General info on Talabat.

What is Talabat?

Talabat is the leading online food delivery and convenience platform in the MENA region. Established in 2004, the company has revolutionized the way people order food and everyday essentials. Operating across eight countries—UAE, Kuwait, Qatar, Bahrain, Egypt, Oman, Jordan, and Iraq—Talabat connects millions of customers with a vast network of restaurants, grocery stores, and convenience retailers.

With a strong focus on innovation, customer satisfaction, and operational efficiency, Talabat has grown to become the region's most trusted name in food and convenience delivery. The platform is recognized for its user-friendly interface, extensive delivery options, and commitment to sustainability. By leveraging cutting-edge technology, Talabat ensures a seamless experience for its users and partners alike.

When is the Talabat IPO Expected to Launch?

The Talabat IPO is set to launch on December 10, 2024, marking a significant milestone for the MENA region's food delivery market. Anticipated to be one of the most exciting IPOs of the year, this event is expected to draw significant interest from investors, given Talabat's market leadership, consistent growth, and technological advancements.

The IPO will offer 3,493,236,093 shares of common stock. Talabat's expected valuation highlights its dominant position in the online delivery sector, making this IPO a prime opportunity for investors. The pricing range and final valuation will be announced closer to the launch date.

A Quick Look at Talabat's IPO Stats

• Company Name: Talabat Holding plc
• Ticker Symbol: TALABAT
• Stock Exchange: Dubai Financial Market (DFM)
• IPO Price Range: est. at AED 1.50 to AED 1.60
• Number of Shares Offered: 3,493,236,093
• Expected Valuation: $9 billion - $12 billion
   

Regional Leader: Talabat is the MENA region's largest food delivery and convenience platform, with a market share that outpaces its competitors by a significant margin. Its established presence ensures steady demand and strong revenue streams.

Innovative Technology: Talabat's cutting-edge technology enhances user experience, enabling faster deliveries, personalized recommendations, and seamless order management. These technological advancements position Talabat as a pioneer in the delivery space.

Expanding Market: With a customer base of over 6 million active users, Talabat is poised for continued growth as it explores new market opportunities and strengthens its foothold in existing regions.

Strong Financials: Talabat has consistently demonstrated financial strength, with significant growth in Gross Merchandise Value (GMV) and profitability. This financial stability ensures its resilience and capacity for long-term growth.

Strategic Partnerships: Collaborating with thousands of restaurants, grocery stores, and retailers, Talabat provides a comprehensive ecosystem that benefits both partners and customers. Its partnerships with top brands further solidify its market position.

Sustainability Commitment: Talabat is committed to reducing its environmental footprint through initiatives like eco-friendly packaging and efficient delivery operations, appealing to socially conscious investors.