Noon Quietly Launches A Low Cost Ecommerce Platform Kul In Uae Saudi

Noon that currently operates in ecomemrce marketplace in the united arab emirates saudi arabia and egypt has been slowly expanding into different other categories.

Noon quietly launches a low cost ecommerce platform kul in uae saudi. The development was first reported by arabianbusiness last week without any details about who is behind the platform but later omar kassim the founder of jadopado that was acquired by noon and esanjo in a series of tweets shared some details that confirm noon as kul s owner. Why mohamed alabbar is about to take uber for a ride. Noon has quietly launched a low cost ecommerce platform called kul in the united arab emirates saudi arabia. He s reinvented himself as a tech man and now mohamed alabbar has partnered with china s ride hailing giant didi chuxing to give western competitors a run for their money and keep the dirham where it belongs writes lubna hamdan.

Kul targets consumers with a monthly income of between dh3000 to dh15 000 800 3000 a market that khalid believes will be worth 2 2 billion by 2022. Get the latest news and analysis in the stock market today including national and world stock market news business news financial news and more. The company launched its low cost e commerce site kul in september last year to target this segment of the mena market particularly in egypt and saudi arabia. It had quietly acquired sivvi a fashion ecommerce platform founded by its founder s son and launched a low cost ecommerce platform kul in uae saudi in 2019.

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