Jahez: 5 Years to Unicorn-Dom in Saudi Arabia’s Hypergrowth Consumer-Tech Market

Jahez: 5 Years to Unicorn-Dom in Saudi Arabia’s Hypergrowth Consumer-Tech Market

By Erika Masako Welch, 21 February 2023
Jahez: 5 Years to Unicorn-Dom in Saudi Arabia’s Hypergrowth Consumer-Tech Market
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Saudi Arabia’s Online Food Delivery Market Size & Growth Projections

Saudi Arabia’s macro-economics are compelling. They tell a story of a large population of young, tech-savvy Saudis with strong purchasing power, hungry for the latest consumer technologies. With 98% internet penetration across the country, 97% of Saudis owning smartphones, and 69% of the population regularly using e-payment solutions, the country does seem ripe for consumer-tech start-ups to sweep up a strong user-base.

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