The 188bet online sports betting company GONA announced the completion of multi-million dollar Pre-A round of financing，The investor is Qingliu Capital、Jiuhe Venture Capital and Shaka VC。GONA founder and CEO Liu Xiaojun said，This round of financing will be used for team building and product technology upgrades。

According to Liu Xiaojun’s introduction，Africa is on the eve of the explosion of mobile Internet，MTN, an operator with hundreds of millions of users, is making efforts to popularize mobile payments，4G network coverage in hotspot areas is basically completed，The infrastructure is ready。Lagos is the largest commercial city in Nigeria and even Africa，Has a population of nearly 23 million，Official language is English，Due to the special terrain location and limited urban planning capabilities，It is also one of the most congested big cities in the world。As the most frequently needed means of transportation for local 188bet online sports betting, minibus operation and supply-demand matching are very inefficient，We are currently facing two major pain points: 1) The driver has no fixed departure time，Passengers cannot obtain vehicle dynamic information，Extremely inconvenient to carry；2) Because the face value of the banknote is too large，It is inconvenient for users to get change when paying fare，Drivers frequently refuse to give change。

GONA was established at the end of 2018，Currently entering the local 188bet online sports betting market through the high-frequency scenario of minibuses，Use technology to improve operational efficiency，At the same time, it solves the two major 188bet online sports betting pain points of inconvenience in loading and inconvenience in finding change。The team has fully completed localization in the first half of 2019，Currently focusing on bus transportation business in the Lagos Metropolitan Area，Thousands of active users and nearly 10,000 transactions per day。

According to Gu Yuan, co-founder of GONA，The company’s team members are distributed in China and Africa，Core members are from Huawei Africa，Didi，Morgan Stanley and other well-known companies，Educational background includes Fudan University，Cornell University，New York University，University of California, Los Angeles and other famous universities in China and the United States，Excellent product technical talents from existing China Mobile Internet companies，has strong localized operations and business development capabilities in Africa，Is an international team with rich Internet experience。

Liu Xiaojun said，GONA’s next development focus is to further improve product operations，Enhance technical reserves，Continue to empower public transportation services in Lagos，And gradually expand the business to other hot cities throughout East and West Africa，Strive to become the largest 188bet online sports betting platform in Africa。

Chen Yun, Investment Director of Qingliu Capital said，Qingliu Capital is one of the first early-stage funds to conduct field research in Africa，We have conducted an in-depth analysis of the African market in our research report on investment opportunities in Africa，We think，With the rapid development of Africa's overall economy and the explosion of young and middle-aged population，"Water in conjunction with infrastructure upgrades"、Electricity、Coal will become the first wave of the Internet in Africa，There are platform-level opportunities。188bet online sports betting, as a high-frequency scenario with rigid needs, is a very valuable and potential Internet entrance。GONA starts from the minibus which is the most popular in the local area，Maximize 188bet online sports betting efficiency，Has a lot of room for development。GONA team combines international vision、Rich Internet experience and strong local execution ability，The business has achieved rapid growth since its establishment。Qingliu Capital is optimistic about the development of GONA in the long term，We will also continue to pay attention to opportunities in the African market。

*This 188bet online sports betting comesSource：Pencil Road, Author:Xi Yan, original title: "Using technology to improve travel efficiency, 188bet online sports betting company “GONA” completes multi-million dollar Pre-A round of financing》.