Mastercard’s strategic partnership with Delivery Hero, the world’s leading local delivery platform, keeps fueling the growth of the e-commerce in the Middle East and North Africa (MENA) region, according to an emailed press release. In 2020, the two companies unveiled a large-scale collaboration to digitalize Delivery Hero’s payment chain. As a result, the number of Mastercard food order transactions on Delivery Hero’s apps grew by over 100% between 2020 and 2022. Delivery Hero’s gross merchandise value (GMV) growth in the MENA region accelerated to 21% in the second quarter (Q2) of 2023, compared to 16% in Q1 2023 due to strong customer demand. “As part of our partnership with Delivery Hero, we are continuously innovating the consumer experience to enable a best-in-class proposition for consumers.

Source: The North Africa Journal September 14, 2023 06:57 UTC