Mohamed Alabbar, the Chairman of Emaar Properties, in a joint venture with Saudi Arabia’s Public Investment Fund and a group of prominent Gulf investors. • A game-changer. An innovator. A regional powerhouse. noon is all of these and more – it is an online retail experience that is set to revolutionize the shopping experience in the Middle East forever. • With initial investment of US$1 billion, noon will launch services initially in the UAE and Saudi Arabia, with plans to cover the rest of the GCC, before branching out to cover the whole of the Middle East and North Africa region in due course. • In the process, noon aims to help boost online sales in the region from 2 percent of the total retail market (US$3 billion) to 14 percent ( US$70 billion ) within a decade.
US $1.9 trillion this year, there is a significant opportunity for retailers to access new markets and sell online. 65% Make purchases from out-of-country online retailers. 54% Buy products online weekly or monthly. 46% Are making purchases via mobile devices. MASSIVE GROWTH POTENTIAL
in the Middle East • High penetration of internet users • High adoption of mobile in other business sectors • Limited online product assortment • Slow delivery • Poor customer service • Lack of trust in product quality & authenticity High Demand Low Supply • Limited product assortment from brick & mortar shops • Super connected young population comfortable shopping online
scalable In-house Payment fast and secure Warehousing focus on speed and quality Assortment breadth and depth that cannot be reached offline Customer Service & After Sales ease of use for customers and sellers Logistics excellence in service levels
a beautiful e-commerce platform for the GCC. From early-stage ventures to large-scale enterprises, noon’s marketplace gives you the tools you need to grow your business through e-commerce channels. Fulfill Orders Schedule Shipping and Deliveries Connect with Buyers Sell More Analytics More Traffic Access to over Millions of Potential Customers Fulfilled by noon
our customers and sellers Fulfilled by noon FBN Back to Back B2B noon Customer Fulfillment Center Seller Warehouse Customer Quality Control noon Customer Fulfillment Center Quality Control Customer 3hrs+ 1day+