Talabat
Highly Engaged Employees
Highly Engaged EmployeesGrocery Retail · Kuwait · 5K - 10K Employees
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Overview
Headquarters
129 Tunisia St, Hawally, Dubai, KuwaitPhone Number
+965 22276002Website
www.talabat.comRevenue
$1.7 BillionIndustry
ZI Rank: 6
Signal Type
Mar
Apr
May
Jun
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Aug
ZI Rank
1
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2
2
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6
About Talabat
Talabat’s online marketplace offers customers a convenient, personalized and simple way of ordering food, groceries and other convenience products from a wide selection of restaurants and retailers.Explore more
Talabat Org Chart
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Company Profile Activity
Activity Insights
Talabat is experiencing very low activity levels compared to other companies in the Retail sector.
What does this means?
Talabat is drawing exceptional interest within the Retail industry, suggesting notable developments or strong market momentum, learn more about Talabat.
Talabat financials insights
Gather financial insights about Talabat, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2024
Stock Offering
$2B
Talabat Tech Stack
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Most Recent Scoops
Earnings
Talabat has reported that its dividend policy remains unchanged at a 90% payout ratio, with H1 interim dividends to be declared in September and paid in October, and that the company purchased approximately 108 million shares for approximately $35 million as part of its approved buyback program in May, with plans to continue the buyback starting next year.
Spending/Investment, Share Placement, Finance
Project
Talabat has reported that its grocery infrastructure investments have reduced delivery times by up to 18% in targeted markets, with the company noting that every minute of faster delivery correlates with up to 2 percentage points of additional growth.
Spending/Investment, Logistics / Supply Chain
Earnings
Talabat has reported GMV growth of 15% on a constant currency basis for H1, reaching $5.6 billion, while revenue grew 19% over the same period, both ahead of full-year guidance. Q2 GMV growth of 12% normalizes to 15% year-over-year when adjusted for the Eid calendar shift, which pulled demand approximately 10 days earlier into Q1.
Earnings, Finance
Earnings
Talabat has reported that its dark store model carries a fixed cost of approximately 5% of GMV, including rent, and that grocery infrastructure investments increased fixed costs by 0.8 percentage points while reducing delivery costs by 10%, resulting in a net benefit of approximately 1.5% of GMV that largely offsets the additional fixed cost.
Spending/Investment, Business Finance, Finance
Earnings
Earnings, Spending/Investment, Finance
Talabat News & Media
United Arab Emirates Quick Commerce Databook Report 2026: Market to Reach $1.86 Billion by 2029 - Talabat, Noon, and Careem Lead as Carrefour Leverages Localized Retail Hubs for Same-Hour Delivery
The quick commerce market in the UAE is expanding beyond food delivery to encompass groceries and everyday retail, driven by smartphone ubiquity and digital economy initiatives. Growth opportunities lie in micro-fulfillment networks, subscription models, service integration, and strategic partnerships with existing retail and logistics infrastructures. The quick commerce market in the UAE is expanding beyond food delivery to encompass groceries and everyday retail, driven by smartphone ubiquityDelivery Hero Sinks as Talabat Opts to Spend
Margin reset at Middle East unit rattles a parent company that needs cash flow more than ambitionTalabat CFO: Food Delivery Competition Intense in UAE - Yahoo Finance
Delivery platform Talabat reported adjusted net income for the third quarter of $112 million vs. $98 million y/y. The company is maintaining its full-year guidance, after raising it last quarter. Talabat CFO Khaled Al-Fakesh spoke to Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche about the exit of their CEO & performance.CIB launches co-branded credit card for Egypt's digital generation - Dailynewsegypt
The Commercial International Bank (CIB) Egypt, the country’s largest private-sector bank, has announced a strategic partnership with Talabat, the leading e-commerce platform in the Middle East and North Africa, and Mastercard, the global payments technology company, to launch a new co-branded credit card designed for Egypt’s growing digital generation. The initiative aligns with the government’s
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