noon’s Post

Have you visited The Best Supermarket in the World ? #Grandiose #GrandioseSupermarket #GrandioseDubai #GrandioseAbuDhabi #GhassanAboudGroup #ExperiencialRetail #Supermarket #RetailInnovation #GrandioseB1Mall

Dubai Traders is an innovative program designed to empower Dubai’s SMEs—the backbone of our economy. Small and medium businesses are key drivers of growth and vital contributors to achieving the ambitious goals of Dubai’s Economic Agenda D33. With Dubai Traders, we at Dubai Department of Economy and Tourism are committed to helping SMEs expand their reach and unlock new opportunities by adopting diverse sales channels, enabling them to scale both locally and globally. This initiative aims to boost the digital economy and accelerate SME growth by providing them with the tools and support needed to thrive in today’s competitive landscape. We are thrilled to announce our first partnership with noon, the local digital champion. Together with noon, we will offer a comprehensive support system to equip both emerging and experienced sellers with the resources they need to succeed. Through Dubai Traders, we are investing in the success of our local SMEs, driving digital adoption, and fostering economic growth in line with Dubai’s D33 agenda. We can’t wait to witness the next generation of Dubai's traders achieve extraordinary results! #Dubai #DubaiEconomy #D33 #EconomicGrowth #DubaiTraders #SMEs #Ecommerce #noon

My own opinion. The decision to close Jumia Food, as explained by the company's representative, was not a sign of struggling but rather a strategic move to capitalize on the growth opportunities within Jumia Uganda's core e-commerce business. This decision reflects a forward-thinking approach aimed at optimizing resources and talent to enhance the overall customer experience and product selection. It's evident that Jumia is committed to prioritizing its strengths and investing in areas with the greatest potential for growth. By consolidating efforts on its e-commerce platform, Jumia can better serve its customers and strengthen its position in the market. For those who may have concerns about the closure of Jumia Food, it's essential to understand that strategic decisions like these are often made with careful consideration of long-term objectives and market dynamics. While change can be challenging, it also presents opportunities for innovation and evolution. As for advice for Jumia Foods, it's crucial to focus on continuous improvement and adaptation to changing consumer preferences and market conditions. Leveraging data-driven insights, investing in technology and infrastructure, and maintaining a customer-centric approach are key factors for success in the competitive food delivery industry. while the closure of Jumia Food may mark the end of one chapter, it also opens up new possibilities for growth and innovation within Jumia's broader e-commerce ecosystem. #Jumiafood #jumiaecommerce

𝗦𝗮𝘂𝗱𝗶 𝗔𝗿𝗮𝗯𝗶𝗮'𝘀 𝗙𝗼𝗼𝗱 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝘁 𝗳𝗼𝗿 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 𝘄𝗶𝘁𝗵 𝗡𝗲𝘄 𝗚𝗿𝗼𝘄𝘁𝗵 𝗛𝗼𝘁𝘀𝗽𝗼𝘁𝘀 In the past, market growth was driven by a rising user base, particularly Saudi locals in the central region. This is expected to change as growth segments are expected to differ across regions. For example, we expect expats to drive the growth in central while locals will continue to see higher adoption in other underpenetrated regions.    We also anticipate a rise in spending per customer due to the increase in disposable income, busy lifestyles, and urbanization. Additionally, attractive loyalty programs (Jahez International Company Prime, HungerStation | هنقرستيشن Plus, ToYou | تويو Plus) will act as a catalyst for further growth in spending per customer   The emergence of new players in the market underscores an expanding addressable market. Despite being new, players like noon, Ninja, مستر مندوب | MR MANDOOB warrant close attention to the market’s future growth potential. The existing challengers, especially The Chefz and ToYou | تويو are also witnessing increased growth. These players will ensure that consumers continue to see benefit from innovations in the market even in the future. #KSAfooddelivery #fooddelivery #saudidelivery #saudifooddelivery #Hungerstation #Jahez #Toyou #mrsool #thechefz #ninjafood #noon #noonfood #deliverymarket #ksagrowth #KSA #aggregatormarket #foodaggregator

Noon.com goes live in Saudi Arabia - News | Khaleej Times? Location: Saudi Arabia Platform: Noon.com’s platform includes a wide range of products such as electronics, fashion, beauty, home goods, and groceries. **2. Strategic Importance Market Expansion: This launch represents Noon.com’s strategic move to capture a larger share of the growing Saudi e-commerce market. Economic Impact: The entry into Saudi Arabia aligns with the country’s Vision 2030 initiative, which aims to boost the digital economy and enhance consumer choices. **3. Local Features and Offerings Localized Experience: Noon.com has tailored its offerings to cater to local preferences and needs, including Arabic language support and localized product assortments. Exclusive Deals: Special promotions and exclusive deals are available for Saudi customers to attract early adopters.

