Emerce Consulting

🌟 𝐍𝐚𝐡𝐝𝐢: 𝐀 𝐒𝐚𝐮𝐝𝐢 𝐒𝐮𝐜𝐜𝐞𝐬𝐬 𝐒𝐭𝐨𝐫𝐲 𝐢𝐧 𝐞𝐂𝐨𝐦𝐦𝐞𝐫𝐜𝐞 𝐆𝐫𝐨𝐰𝐭𝐡 In a market where traditional retail still holds strong, Nahdi Medical Co. has emerged as a leader in bridging the gap between brick-and-mortar and online retail. This Saudi pharmacy giant, with over 𝟭,𝟭𝟬𝟬 pharmacies across the Kingdom and the UAE. 💼 𝗜𝗻 𝟮𝟬𝟮𝟮, 𝗡𝗮𝗵𝗱𝗶 𝘄𝗲𝗻𝘁 𝗽𝘂𝗯𝗹𝗶𝗰 with a market cap of $𝟰.𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻. In 2023, the company achieved $𝟮.𝟯 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in revenue and $𝟮𝟯𝟴 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in net profit. But what truly stands out is their eCommerce journey. 🛒 𝗟𝗮𝘂𝗻𝗰𝗵𝗲𝗱 𝗶𝗻 𝟮𝟬𝟭𝟲, Nahdi started by offering store pickups as the only delivery method. Fast forward to 2023, and they’ve now expanded to include home delivery, helping them achieve $𝟯𝟳𝟮 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 in online revenue by the end of the year. That’s a 𝟮𝟱-𝗳𝗼𝗹𝗱 𝗶𝗻𝗰𝗿𝗲𝗮𝘀𝗲 from 2018, when their online sales were just $15 million! 📈 Nahdi’s total revenue grew by 𝟭𝟴.𝟱% over the past five years, while online revenue skyrocketed with a compound annual growth rate (CAGR) of over 𝟵𝟬%. Today, online sales contribute up to 𝟭𝟲% of their total revenue, and projections for 2024 show that figure climbing to over 𝟮𝟮% 𝗼𝗳 $𝟮.𝟱 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 in total revenue! 🚗𝗪𝗵𝗮𝘁 𝘀𝗲𝘁𝘀 𝗡𝗮𝗵𝗱𝗶 𝗮𝗽𝗮𝗿𝘁 is its omnichannel experience. Store pickups have been a significant part of their eCommerce strategy, accounting for 𝟲𝟭% of online sales in 2018 and still contributing around 𝟰𝟬% in 2021. Nahdi even offers a curbside service, where customers receive their orders right in their cars! 💡 This hybrid model shows that 𝗼𝗺𝗻𝗶𝗰𝗵𝗮𝗻𝗻𝗲𝗹 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 continue to thrive in Saudi, where the balance of online and physical store experiences provides a competitive edge over online-only retailers. 🌿 𝗪𝗶𝘁𝗵 𝗰𝗮𝘁𝗲𝗴𝗼𝗿𝗶𝗲𝘀 𝗹𝗶𝗸𝗲 𝗺𝗼𝘁𝗵𝗲𝗿 𝗮𝗻𝗱 𝗯𝗮𝗯𝘆 (𝟯𝟭%), 𝗺𝗲𝗱𝗶𝗰𝗶𝗻𝗲 (𝟮𝟵%), 𝗯𝗲𝗮𝘂𝘁𝘆 (𝟭𝟳%), 𝗮𝗻𝗱 𝘄𝗲𝗹𝗹𝗻𝗲𝘀𝘀 (𝟭𝟰%) 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝘄𝗮𝘆, Nahdi’s holistic approach ensures that they cater to all aspects of health and wellbeing - whether through their apps or brick-and-mortar stores. 👏 Nahdi’s journey is a powerful reminder of how eCommerce and traditional retail can work hand-in-hand to create unparalleled customer experiences. Access Nahdi's annual reports, IPO prospectus, and other public financial documents on their website: https://lnkd.in/g-Vp6sR9 #EcommerceGrowth #RetailSuccess #OmnichannelExperience #NahdiPharmacy #SaudiBusiness #EmerceConsulting

