Leaders in a highly attractive and under-penetrated market with the highest order volumes and widest geographic reach in MENA
Business model benefiting from powerful local network effects, driving growth, service quality and platform loyalty
Attractive financial profile with a robust growth track record
Pioneers in technological innovation with the ability to leverage the reach, experience and expertise of our parent company, Delivery Hero
Passionate and highly experienced management team with over 40 years of combined C-suite management experience and proven execution capabilities
> 6 million active customers*
> 65,000 active partners*
> 119,000 active riders*
> 480 technology and product experts
AED 19.8 billion Gross Merchandise Value (GMV) **
AED 1.3 billion Adjusted EBITDA
AED 1.3 billion Adjusted Free Cash Flow**
> 90% cash conversion**
AED 367 million proposed Q4 2024 dividends
AED 1.5 billion proposed FY 2025 dividends
* For the month of September 2024 ** Period between 1 January and 29 September 2024
Disclaimer: This announcement has not been reviewed or approved by the SCA, or any regulator in the UAE or elsewhere, does not form part of the Prospectus, and should not be considered an offer of securities in any jurisdiction. Any decision to invest in the shares should be based solely on the information in the Prospectus.