada to take on Safeboda, set to launch bike-hailing service in Ibadan and Ogun". June 1, 2021.

gokada, tech, startup, based, lagos, nigeria, startup, launched, ride, hailing, company, 2017, before, diversifying, into, logistics, food, delivery, 2020, after, commercial, motorcycles, government, lagos, state, logocompany, typetechindustrylogistics, food, . Gokada is a tech startup based in Lagos Nigeria 1 2 The startup launched as a ride hailing company in 2017 before diversifying into Logistics and Food Delivery in 2020 3 4 after a ban on commercial motorcycles by the Government of Lagos State 5 GokadaGokada logoCompany typeTechIndustryLogistics amp Food DeliveryFounded2017FounderFahim Saleh Deji OduntanHeadquartersLagos State NigeriaServicesLogistics amp Food DeliveryWebsitewww gokada ng Contents 1 History 2 Ban of Okada in Lagos State 2 1 Diversifying into Logistics and Food Delivery 2 2 Death of CEO 3 New CEO Appointed 4 Launch of Super App 4 1 Relaunch of Ride hailing Services 5 ReferencesHistory editGokada was co founded by the late Fahim Saleh and Deji Oduntan in 2017 6 7 8 as a bike hailing company Before launching Gokada in Nigeria Late Fahim Saleh had founded Pathao in 2013 9 10 a popular ride company based in Bangladesh He moved to Lagos in 2017 working with the help of his co founder Deji Oduntan to launch Gokada 11 In March 2019 the late Fahim Saleh took over as the CEO of Gokada after his co founder Deji stepped down from the role 10 The company also raised a Series A funding of 5 3 million in 2019 having acquired approximately 1 000 motorcycles and completed nearly 1 000 000 rides 12 13 Ban of Okada in Lagos State editIn January 2020 the Lagos State State Government announced a ban on commercial motorcycles 14 which also affected Gokada and other motorcycle ride hailing companies operating in Lagos State 8 15 16 17 18 As a result of the ban Gokada had to lay off about 80 of its workforce Gokada Go 19 20 21 Late Fahim Saleh had said in a statement that Gokada was about to enter into profit before the ban by the Lagos State Government was announced 4 Diversifying into Logistics and Food Delivery edit The ban on Motorcycles by the Lagos State Government had an exemption for dispatch riders 22 23 In February 2020 Gokada took advantage of this exemption and announced that it was diversifying into package delivery using its existing motorcycles and riders 4 24 25 26 In the same month Gokada was reported to have partnered with Jumia Food on food deliveries while it worked on launching its own platform 27 Later in 2020 Gokada would launch Gshop its own food delivery service by partnering with restaurants to deliver food to its users on their platform 28 1 29 In June 2021 Gokada announced that it had surpassed 100 000 000 100 million USD in annual transaction value and had completed over 1 million food delivery and ecommerce orders for over 30 000 merchants in 12 months 1 30 31 32 Death of CEO edit On the 15th of July 2020 the death of the CEO of Gokada late Fahim Saleh was announced He was found dead in his New York Apartment by the Police on the 14th of July 2020 murdered by multiple stabbed wounds 33 34 35 36 On the 17th of July late Fahim s Personal Assistant Tyrese Haspil was arrested and charged with the murder of the late CEO He was alleged to have owed Fahim tens of thousands of dollars 37 38 39 New CEO Appointed editAfter the death of Fahim Saleh Gokada appointed Nikhil Goel as the new CEO in March 2021 40 41 He had been leading the Gokada team since death of Fahim Before joining Gokada Goel was the General Manager of Zomato an online food delivery startup based in India and the former head of Head of Verticals at SafeBoda in Kenya 41 42 Launch of Super App editIn 2021 Gokada launched its Super App which allows its customers access its food delivery Ecommerce ride hailing and logistics services on the same App platform Before the Super App Gokada had a separate App for its logistics GSend and its food delivery GShop services The tech startup made the decision to combine its services in one Super App after it said its users requested that they put all the services on one platform 1 29 43 Relaunch of Ride hailing Services edit With the launch of the Super App also came the relaunch its ride hailing services after it expanded to two states in Nigeria Oyo State and Ogun State The two states do not have a ban in place against commercial motorcycles 