5 Companies Owned By Davido

5 Companies Owned By Davido

David Adedeji Adeleke, popularly often called Davido, is not only a Nigerian music celebrity but additionally a shrewd businessman. From his early days within the music scene, Davido understood the significance of diversifying his revenue streams and has since ventured into quite a lot of companies. Past music, the Omo Baba Olowo crooner has delved into vogue, actual property, and even the bustling nightlife trade. 

These ventures not solely amplify his affect within the leisure world but additionally showcase his entrepreneurial spirit. As followers groove to his tunes, in addition they get a glimpse of a musician who thinks past the stage, continuously discovering methods to increase his empire. Let’s dive into a few of his enterprise ventures.

DMW (Davido Music Worldwide)

Davido Music Worldwide (DMW) stands as a testomony to Davido’s affect within the African music scene. Established in 2016 after his departure from HKN Music resulting from inside disagreements, DMW shortly rose to prominence, signing notable artists like Mayorkun, Dremo, Yonda, and Peruzzi. Over time, its roster expanded with the inclusion of skills like Lola Rae, Lil Frosh, Idowest, and the label’s first feminine artist, Liya. 

Producers like Contemporary VDM and Speroach Beatz have additional solidified its popularity for hit songs. Whereas some artists have come and gone, Davido’s imaginative and prescient for DMW stays clear: to dominate the Afrobeats panorama and nurture the subsequent era of music skills.

OBO Clothes Line

Davido, also called Omo Baba Olowo (O.B.O), many companies together with the style world with the launch of his clothes line named O.B.O. Whereas the introduction of this line confronted some critique, notably for using white fashions throughout its unveiling, it underscores Davido’s entrepreneurial spirit and drives to diversify his model. vogue fanatics and followers can discover and buy his designs on hkngangwears.com, a testomony to his ever-growing affect past simply the music trade.

Chilling motorsports

Davido’s entrepreneurial journey continues past music and vogue, as he faucets into the exhilarating world of motorsports. Saying this enterprise in an Instagram submit on October 15, 2018, the multi-award-winning artist showcased a shocking racing automobile, additional highlighting his enterprise growth. Regardless of being one among Africa’s top-earning musicians, Davido will not be resting on his laurels. 

For these unfamiliar, motorsports embody occasions primarily centered on motorized autos, be it for racing or different competitions. With this transfer, Davido additional cements his standing as a multifaceted entertainer and entrepreneur, eager on exploring various avenues of enterprise.

Pacific Holdings

Davido, the celebrated music artist, has expanded his horizons by becoming a member of the household’s profitable enterprise, Pacific Holdings Restricted. The corporate’s official web site now lists “Davido Adeleke” as a member of its board of administrators, alongside his father and brother, Wale. Pacific Holdings, primarily based in Lagos, Nigeria, is a various conglomerate overseeing six principal subsidiaries, together with ventures in drilling, farming, warehousing, ventures, freight, and fuel. With this transfer, Davido showcases his versatility, balancing a profitable music profession whereas entering into the realm of company management in one among Nigeria’s outstanding companies.

Partnership with Batsika fintech firm

One of many companies in Davido’s portfolio is the partnership with Bitsika, an all-in-one monetary app. Saying the collaboration on Twitter, he expressed his enthusiasm for the answer, which goals to streamline transfers and funds in Africa. Bitsika, accessible on each Google Play and the Apple App Retailer, presents customers a digital pockets supporting a number of currencies. It introduces social funds by distinctive usernames or QR codes. 

Moreover, customers can generate digital VISA playing cards for on-line buying and handle Bitcoin transactions, changing them to native currencies. Davido’s partnership signifies his dedication to addressing monetary challenges in Africa by revolutionary options.

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