FARFETCH GETS ANOTHER INVESTMENT Farfetch recently announced that it will be offering convertible senior notes totaling $250 million USD to global tech company Tencent and San Francisco-based investment firm Dragoneer. Tencent is on board to [...]
DUBAI'S E-COMMERCE DEVELOPMENT TO GLOBAL PLAYER The E-commerce market is one of the fastest growing markets worldwide and with the recently announced strategy some more changes are expected. Although the growth figures speak for themselves, [...]
There’s just One Year to Go. One year till Dubai showcases the World’s Greatest Show. Expo 2020 Dubai will be a celebration of human brilliance and achievement. It will be an opportunity for people to [...]
The UAE stands only behind Singapore when it comes to smartphone adoption, with mobile devices accounting for 85 percent of total connections, according to new statistics from GSMA Intelligence. According to the data, the number [...]
The UAE has retained its position as the most advanced e-commerce market in the Middle East and North Africa (Mena) region, with e-commerce transactions in the country estimated to hit Dh59 billion in 2019, new [...]
A judge in Italy has approved the sale of Italian group, Roberto Cavalli SpA. to Dubai based property developer, Damac, sources say. Cavalli had been actively seeking a buyout with sources close to the brand [...]
It is Emaar Malls next super buy. After the foundation of Noon, the direct competitor to Amazon.ae, the Emaar Malls group moves forward economically. Noon, the Saudi-Emirati eCommerce company has quietly acquired Sivvi, a [...]
The middle east is growing fast. Meanwhile, the eCommerce market in the middle east is currently the fastest growing eCommerce market worldwide. The global B2C (business to consumer) e-commerce spending topped $3.8 trillion in 2017. [...]
Privacy & Cookies Policy
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.