“Saudi Arabia typically contributes to over 70 percent of the total Namshi revenue,” a spokesperson said, adding that Saudi sales rose 50 percent last year. It sells more than 800 brands and has customers throughout the GCC in Saudi Arabia, the UAE, Kuwait, Oman, and Bahrain. In a bid to benefit from its success in Saudi Arabia, the e-commerce site is expanding its physical presence in the Kingdom. We are extremely bullish on Saudi Arabia and are making the investments necessary,” the spokesperson said. The Saudi e-commerce market is attractive and local consumers are trend setters.

Source: Ethiopian News February 18, 2021 21:06 UTC