🚫 𝐖𝐡𝐲 𝐘𝐨𝐮 𝐌𝐢𝐠𝐡𝐭 𝐖𝐚𝐧𝐭 𝐭𝐨 𝐑𝐞𝐭𝐡𝐢𝐧𝐤 𝐑𝐮𝐧𝐧𝐢𝐧𝐠 𝐌𝐞𝐭𝐚 𝐓𝐫𝐚𝐟𝐟𝐢𝐜 𝐀𝐝𝐬 Thinking about using Meta Traffic Ads for your next marketing campaign? Before you dive in, it's essential to consider whether they are the best fit for your strategy. Here are some critical reasons to think twice: 🔍 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 𝗢𝘃𝗲𝗿 𝗤𝘂𝗮𝗻𝘁𝗶𝘁𝘆: While Meta Traffic Ads can drive a high volume of clicks, they don’t always guarantee that this traffic is of high quality or genuinely interested in your products or services. High click numbers don’t necessarily translate into valuable customer engagement or conversions. 💸 𝗖𝗼𝘀𝘁 𝘃𝘀. 𝗥𝗢𝗜: Investing in traffic ads can sometimes result in higher costs without a proportional increase in conversions or ROI. It's important to evaluate if the traffic you're purchasing aligns with your business goals and target audience. Sometimes, the cost of acquiring clicks can outweigh the benefits if those clicks don’t convert into sales or leads. 📉 𝗟𝗶𝗺𝗶𝘁𝗲𝗱 𝗧𝗿𝗮𝗰𝗸𝗶𝗻𝗴 𝗮𝗻𝗱 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: Meta Traffic Ads might not provide the comprehensive tracking and insights needed to fully understand user behavior. Without detailed analytics, optimizing your campaigns effectively can be challenging. Better insights can lead to more refined strategies and better overall performance. Before committing to Meta Traffic Ads, it’s worth exploring other options that might offer more targeted leads and robust performance metrics (e.g. conversion ads). 💬 What’s your experience with Meta Traffic Ads? Have you found them effective, or do you prefer other advertising strategies? Share your thoughts and let’s have a discussion! #DigitalMarketing #MetaAds #FacebookAds #TrafficAds #MarketingStrateg #LeadGeneration #AdPerformance #EmerceConsulting

🌟 Thank you, Beautyworld Middle East, for another fantastic conference! It was a pleasure sharing my perspective on some of the pressing (and perhaps controversial) trends in our industry. Here’s a quick recap: ✨ 𝗧𝗲𝗺𝘂 & 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗵𝗮𝗿𝗲 – Yes, Temu is indeed encroaching on market share from beauty and skincare brands. The solution? Educate consumers about the risks of counterfeit products, and leverage your Product Detail Pages (PDPs) to explain why specific ingredients are essential for healthy skin, not just list them. ✨ 𝗦𝘂𝘀𝘁𝗮𝗶𝗻𝗮𝗯𝗶𝗹𝗶𝘁𝘆 – We all understand the importance of sustainability, but are consumers really willing to pay more for it? For most, the answer is no. So, brands must innovate and think creatively about how to make sustainability affordable without compromising quality. ✨ 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗧𝗿𝗲𝗻𝗱𝘀 – Loyalty is waning (prove me wrong!), price sensitivity is higher in 2024 than last year, and omnichannel strategies are crucial as consumers increasingly discover products offline but continue purchasing online. We also delved into AI, VR, and the evolving landscape of influencers and social media. More on that soon! To everyone who joined the session and those who connected afterward – thank you! I genuinely enjoy hearing your stories and insights. And a special shoutout to Zhanna for the invite. Until next year! #BeautyWorldME #BeautyReatil #DubaiEvents #DigitalTransformation #eCommerce #EmerceConsulting

🌟 𝐖𝐡𝐲 𝐁𝐫𝐢𝐧𝐠𝐢𝐧𝐠 𝐈𝐝𝐞𝐚𝐬 𝐭𝐨 𝐋𝐢𝐟𝐞 𝐑𝐞𝐪𝐮𝐢𝐫𝐞𝐬 𝐌𝐨𝐫𝐞 𝐓𝐡𝐚𝐧 𝐉𝐮𝐬𝐭 𝐚 𝐕𝐢𝐬𝐢𝐨𝐧 💡Reflecting on my entrepreneurial journey, one thing is clear: 𝘁𝘂𝗿𝗻𝗶𝗻𝗴 𝗶𝗱𝗲𝗮𝘀 𝗶𝗻𝘁𝗼 𝗿𝗲𝗮𝗹𝗶𝘁𝘆 𝘁𝗮𝗸𝗲𝘀 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗷𝘂𝘀𝘁 𝗮 𝘃𝗶𝘀𝗶𝗼𝗻. Early on, I was filled with ambition and dreams of providing valuable services to my clients, but I quickly learned that vision alone isn’t enough. 🚀 A vision is essential, but it’s the combination of planning, execution, collaboration, and perseverance that truly brings ideas to life. Let’s embrace these principles and turn our visions into realities! What strategies have helped you bring your ideas to life? Drop your tips below! #Entrepreneurship #Vision #Execution #Collaboration #Resilience #GrowthJourney #EmerceConsulting

