{"id":24089,"date":"2023-09-07T14:55:16","date_gmt":"2023-09-07T14:55:16","guid":{"rendered":"https:\/\/www.meretailnews.com\/?p=24089"},"modified":"2023-09-07T14:55:16","modified_gmt":"2023-09-07T14:55:16","slug":"stockzones-and-distichain","status":"publish","type":"post","link":"https:\/\/www.meretailnews.com\/2023\/09\/07\/stockzones-and-distichain\/","title":{"rendered":"Stockzones and Distichain partner to launch B2B platform"},"content":{"rendered":"<p><!-- VideographyWP Plugin Message: Automatic video embedding prevented by plugin options. --><br \/>\nSaudi online product distributor <a href=\"https:\/\/stockzones.com\/\" target=\"_blank\" rel=\"noopener\">Stockzones<\/a> has teamed up with Distichain, a UAE-based <a href=\"https:\/\/www.meretailnews.com\/2022\/12\/16\/middle-east-b2b-e-commerce-sector-to-reach-3-billion-by-2025-red-seer-report-reveals\/\">B2B<\/a> trading company, to launch a B2B platform to streamline import and export processes in the Middle East.<\/p>\n<p>This step aims to empower both online and offline distribution, in keeping with Saudi Vision 2030.<\/p>\n<p>CEO of Stockzones, Hussam Damen, said: &#8220;This partnership with Distichain aligns perfectly with our vision of enhancing the distribution landscape in the Middle East and supporting Saudi Vision 2030&#8217;s ambition to make Saudi Arabia the regional e-commerce hub.&#8221;<\/p>\n<p>The partnership is cemented through a Letter of Intent signed by both parties during Seamless 2023 in Riyadh.<\/p>\n<p>The LOI outlines the commitment of Stockzones and Distichain to bring efficiency, transparency and convenience to businesses to distribute their products within the region.<\/p>\n<p>Both companies are looking to work together and launch the enhanced B2B capabilities later this year.<\/p>\n<p>CEO of Distichain, Haisam Jamal, said: &#8220;We believe that our collaboration can add real value to suppliers looking to seamlessly operate across the Middle East.<\/p>\n<p>&#8220;By embracing digitalisation, this collaboration with Stockzones will empower businesses\u2019 ability to grow\u201d.<\/p>\n<p>The Middle East has witnessed a remarkable surge in the adoption of B2B e-commerce in recent years, Middle East Market Analysis reports.<\/p>\n<p>This growth can be attributed to various factors, including increasing internet penetration and the proliferation of online marketplaces.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi online product distributor Stockzones and Distichain partner to launch a B2B system in the Middle East in keeping with Saudi Vision 2030<\/p>\n","protected":false},"author":40,"featured_media":21046,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[154,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24089"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=24089"}],"version-history":[{"count":2,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24089\/revisions"}],"predecessor-version":[{"id":24091,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/24089\/revisions\/24091"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/21046"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=24089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=24089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=24089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}