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High Battle for Saudi e-commerce market begins

Start-ups are also developing ways to accommodate the kingdom's last-mile delivery quirks

Reuters  |  Riyadh 

In Saudi Arabia, a kingdom where postal codes are rarely used, most people pay in cash, and shopping is done in giant air-conditioned malls, building an online retail business is no easy task. But two powerfully-backed companies are trying to do just that, betting a young, tech-savvy population will eventually deliver up a large slice of the Arab world's largest consumer market. After months of delays, launched in the United Arab Emirates (UAE) on Oct. 1 and said it would enter the Saudi market "within the coming weeks." That will start a race for ...

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First Published: Sun, October 15 2017. 18:50 IST