Showing posts with label payments. Show all posts
Showing posts with label payments. Show all posts

Monday, 12 January 2015

hellofood and Dukkan partner up to bring grocery deliveries to Jordan

Global online food delivery marketplace hellofood has expanded its offerings by partnering up with Dukkan in Amman.

hellofood is active in more than 45 countries on five continents. 

The move comes as e-commerce becomes an increasingly important economic driver in the Arab world. Estimates believe that e-commerce sales in the Middle East and Africa alone will hit USD 51.4 billion by 2017. 

By 2016, the number of Internet users in the Arab world are estimated to reach 170 billion. With mobile penetration rates in excess of 60 percent and the rise of convenient payment options, online ordering and shopping remains a key trend.

Thursday, 18 December 2014

Majid Al Futtaim Ventures Invests in Beam Wallet

Beam Wallet, a mobile commerce and rewards platform developed and launched in the UAE in 2012 – has announced a landmark investment from Majid Al Futtaim Ventures.  



The partnership marks a first-time entry into the fast growing tech industry for Majid Al Futtaim Ventures.

Beam Wallet’s smart mobile phone application targets consumers in the UAE, with more than 100,000 users and over 1,100 retail outlets using the mobile commerce platform.

Enabling Beam Wallet to scale operations locally, regionally and internationally, the investment also gives Majid Al Futtaim Ventures an equity stake in the platform.  Majid Al Futtaim’s core business is in shopping malls, retail and leisure.

Beam Wallet’s mobile platform gives businesses an additional marketing channel and the capacity to reward customers directly.  Consumers can make secure payments, accrue benefits, offers and rewards, while also keeping track of their budgets.