44 1 45 46 References edit a b c d e Gokada to launch ride hailing service in two Nigerian cities as part of super app plans Bike Hailing Startup Turns to Food Delivery After Ban in Lagos Bloomberg com June 2021 says Waheed Lawal February 13 2020 Gokada pivots into food delivery service a b c Gokada to rebrand as delivery company after Lagos okada ban TheCable February 7 2020 Lagos bans Gokada ORide others from 15 local governments January 27 2020 AI in the Field of Transportation a Review AI Daily Artificial Intelligence News Startup Profile Escape Lagos Traffic with Gokada the Uber of Okada Riders June 8 2018 a b Fahim Saleh s Nigerian venture Gokada was hit hard by new regulations Dhaka Tribune July 15 2020 Motorbike taxi firms rev up for race into West Africa Reuters June 12 2019 via www reuters com a b Ekwealor Victor April 1 2019 Gokada co founder Fahim Saleh takes over as new CEO Kene Okafor Tage July 15 2020 Gokada CEO Fahim Saleh passes on Gokada raises 5 3m to increase daily rides by 1 000 percent TheCable May 24 2019 Nigeria s motorcycle transport startup Gokada secures 5 3 million in Series A Funding May 24 2019 LAGOS BANS OKADA TRICYCLES IN 15 LOCAL COUNCILS Archived from the original on 2021 04 20 The multifaceted implications of a ban on Okada and tricycles in Lagos February 14 2020 Paul Emmanuel February 4 2020 Lagos Okada Ban A policy expert walks us through some burning questions BREAKING ORide MAX ng Gokada and others banned from major areas in Lagos January 27 2020 Kazeem Yomi 28 January 2020 Lagos has banned its most effective methods of transport including bike hailing startups Quartz Gokada Reportedly Lays Off 80 Of Its Staff Following Okada Ban In Lagos February 4 2020 TechCabal Daily Okada ban aftermath Lights dim at Gokada HQ February 5 2020 Kene Okafor Tage February 3 2020 Motorcycle hailing startup Gokada lays off most of its workforce Dispatch Riders Exempted From Motorcycle Ban Says Lagos Police Sahara Reporters February 3 2020 Lagos exempts security agents dispatch riders others from Okada ban Vanguard News February 3 2020 Gokada branches into delivery boat services after okada ban February 7 2020 Udodiong Inemesit February 6 2020 After Lagos Okada ban Gokada is branching into delivery and boat services Pulse Nigeria Gokada is pivoting to delivery and boat services here is what this means for them February 5 2020 Gokada partners with Jumia on food deliveries February 13 2020 Gokada churns out innovative solutions to impact logistics industry in Lagos December 4 2020 a b Giacomazzo Bernadette June 1 2021 Nigerian Tech Company Gokada Announces Plans Of A Super App AfroTech Akwaja Chima June 2 2021 Gokada Crosses 100m In Annualised Transaction Value Nigeria s Gokada launches super app passes 100m in annualised transaction value June 4 2021 Gokada launches Super App crosses US 100 million in transactions BENJAMIN DADA Impressive reporting on tech in SSA June 1 2021 Kazeem Yomi 15 July 2020 The American founder of a Nigerian bike hailing startup has been gruesomely murdered in New York Quartz Nicole Chavez and Rob Frehse 16 July 2020 Gokada founder Fahim Saleh died of multiple stab wounds medical examiner says CNN Gokada app founder died of multiple stab wounds NY medical examiner says Reuters July 16 2020 via www reuters com Gokada founder dead in New York apartment African Business July 15 2020 Fahim Saleh Pathao and Gokada CEO s assistant charged with his murder BBC News July 17 2020 Berger Ben Chapman and Paul July 17 2020 Tyrese Haspil Is Charged in Killing of Gokada CEO Fahim Saleh Wall Street Journal via www wsj com Slotnik Daniel E July 17 2020 What We Know About the Killing of Tech C E O Fahim Saleh The New York Times Delivery firm Gokada appoints CEO after murder of founder African Business March 17 2021 a b Gokada appoints Nikhil Goel as new CEO March 17 2021 Kolawole Oluwanifemi March 17 2021 Gokada announces new CEO Nikhil Goel Why food on demand can be Gokada s ticket to super app stardom July 15 2021 Gokada expands service to Oyo Ogun Punch Newspapers June 7 2021 Adesanya Adedapo June 1 2021 Gokada to Resume Operations in Ogun Oyo Business Post Nigeria Gokada to take on Safeboda set to launch bike hailing service in Ibadan and Ogun June 1 2021 Retrieved from https en wikipedia org w index php title Gokada amp oldid 1204296303, wikipedia, wiki, book, books, library,

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