EcommerceGrowth

Walmart Celebrates Remarkable Year and Strengthens Retail Supremacy

4 days ago

Walmart, the retail behemoth, has reported its most impressive financial performance since 1998, solidifying its position as a leader in the retail sector. The retail giant announced a significant boost in sales driven by its extensive efforts to adapt to changing consumer needs, leveraging both physical and digital platforms to engage shoppers.

Talabat Soars in Dubai Debut Following Record-Breaking IPO

12 days ago

Talabat, the popular food delivery service in the Middle East, has made a significant splash in Dubai's stock market, following its initial public offering (IPO) which stands as the largest in the Gulf region for the year 2024. The company's shares climbed notably on their first day of trading, signaling strong investor interest and confidence in its business model amid a competitive landscape.

Talabat's Dubai IPO Raises $1.5 Billion, Quickly Sells Out

1 month ago

In a remarkable demonstration of market enthusiasm, the online food delivery service Talabat has announced that its initial public offering (IPO) in Dubai has successfully raised $1.5 billion, shortly after the subscription books were opened to investors. This swift sellout highlights strong demand for shares in the company, reflecting the growing appetite for technology-driven services in the Middle East.

Online Holiday Spending Projected to Rise 8.4%, Most Since 2021

3 months ago

A very strong online holiday spending is forecasted for the holiday season. According to recent data, it is expected that the growth will be 8.4%, which would be the highest since 2021.