🚀 For food delivery businesses in the UAE, it's that time of year when demand comes roaring back! 🇦🇪 2024 is no different. And it all kicks off now, during back-to-school season. Looking at some of the week-on-week changes in delivery demand across the UAE: ➡️ 10% increase in total orders. A whopping increase of up to: ➡️ 40% in lunch hotspots like DIFC, JLT, and Media City. ➡️ 40% in family-focused neighborhoods like Motor City and Arabian Ranches. It's full steam ahead over the next three months. September, October, and November are some of the highest-demand months for food delivery in the UAE. This means: ✅ Focusing on growth now. ✅ Capturing as much market share as possible. ✅ Capitalizing on the higher demand before December. Get in touch and see how Revly can support your growth goals during peak demand.

Jumia will exit South Africa and Tunisia by the end of 2024 to focus on its West and East African markets. Exiting those regions is on-brand for Jumia which has been streamlining its business over the past year, shutting down Jumia Food, cutting headcount, and refocusing its business from a previous focus on small ticket items. Here’s why Jumia is exiting these markets 👉 https://lnkd.in/deND9JeC 

We have been waiting for years to get Spinney's to open in Saudi Arabia. Thanks, Antos, for the great news!! The leading premium fresh food retailer, Spinney's, has announced the opening of its first store in Saudi Arabia, located in the vibrant new mixed-use development La Strada Yard in the popular and affluent An Nuzha district of Riyadh. The Saudi imports market presents significant potential, especially in the segments of meat, bakery items, and snacks. Saudi Arabia's demand for high-quality food products continues to grow, driven by an expanding middle class and increasing consumer preference for premium (Western) goods. Religious tourism, such as Hajj and Umrah, also opens a mega opportunity for Ontario's F&B sector. Ontario Beef already has a presence in Saudi Arabia, primarily selling high-end steaks, which are favored for their quality. Canadian beef, in general, is preferred over other imports due to its reputation for superior taste and stringent safety standards. The primary competition for beef in the Saudi market comes from Australia, known for its high-quality beef products. For poultry, Brazil is the major competitor, dominating the market with its extensive range of chicken products. With a well-established preference for Canadian beef and an increasing appetite for premium bakery items and snacks, the Saudi market offers a lucrative opportunity for exporters looking to tap into this growing demand. #SaudiImports #MeatMarket #BakeryItems #Snacks #OntarioBeef #CanadianBeef #PremiumFood #SaudiArabia #HighEndSteaks #FoodImports #AustralianBeef #BrazilianChicken #ReligiousTourism #Hajj #Umrah #OntarioFBSector

At the Future Investment Initiative (FII Institute Conference) in Riyadh, noon CEO Faraz Khalid noon announced that the e-commerce giant is piloting its first physical store in Downtown Dubai. This new venture aims to merge in-store experiences with Noon's robust digital platform, offering customers a seamless blend of traditional and online shopping options. Khalid also highlighted the growing success of Noon Minutes, the app's rapid delivery service, which now outpaces Noon's food delivery in popularity. With an average delivery time of just 11 minutes, Minutes now reaches 80-90% of key urban areas, setting new standards in the region for fast, efficient service. He emphasized that while physical stores offer a unique, personalized shopping experience, the immediacy of Minutes addresses the modern consumer’s demand for speed and convenience, especially during extreme weather. Noon, backed 50-50 by Saudi Arabia's Public Investment Fund (PIF) and Emaar founder Mohamed Alabbar along with other private investors, has become a leading force in the Gulf e-commerce market. While Amazon holds the top spot in the UAE, Noon has overtaken it as the market leader in Saudi Arabia, according to Campaign Middle East. https://lnkd.in/dQd5dxZF

#SaudiArabia's #food #delivery market is booming, as highlighted in a new special report by Lucidity Insights and Entrepreneur Middle East. Valued at $10 billion in 2023, the market is projected to soar to $14.9 billion by 2028, outpacing regional competitors. ▪️While #meal #delivery currently holds the lion's share of the market at 88%, grocery delivery is poised for significant expansion, expected to reach 19% by 2028. This shift reflects a broader trend towards #online #grocery #shopping in the Kingdom. The sector's importance is further emphasized by the substantial investments it attracts. Tech food startups in Saudi Arabia have garnered over $555 million in funding over the past five years, with food delivery companies securing a notable 48% share ($266 million). ▪️The flourishing market is evident in the high average annual revenue per user (#ARPU). In 2022, Saudi Arabia boasted an ARPU exceeding $600 per person, surpassing both #Egypt and the #UAE. This lucrative market presents significant opportunities for both established players and innovative startups in the food delivery space.