By Staff writer
In first three months of 2020 there were 943 new DED Trader licenses issued in total
Female entrepreneurs make up 60 percent of e-commerce licenses granted in Dubai since the DED Trader license was launched in 2017.
Pioneered by the Business Registration & Licensing (BRL) sector in Dubai Economy, the DED Trader license enables business activities online and across social networking accounts.
Currently there are a total of 5,353 DED Traders in the emirate.
With online shopping and e-commerce scoring high for convenience and safety in the current Covid-19 pandemic, DED Trader licenses were issued to 943 new businesses during the first three months of 2020, an increase of 179 percent over the same period last year.
In April alone there were 102 DED Trader licenses issued.
Business IT included 17 activities, topping the list of groups in the DED Trader licenses issued during January-March 2020, followed by fashion, other personal and trading services, event organisers and preparation of food.
Altogether, the DED Trader license is issued to 87 activity groups. The number of permitted activities in a single license is 10, provided they are consistent within the same activity category.
Lifestyle coaching tops the list of activities licensed since the launch of the DED Trader, followed by marketing services via social media, project management services, marketing management and portals.
DED Trader has witnessed rising demand every quarter since its launch with 41 licenses issued during the first month. While the number of licenses issued increased from 270 to 303 between the first and last quarters of 2018, the increase during the same period in 2019 was from 525 to 839 - the last quarter of 2019 saw a 276 percent increase in licenses issued compared to the same period in the previous year.