“Customers expect things in minutes,” says Amazon boss, as e-commerce giant plays catch-up in hyper-competitive grocery sector
q-commerce
Latest in q-commerce
ADNOC Distribution
ADNOC Distribution and noon partner to redefine quick-commerce in the UAE
New noon Minutes fulfilment hubs to be placed within ADNOC Distribution service stations, the UAE’s largest network of retail locations
delivery services
Egyptian q-commerce leader Rabbit expands into Saudi Arabia, targets 20mn deliveries by 2026
The fast-grocery delivery startup Rabbit has established its regional headquarters in Riyadh, with operations now up and running through a network of ‘dark stores’
Abu Dhabi
EXCLUSIVE: talabat IPO ‘very successful’, plans 2025 product expansion, says CEO
talabat CEO Tomaso Rodriguez discusses the company’s IPO, market strategy, and future expansion plans with Arabian Business
delivery services
Talabat over-delivers on guidance as net income grows 64% to $346mn
Revenue and Adjusted EBITDA growth exceeded guidance; Gross merchandising value up 23% to $7.4 billion; Net income up 64% to $346 million
India
Indian retail group demands antitrust probe of quick commerce companies Swiggy, Blinkit, Zepto
The probe is sought for alleged predatory pricing
delivery business
Talabat IPO: Delivery Hero announces plans for Dubai stock market listing
The company plans to list talabat on the Dubai Financial Market (DFM) in the fourth quarter of 2024
Discounts and Deals
Revealed: Loyalty programmes drive online shopping in UAE to hit $5.5bn till half-way 2024
A latest study showed that as high as 75% of UAE shoppers are subscribers to various loyalty programmes offered by online marketplaces and companies across sectors
delivery apps
Quick commerce will take over the Middle East shopping landscape
In a world now fuelled by an unquenchable thirst for convenience, technology has transformed our behaviour from traditional shopping habits to instant service
E-commerce
E-commerce: Industry leaders form new platform in MENA to boost profitability, liaison with governments
The latest community initiative is aimed at giving further fillip to the surging e-commerce sector in MENA, which is estimated to reach a market volume of $50 billion by 2025
Dubai
Global health food brand VkusVill launches e-grocery in Dubai through YallaMarket delivery
VkusVill currently has more than 1,350 stores in 70 cities across CIS and China, besides over 120 dark stores, a mobile app, and an online store
delivery services
How Dubai’s logistics sector is evolving alongside online retail
The world of delivery is changing, and logistics will need to continue to innovate
AI infrastructure
Mohammed Bin Rashid Innovation Fund provides $1.36mn in funding to q-commerce tech startup Quiqup
The guarantee for a loan from MBRIF enables Quiqup to access affordable debt finance to continuously invest in their research and development capabilities and strengthen their innovative technology solution, as they plan to scale across the region
Consumer preferences
Get ready for the future of retail
As consumers change, GCC retailers must do more than keep pace. They must transform and anticipate their customers’ needs, providing them with a dynamic and exciting retail experience
food retail
MENA quick commerce market to hit $47bn by 2030
Adjacent sectors, including last-mile delivery, mobility and social commerce, that $47bn market can expand to reach the equivalent of a $100bn market opportunity
GCC e-commerce market
Q-commerce to garner 7% share of MENA’s $30bn e-commerce market this year
Rising trend is attracting several products across sectors such as electronics, fashion, home, furniture, books and newspapers, toys, gifts and flowers, according to new research
Expo 2020 Dubai
Talabat selected as official food delivery provider for Expo 2020 Dubai
Futuristic food distribution will include 10 autonomous delivery vehicles and a robotic ice-cream confectioner and barista
