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Talabat

Talabat News

Careem food delivery Dubai
  • Analysis

Startup exits escalate in UAE

The UAE is seeing an increase in startup exits this year, as the market matures while bigger players look to acquisitions to scale up their operations. The UAE Venture Investment Report, by research firm Magnitt, states that there were 10 startup exits in the Emirates in the first half of 2022, just one less than […]

Healthy fast food startups aim to tackle growing GCC obesity

Following its success in Dubai and Saudi Arabia, health food eat-in and home delivery company Under500 is set to expand to Qatar.  The firm’s low-calorie meals – served in franchised venues across the UAE and Saudi Arabia and via online delivery services such as Talabat and Deliveroo – are to be ordered by customers in Doha through delivery […]

Consolidation coming to Gulf fintech, warns $40bn unicorn VP

Consolidation is coming to the Gulf’s fintech sector, according to Remo Giovanni Abbondandolo, senior vice president for MENA at global payments processor Checkout.com. The London-headquartered fintech, which offers a full-stack platform that simplifies payments processes for large global enterprise merchants, closed a $1 billion Series D funding round in January. “In my opinion, if you’re […]

Munch:On founders Dana Baki and Mohammad Al Zaben have sold up to Careem

Munch:On makes old business model hard to swallow

Low-cost meals delivered in bulk from restaurants is one of the only ways of making the food delivery business in the UAE truly sustainable. So says Dana Baki, co-founder of Munch:On, the platform recently acquired by Uber-owned, Dubai-headquartered Careem. Created in 2016 by Baki, Mohammad Al Zaben and Awn Ali, Munch:On is a subscription-based food […]

  • Analysis

Delivery drivers deserve ‘a steady income’, say UAE operators

Motoboy, a Dubai-based delivery operator who entered the market in December last year, believes all drivers in the sector should be paid a fair wage and should not be expected to cover operating expenses for their employers. In early May, delivery drivers at Talabat, the Middle East unit of Germany’s Delivery Hero, and British operator […]