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Sun 15 Apr 2018 12:10 PM

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Dubai to launch local online marketplace for e-traders

Concept will support licenced SMEs by eliminating direct competition

Dubai to launch local online marketplace for e-traders

A local online marketplace for SMEs and home-based e-traders will launch in Dubai in the third quarter of 2018.

DubaiStore was set up by Digital Economy Solutions (DES), a joint venture between emaratech and the Department of Economic Development of Dubai (DED).

The concept aims at supporting licenced SMEs in Dubai by eliminating zero possibility of direct competition between it and the sellers, since it does not own or sell any products of its own.

The exposure will enhance the businesses’ visibility, while providing them with a new sales platform through which they can grow their brands.

The model was revealed at the Seamless exhibition in Dubai.

Abdallah Hassan, CEO of DES, said: “DubaiStore aims to support the economic growth of Dubai by encouraging e-commerce as an efficient trading channel, governed by Dubai’s laws and regulations.”

With the support of Department of Economic Development (DED), DES will enrol eTraders without registration or commission charges.

It is also exploring partnerships with key players in the market.

DubaiStore will have the capabilities of creating and managing online stores and orders, and will also offer businesses analytics and advisory services.

Some of its other features include an onsite customer service message centre, an integrated ‘noqodi’ payment gateway to facilitate online payments and ZAJEL courier service to facilitate deliveries.

Arabian Business digital magazine: read the latest edition online