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Saudi startup WeDeliver raises Dh8.8m for regional expansion

Saudi startup WeDeliver raises Dh8.8m for regional expansion Staff Report/Dubai Ahmad Ramahi (left) and Nasser Almaawi. (Supplied) WeDeliver does not employ drivers or own warehouses; model aligned with cost-effective industry disruptors. WeDeliver, a Saudi Arabia-based crowdsourced delivery technology start-up, on Wednesday said it has raised $2.4 million (Dh8.8 million) in a pre-seed round as it aims to take advantage of the pandemic-induced delivery boom and also expand to other countries in...
Saudi Arabia Ar Riya Nasser Almaawi Salasel Alemdad Ahmad Ramahi Mohammad Abu Kwaik

Saudi startup WeDeliver picks up $2.4m in biggest pre-seed funding to date in Kingdom

Dubai: A Saudi startup focussing on delivery services, WeDeliver, has raised $2.4 million, in what is said to be the biggest ’pre-seed’ funding round to date in the kingdom. The company launched last year in April and has recorded double-digit growth rates as businesses and individuals began to rely on delivery providers for everything from food orders to parcels. WeDeliver plans to add new markets apart from widening the existing network in its home market, Saudi Arabia. Rather than have ...
Saudi Arabia United Arab Emirates Ar Riya Salasel Alemdad Ahmed Ramahi Mohammad Abu Kwaik

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