Register for Free or Login to Continue Watching Videos
By Lucidity Insights Research Team • September 28, 2024
In 2012, a bold idea took shape as Ebrahim Al-Jassim and Hossein Bukhamseen launched HungerStation, Saudi Arabia's first online food-ordering platform. Fast forward to today, and the food delivery market in Saudi Arabia has skyrocketed to $10 billion. This transformation is driven by a digital revolution that has seen internet use soar to 100%. HungerStation has expanded its services, including the innovative Quick Market for grocery delivery, fulfilling over 10 million orders since its inception. With a commitment to technology, they now leverage AI to enhance customer experience. Discover how HungerStation continues to redefine convenience in food delivery and its ambitious plans for the future.
The Future of Food Delivery in Saudi Arabia
The KSA food delivery market, worth US $10 billion in 2023, is expected to hit $14.9 billion by 2028, with food-delivery startups playing a central role in driving that growth, capitalizing on shifting consumer needs. These emerging companies have captured 45% of the $600 million investment in the KSA Foodtech sector, signaling a significant transformation in dining experiences and underscoring their essential role in shaping the future of food delivery in Saudi Arabia.
Other Videos
Discover the full history of food delivery tech in the KSA, including key players & milestones. Learn how HungerStation, Nana, and others shaped the industry.
Watch the history and future of food delivery in Saudi Arabia's $10B market. Discover key players like HungerStation, Jahez and Nana transforming the industry.
Saudi Arabia's grocery delivery market is expected to double by 2029, driven by increased female workforce participation and evolving consumer habits.
Did you check these out?
The 11-Year History of HungerStation
By Pierrick Ribes • June 03, 2024Saudi Arabia’s Top Food Delivery Raises/Exits in Order of Funds Raised
By Lucidity Insights Research Team • May 20, 2024Drivers for Saudi Arabia's Digital Revolution (2012-2023)
By Lucidity Insights Research Team • May 20, 2024Delivery Hero Scoops Up HungerStation, Continues Global Food Delivery Domination
By Nazmia Nassereddine • July 27, 2023Delivery Hero takes full-ownership of HungerStation in $297M deal, commits further to Saudi Arabia
By Press Release • July 24, 2023Delivery Hero's Acquisition in the MENAT Region
By Lucidity Insights Research Team • July 24, 2023Al-Menu Secures $10 Million to Boost Growth in Restaurant Sector
By Staff Writer • October 03, 2024Saudi Startup Yalla Plus Raises USD 2.7 Million to Expand Its Tech Platform
By Press Release • August 19, 2024Adaverse Backs Mithu with $500,000 to Revolutionize Restaurant Loyalty Programs in Saudi Arabia
By Press Release • August 19, 2024TWLM Technology Lands USD 267,000 to Boost Order Pickup Services in Saudi Arabia
By Staff Writer • August 11, 2024