BinDawood Holding
Holding Companies & Conglomerates · Saudi Arabia · 1K - 5K Employees
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Overview
Headquarters
Al-madinah Al-munawarah Rd Al Naeem, Jed...Phone Number
+966 126053557Website
www.bindawoodholding.comRevenue
$1.7 BillionStock Symbol
4161.SRIndustry
ZI Rank: 9
Signal Type
Dec
Jan
Feb
Mar
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May
ZI Rank
3
13
3
5
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9
About BinDawood Holding
BinDawood Holding is a leading retail conglomerate in Saudi Arabia, focusing on grocery retail through its brands BinDawood and Danube. The company aims to provide exceptional value and outstanding customer service while fostering long-term relationships with suppliers and partners. With a commitment to innovation and quality, BinDawood Holding is poised for sustained growth in the retail sector. Its vision is to become the best grocery retail brand in Saudi Arabia, supported by a disciplined growth strategy and a collaborative organizational culture.Explore more
BinDawood Holding Org Chart
SI
Financial Controller
RK
Financial Controller
SG
Treasury Controller
AZ
Accountant and Inventory Controller
MK
Regional Inventory Analyst & Controller
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Company Profile Activity
Activity Insights
BinDawood Holding is experiencing very low activity levels compared to other companies in the Holding Companies & Conglomerates sector.
What does this means?
BinDawood Holding is drawing exceptional interest within the Holding Companies & Conglomerates industry, suggesting notable developments or strong market momentum, learn more about BinDawood Holding.
BinDawood Holding Tech Stack
A closer look at the technologies used by BinDawood Holding
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Most Recent Scoops
Facilities Relocation / Expansion
plans to open between 6 to 7 supermarket-sized stores and between 35 to 40 pharmacy stores, targeting main cities.
Real Estate, Corporate Strategy
Facilities Relocation / Expansion
opened almost 40 Zahrat Al Rawdah stores this year, representing 4x the historical annual opening rate of 7 to 10 stores.
Store Operations
Facilities Relocation / Expansion
plans to expand its smaller format stores, BinDawood Danube Dash, to 500 stores within the next 5 years after successfully testing different formats and locations and achieving profitability with current stores.
Spending/Investment, Forecasting, Store Operations, Corporate Strategy
Pain Point
BinDawood Holding is experiencing increased shipment costs due to regional supply chain disruptions, with prices rising from $1,000 to between $3,500 and $4,000. The company does not anticipate product shortages due to sufficient inventory levels from Ramadan preparation, though it relies heavily on Red Sea shipping routes.
Pain Point, Logistics / Supply Chain, Inventory Management, Finance, Risk
Earnings
Earnings, Finance
BinDawood Holding News & Media
Saudi competition authority signs off BinDawood's acquisition of e-commerce platform
RIYADH: Saudi retailer BinDawood Holding Co. has received approval by the General Authority for Competition to acquire a 62 percent stake in e-commerce platform International Applications Trading Co. BinDawood, through its fully-owned unit Future Tech Retail, signed the deal with Amwaj Real Estate Co. and First Commercial Application Co., according to a bourse filing. The moveSaudi retailer BinDawood to acquire 80.5% stake in French TFI's subsidiary | Arab News
RIYADH: BinDawood Holding Co. has received approval from its shareholders and board to acquire an 80.5 percent stake in Ykone, a subsidiary of French TF1 Group. The acquisition will be made through its newly established French subsidiary Future Retail for Information Technology Co., with the option of purchasing an additional 4.9 percent, according to a bourse filing BinDawoodSaudi Arabia's BinDawood in talks for majority stake in French influencer marketing agency
Ykone, a subsidiary of TF1 group, specialises in content production, publishing and distribution
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Frequently Asked Questions Regarding BinDawood Holding
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BinDawood Holding is a leading retail conglomerate in Saudi Arabia, focusing on grocery retail through its brands BinDawood and Danube. The company aims to provide exceptional value and outstanding customer service while fostering long-term relationships with suppliers and partners. With a commitment to innovation and quality, BinDawood Holding is... Read More
