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talabat Secures $1 Billion Funding to Revolutionize Food Delivery in MENA Region!

Recently funded · $1.0BFood Delivery

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In an exciting development for the food delivery landscape in the MENA region, talabat has successfully raised an impressive $1 billion in its latest funding round. Founded in 2004 with the ambition of revolutionizing food delivery services, talabat has established itself as a household name, delivering hundreds of millions of food orders, grocery items, and other products across nine countries in the region. The funding will be strategically allocated to enhance talabat's technological infrastructure and expand its reach, ensuring even quicker delivery times to meet growing customer demand. With partnerships with over 27,000 brands and nearly 50,000 branches, the company is poised to leverage this capital to bolster its already robust q-commerce offerings through talabat Mart, which delivers groceries in 30 minutes or less. Guided by a commitment to social responsibility, talabat has not only focused on business expansion but also on community impact. In 2020, the company facilitated over 340,000 meal donations and contributed more than 1.3 million euros to charitable causes, living up to its philosophy of nurturing the entire ecosystem it operates in. As a proud member of Delivery Hero, the global leader in online food delivery, talabat is set to utilize this funding to innovate and diversify its services further, reinforcing its position as the go-to platform for food and grocery delivery in the MENA region. With ambitious plans on the horizon, talabat is not just delivering food; it’s delivering a promise of quality, speed, and community care.

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