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
e-grocery
Latest in e-grocery
acquisitions
Saudi grocery chain buys majority stake in e-commerce app developer for initial payment of $28.7 million
BinDawood Holding will invest up to an additional $42.65 million over a two-year period to develop the platforms, the roll-out of stores, and fulfillment centres, and to help shorten delivery times
business funding
Dubai-based YallaMarket raises $2.3m in latest funding round
Funding will be used to fuel expansion from current six dark stores in Dubai to 100 stores across the UAE, with plans to enter Qatar by the end of 2022
acquisitions
Etisalat telecom acquires UAE’s grocery app elGrocer
ElGrocer’s online presence in the country will complement Etisalat UAE’s existing marketplace services under the brand ‘Smiles’ including online food delivery, lifestyle offers and the ability to earn and redeem points at more than 7,000 outlets across the UAE
delivery services
Healthy eating, grocery delivery in GCC here to stay post-pandemic
Covid-19 was a catalyst for burgeoning trends across sectors, and the food industry was no exception, with the pandemic fuelling a rise in healthy eating as well as home delivery