Jeddah ramps up logistics facilities
With e-commerce growing fast in Saudi Arabia, the kingdom is preparing to increase its logistical facilities.
The nation’s B2C e-commerce Gross Merchandise Value, estimated at $14.1 billion in 2021, is…
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Digital experiences at Saudi malls to take centre stage at 2023 RLC Mena Summit
The integration of digital experiences with physical stores in Saudi malls will be the main topic at the ninth Retail Leaders Circle Mena Summit, scheduled to take place in Riyadh…
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Indian logistics provider for e-commerce expands to Middle East
Indian logistics SaaS startup Elixia Inc has raised funds to expand into the Middle East, as well as in India and the USA.
The company had raised $1 million in…
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MishiPay to launch in Saudi Arabia
UK’s scan & go technology provider MishiPay is set to roll out its operations in Saudi Arabia in partnership with Saudi- based women’s wear brand Bloomingwear to consolidate its influence…
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LuLu opens hypermarket in Saudi Arabia
LuLu has launched a hypermarket in Saudi Arabia’s Al-Khobar city.
It was inaugurated by Hamad Bin Mohammed AlbuAli, Vice President of the Chamber of commerce Eastern Province in the presence…
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Retailo grabs $36 million in Series A funding round
Retailo, a Saudi B2B retail supply chain digitalisation start-up, has scooped up $36 million in a Series A funding round, led by the Silicon Valley-based Graphene Ventures.
The Series A…
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Saudi e-commerce could get a boost after Zoho’s $30 million investment in SME sector
India-based global software company Zoho Corp. is set to invest $30 million in Saudi Arabia to encourage technology adoption across its small and medium enterprises, with a focus on e-commerce. …
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Hala acquires Paymennt.com
Saudi fintech Hala has acquired UAE-based start-up Paymennt.com for an undisclosed sum during the LEAP 2023 technology event.
This acquisition will allow Hala to further diversify its product offerings by…
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Cenomi Retail posts stable revenues
The largest franchise retailer in Saudi Arabia, Cenomi Retail, has reported revenues of SAR 1,460 million, and SAR 4,538 million for the third quarter and nine-month period of FY2023 respectively. …
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LEAP 23: Saudi retailers can benefit from AI
Middle East communications platform Unifonic showcased AI-powered customer engagement solutions for various companies, including retailers at LEAP 2023 which was held in Saudi Arabia.
The company connects local enterprises with…
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