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Talabat
Talabat (Arabic: , ''Ṭalabāt'') is an online food ordering company founded in Kuwait in 2004. As of April 2021, Talabat operates in Kuwait, Saudi Arabia, Bahrain, the United Arab Emirates, Oman, Qatar, Jordan, Egypt, and Iraq. A subsidiary of Delivery Hero since 2016, Talabat became the largest online food ordering company in the Middle East. History In 2004, Talabat General Trading and Contracting Company was founded by Abdulaziz Al Loughani and Khaled Al Otaibi in Kuwait. The name "Talabat" derives from the Arabic language and it means "orders" or "requests". As Talabat’s popularity grew locally, it won the "Best E-Business Award" repeatedly in 2008 and 2009 with special recognition from the Emir of Kuwait, Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah. In 2010, the business was operating out of Kuwait and Saudi Arabia with an average of 1,250 daily transactions. Talabat then underwent key changes such as the re-branding from 6alabat.com to Talabat.com, a shift from a hybr ...
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Delivery Hero
Delivery Hero is a German multinational online food-delivery service based in Berlin, Germany. The company operates in 50+ countries internationally in Europe, Asia, Latin America and the Middle East and partners with 500,000+ restaurants. Delivery Hero has increasingly branched out beyond food delivery, and is a leading player in the emerging category of quick commerce, which delivers small batch orders in under an hour. In the third quarter of 2021, Delivery Hero processed 791 million orders - that equals a year-on-year growth of 52%. While Delivery Hero is headquartered in Germany with offices worldwide, as a " gig economy company" (akin to Meituan, Uber or Airbnb) nearly all of the company's deliveries are carried out by workers using motorcycles, bicycles and cars, dispatched via the company's smartphone apps. In general, and in contrast to recent legal precedents in Canada and Australia, Delivery Hero does not classify these couriers as employees. This policy has led to ...
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E-commerce
E-commerce (electronic commerce) is the activity of electronically buying or selling of products on online services or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is in turn driven by the technological advances of the semiconductor industry, and is the largest sector of the electronics industry. Defining e-commerce The term was coined and first employed by Dr. Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transaction's life cycle although it may also use other tech ...
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Middle East
The Middle East ( ar, الشرق الأوسط, ISO 233: ) is a geopolitical region commonly encompassing Arabia (including the Arabian Peninsula and Bahrain), Asia Minor (Asian part of Turkey except Hatay Province), East Thrace (European part of Turkey), Egypt, Iran, the Levant (including Ash-Shām and Cyprus), Mesopotamia (modern-day Iraq), and the Socotra Archipelago (a part of Yemen). The term came into widespread usage as a replacement of the term Near East (as opposed to the Far East) beginning in the early 20th century. The term "Middle East" has led to some confusion over its changing definitions, and has been viewed by some to be discriminatory or too Eurocentric. The region includes the vast majority of the territories included in the closely associated definition of Western Asia (including Iran), but without the South Caucasus, and additionally includes all of Egypt (not just the Sinai Region) and all of Turkey (not just the part barring East Thrace). ...
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Last Mile (transportation)
Last mile in supply chain management and transportation planning is the last leg of a journey comprising the movement of people and goods from a transportation hub to a final destination. "Last mile" was adopted from the telecommunications industry which faced difficulty connecting individual homes to the main telecommunications network. Similarly, in supply chain management last-mile describes the difficult last part in the transportation of people and packages from hubs to final destinations. Last-mile delivery is an increasingly studied field as the number of business-to-consumer (b2c) deliveries grow especially from e-commerce companies in freight transportation, and ride-sharing companies in personal transportation. Some challenges of last-mile delivery include minimizing cost, ensuring transparency, increasing efficiency, and improving infrastructure. History "Last mile" was originally used in the telecommunications industry to describe the difficulty of connecting end ...
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Terminus Group
Terminus Group () (aka Terminus) is a Chinese company headquartered in Beijing, China. History and operations Terminus was founded in 2015 by Victor Ai, a Washington University graduate. In 2019, Harvard Business Review recognized Ai as one of the Top 20 digital transformation pioneers in China. The company develops smart buildings, smart communities, and smart retail, while specializing in the development of the AI CITY using its smart city management system - TACOS (Terminus AI CITY Operating System), robotics, Internet of Things (IoT) products, and urban security management tools. In April 2020, Terminus launched a project to create an AI city in Chongqing, China. It claims to be the world’s first urban digitization pilot project and is currently under construction. The idea behind this project is that using AI, it will get to know its citizens better. Terminus planned to deploy over 150 robots at Expo 2020 in Dubai, which was postponed to October 1, 2021, and later to ...
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Arabian Business
''Arabian Business'' (''AB'') is a weekly business magazine published in Dubai and focusing on global and regional news analysis. The brand is aimed at the English- and Arabic-speaking communities and is published in both languages. Its circulation figures for October–December 2007 were given as 20,468 copies. The audited circulation of the weekly was 23,016 copies for the last six months of 2011. For the period of July – December 2012 the audited circulation of the weekly was 23,352 copies. In 2017, the online and print version of the magazine was suspended for a month in the UAE by Dubai authorities over false news allegations after it published a report stating that courts in Dubai were in the process of liquidating dozens of failed real estate projects. As the article was published during the Qatar diplomatic crisis The Qatar diplomatic crisis was a diplomatic incident in the Middle East that began on 5 June 2017 when Saudi Arabia, the United Arab Emirates, Bahra ...
