Saudi Arabia’s Top Food Delivery Raises/Exits in Order of Funds Raised

Saudi Arabia’s Top Food Delivery Raises/Exits in Order of Funds Raised

20 May 2024

In the meal delivery market, key players have achieved notable exits, highlighting the sector’s robust growth and investor confidence.

In 2023, HungerStation was acquired by Delivery Hero in a landmark deal valued at $803 million, marking a significant milestone in the industry.

Meanwhile, Jahez made headlines in 2021 by going public and achieving unicorn status, underscoring the vibrant potential of meal delivery startups.

On the grocery delivery front, Nana stands out as a leader, having secured funding seven times over as it ambitiously expands its dark stores network to further solidify its market presence.

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