In an exciting development for the food delivery sector in the MENA region, talabat has successfully raised a groundbreaking $1.57 billion in funding. Established in 2004, talabat has grown exponentially since delivering its first order in Kuwait, evolving into a household name that delivers hundreds of millions of food orders, grocery items, and various products to underserved customers across nine countries. With a robust partnership network consisting of over 27,000 brands and nearly 50,000 branches, talabat has revolutionized the way people access food and essentials, particularly through its rapidly expanding q-commerce initiative, talabat mart, which promises groceries delivered in 30 minutes or less in nations like Bahrain, Egypt, and the UAE.
This significant funding boost will enable talabat to enhance its technological infrastructure, diversify its delivery services further, and invest in sustainability initiatives that ensure long-term benefits for its ecosystem鈥攁 commitment emphasized by previous efforts that facilitated over 340,000 meal donations and significant contributions to various charitable causes in 2020. As a proud member of Delivery Hero, the global leader in online food delivery and q-commerce, talabat鈥檚 new investment underscores the company鈥檚 mission to prioritize its customers, partners, employees, and communities. With this latest infusion of capital, talabat is poised to continue redefining the food delivery landscape while championing its core values of community support and operational excellence.