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Cloud Kitchen
A virtual restaurant (also known as a ghost kitchen or dark kitchen) is a food service business that serves customers exclusively by delivery and pick up based on phone and online ordering. It is a separate food vendor entity that operates out of an existing restaurant's kitchen. By not having a full-service restaurant premise with a storefront and dining room, virtual restaurants can economize by occupying cheaper real estate. The reduced space lowers overall overhead and operational costs, thus yielding higher profit margins without reducing the price of the food provided. The ghost kitchen's lack of a retail presence allows for multiple restaurants and brands to buy into it. Background Virtual restaurants gained significant cultural and economic currency during the COVID-19 pandemic in 2020, when many restaurants were either completely idled due to restrictions on public dining, or curtailed significantly as very low numbers of patrons were permitted to be served on-premises e ...
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Expo 2020
Expo 2020 ( ar, إكسبو 2020) was a World Expo hosted by Dubai, in the United Arab Emirates, from 1 October 2021 to 31 March 2022. Originally scheduled for 20 October 2020 to 10 April 2021, it was postponed due to the COVID-19 pandemic in the United Arab Emirates. Despite being postponed, organizers kept the name ''Expo 2020'' for marketing and branding purposes. The event had recorded more than 24 million visits in its six months. The Bureau International des Expositions (BIE) general assembly in Paris named Dubai as the host on 27 November 2013. Event site The main site of Expo 2020 Dubai was a 438-hectare area (1083 acres) located between the cities of Dubai and Abu Dhabi, near Dubai's southern border with Abu Dhabi. The master plan, designed by the American firm HOK, was organized around a central plaza, entitled Al Wasl Plaza', enclosed by three large thematic districts. Each one was dedicated to one of the sub-themes of Expo 2020 – Opportunity, Mobi ...
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Huawei
Huawei Technologies Co., Ltd. ( ; ) is a Chinese multinational technology corporation headquartered in Shenzhen, Guangdong, China. It designs, develops, produces and sells telecommunications equipment, consumer electronics and various smart devices. The corporation was founded in 1987 by Ren Zhengfei, a former officer in the People's Liberation Army (PLA). Initially focused on manufacturing phone switches, Huawei has expanded its business to include building telecommunications networks, providing operational and consulting services and equipment to enterprises inside and outside of China, and manufacturing communications devices for the consumer market. Huawei has deployed its products and services in more than 170 countries and areas. It overtook Ericsson in 2012 as the largest telecommunications equipment manufacturer in the world, and overtook Apple in 2018 as the second-largest manufacturer of smartphones in the world, behind Samsung Electronics. In 2018, Huawei re ...
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Erbil
Erbil, also called Hawler (, ar, أربيل, Arbīl; syr, ܐܲܪܒܹܝܠ, Arbel), is the capital and most populated city in the Kurdistan Region of Iraq. It lies in the Erbil Governorate. It has an estimated population of around 1,600,000. Human settlement at Erbil may be dated back to the fifth millennium BC. At the heart of the city is the ancient Citadel of Erbil and Mudhafaria Minaret. The earliest historical reference to the region dates to the Third Dynasty of Ur of Sumer, when King Shulgi mentioned the city of Urbilum. The city was later conquered by the Assyrians. In the 3rd millennium BC Erbil was an independent power in its area. It was conqureed for a time by the Gutians. Beginning in the late 2nd millennium BC it came under Assyrian control. Subsequent to this, it was part of the geopolitical province of Assyria under several empires in turn, including the Median Empire, the Achaemenid Empire ( Achaemenid Assyria), Macedonian Empire, Seleucid Empire, Armenia ...
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Grab (company)
Grab Holdings Inc., commonly known as Grab, is a Singaporean multinational technology company. It is the developer of the ''Grab'' super-app, which provides users with transportation, food delivery and digital payments services via a mobile app. Grab currently operates in Singapore, Malaysia, Cambodia, Indonesia, Myanmar, the Philippines, Thailand and Vietnam. It is Southeast Asia's first decacorn, and the biggest technology startup in the region. Founded by Anthony Tan and Tan Hooi Ling in 2012 as the ''MyTeksi'' app based in Kuala Lumpur, Malaysia, it expanded the next year as ''GrabTaxi''. It has since expanded into other services, following the super-app model. In 2014, it moved its headquarters to Singapore and rebranded as "Grab". History Founding and expansion The idea of creating a taxi-booking mobile app for Southeast Asia, similar to those being pioneered in the US, first came from Anthony Tan (, ''Chen Bingyao'') while he was at Harvard Business School. Mo ...
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Rocket Internet
Rocket Internet SE is a German Internet company headquartered in Berlin. The company builds startups and owns shareholdings in various models of internet retail businesses. The company model is known as a startup studio or a venture builder. It provides office space to new companies at its headquarters in Berlin, with IT support, marketing services and access to investors. As of 2016, Rocket Internet has more than 28,000 employees across its worldwide network of companies, which consists of over 100 entities active in 110 countries. The company's market capitalization was €3.49 billion as of November 3, 2017. On July 12, 2021, the market capitalization was €3.7 billion. History The company was founded in Berlin in 2007 by three brothers: Marc, Oliver and Alexander Samwer and was once also connected to the European Founders Fund, an associated company. In 2008, Rocket Internet founded Zalando, emulating the business model of US online retailer Zappos.com. On Ju ...
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