Five things to know about the growth of last-mile delivery service
A rapidly evolving e-commerce sector has birthed a new generation of delivery providers
1. Fetchr: Founded in 2012 by Idriss Al Rifai, who was later joined by Joy Ajlouni, Fetchr’s Uberesque service uses GPS to track recipients via phones and deliver packages wherever they may be. Through investors such as New Enterprise Associates and Majid Al Futtaim Holdings, the company has raised $51m and operates in the UAE, Saudi Arabia, Egypt, Jordan and Bahrain. 2. Quiqup: UK-based Quiqup came to Dubai in April this year, making the UAE the company’s first overseas territory after its launch in 2014. With a solid Series B funding round of $27.5m last year, which was led by Jobi Capital, Quiqup is being trialled by local companies including Level Shoes, Wojooh, Virgin Megastore, and Pizza Express. 3. Transcorp: Started in 2013 by Lebanese entrepreneur Rodrigue Nacouzi, Transcorp has grown into a last-mile delivery force that boasts 100 vehicles that deliver 4,000 packages around the clock in Dubai – and a 55 percent share of the market, according to the company. It will expand into Saudi Arabia in 2019, and add Kuwait and Bahrain in 2020. 4. One-Click Delivery: One-Click Delivery, which was founded in 2016 by Hassan Halas, raised an undisclosed amount in its Series A funding from Middle East Venture Partners – the largest independent venture capital firm in the region – in 2017. Having now expanded operations into Muscat, Oman, the company plans to enter more cities in the Middle East this year. 5. Mara Xpress: Dubai-based Mara Xpress, which is part of the pan-African conglomerate Mara Group and backed by the investment arm of UAE’s Crescent Enterprises, was created in 2016 with a $10m plan to grow into three more cities. The company completed over half a million shipments in less than a year after its launch. It’s headed by Jeremy Skyrme.