talabat CEO Tomaso Rodriguez discusses the company’s IPO, market strategy, and future expansion plans with Arabian Business
quick commerce
Latest in quick commerce
delivery services
GCC quick retail market to see $15bn rise as Noon, Careem, Talabat and Super Apps change tack to gain consumer wallet shares
The sector is expected to see players increasingly shifting their business models to embrace multi-verticality
Delivery Hero
Talabat increases IPO offering amid strong investor demand
The IPO’s total offering size has been increased to 4,657,648,125 shares, up from the previously announced 3,493,236,093 shares
Delivery Hero
Delivery Hero’s Talabat IPO set to raise $1.5bn ahead of Dubai listing
Talabat’s IPO is expected to be one of the biggest in the UAE this year
Delivery Hero
Talabat set to deliver 15% of its stake to the public on DFM
UAE delivery platform has been the star performer of parent company Delivery Hero; Subscription period to open on 19 November
India
Indian retail group demands antitrust probe of quick commerce companies Swiggy, Blinkit, Zepto
The probe is sought for alleged predatory pricing
E-commerce
Revealed: UAE online shopping market to hit $17bn by 2025 as metaverse e-commerce, quick commerce take hold
Government initiatives, internet penetration, smartphone adoption, and a preference for convenient online shopping are driving e-commerce growth in the UAE
beauty and skincare
YallaHub to accelerate UAE quick e-commerce beauty market in partnership deal with Rada Russkikh
The deal assumes added significance as it comes at a time when beauty products take the lead in Dubai’s non-grocery express delivery sales
delivery services
Quick delivery services YallaHub, WEE Marketplace join forces to launch fastest 1-hour shipment in UAE
The two will launch their new partnership model first in Dubai, enabling consumers in the city to order goods with delivery within an hour
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
Food aggregators
Talabat to double number of dark stores in UAE
Currently the aggregator has 20 dark stores in operation across six cities in five emirates, but by the end of 2021, the food aggregator Talabat will have opened stores in Umm Al Quwain and Fujairah