📢  𝐖𝐨𝐰 Netflix, 𝐰𝐡𝐚𝐭 𝐚 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐫𝐞𝐥𝐞𝐚𝐬𝐞 𝐭𝐡𝐢𝐬 𝐦𝐨𝐯𝐢𝐞! I am in Retail as guilty as everyone in this trailer, but what a powerful message and what perfect timing to release it! 📅 𝘽𝙪𝙮 𝙉𝙤𝙬: 𝙏𝙝𝙚 𝙎𝙝𝙤𝙥𝙥𝙞𝙣𝙜 𝘾𝙤𝙣𝙨𝙥𝙞𝙧𝙖𝙘𝙮 𝘱𝘳𝘦𝘮𝘪𝘦𝘳𝘦𝘴 𝘰𝘯 𝙉𝙚𝙩𝙛𝙡𝙞𝙭 𝙤𝙣 𝙉𝙤𝙫𝙚𝙢𝙗𝙚𝙧 20𝙩𝙝—𝘫𝘶𝘴𝘵 𝙤𝙣𝙚 𝙬𝙚𝙚𝙠 𝙗𝙚𝙛𝙤𝙧𝙚 𝘽𝙡𝙖𝙘𝙠 𝙁𝙧𝙞𝙙𝙖𝙮. This 𝗽𝗼𝘄𝗲𝗿𝗳𝘂𝗹 𝗱𝗼𝗰𝘂𝗺𝗲𝗻𝘁𝗮𝗿𝘆 pulls back the curtain on the world’s top brands, revealing hidden tactics designed to keep us in a 𝗿𝗲𝗹𝗲𝗻𝘁𝗹𝗲𝘀𝘀 𝗰𝘆𝗰𝗹𝗲 𝗼𝗳 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻. It exposes how global corporations encourage us to keep buying, while the true costs remain unseen. At a time when buying is often equated with happiness and identity, this film challenges us to question who benefits most. It’s a call for us to shift the conversation and demand responsibility from companies, not just consumers. So before you hit “𝗕𝘂𝘆 𝗡𝗼𝘄” this holiday season, take a closer look. Maybe it's time to move away from this cycle of endless purchasing and start making mindful, intentional choices. Are you ready to rethink the way you shop? #BuyNow #TheShoppingConspiracy #NetflixDocumentary #RethinkConsumption #Sustainability #EmerceConsulting

🥘 𝐂𝐥𝐨𝐮𝐝𝐊𝐢𝐭𝐜𝐡𝐞𝐧𝐬: 𝐓𝐡𝐞 𝐍𝐞𝐱𝐭 𝐁𝐢𝐠 𝐃𝐢𝐬𝐫𝐮𝐩𝐭𝐢𝐨𝐧 𝐟𝐫𝐨𝐦 𝐓𝐫𝐚𝐯𝐢𝐬 𝐊𝐚𝐥𝐚𝐧𝐢𝐜𝐤 Travis Kalanick, co-founder of Uber, poses a key question: “Can you get the preparation and delivery of food so high-quality and cost-efficient, that it starts to approach the cost of you going to the grocery store. If that happens, you do to the kitchen what Uber did to the car.” With the $𝟮 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 𝗳𝗼𝗼𝗱 𝗮𝗻𝗱 𝗴𝗿𝗼𝗰𝗲𝗿𝘆 𝗺𝗮𝗿𝗸𝗲𝘁 ripe for innovation, CloudKitchens is set to redefine how we think about food and logistics: 👉 𝘿𝙞𝙜𝙞𝙩𝙞𝙯𝙞𝙣𝙜 𝙩𝙝𝙚 𝙋𝙝𝙮𝙨𝙞𝙘𝙖𝙡 𝙒𝙤𝙧𝙡𝙙: Kalanick transforms manufacturing and logistics into scalable ecosystems. 👉 𝙎𝙤𝙛𝙩𝙬𝙖𝙧𝙚 & 𝙍𝙤𝙗𝙤𝙩𝙞𝙘𝙨: Revolutionizing food prep with automation for faster, more efficient service. 👉 𝙎𝙩𝙖𝙧𝙗𝙪𝙘𝙠𝙨 𝙋𝙖𝙧𝙩𝙣𝙚𝙧𝙨𝙝𝙞𝙥: Envision drinks and food from CloudKitchens delivered in MINUTES, restoring Starbucks as the “third place.” 🎥 Watch the full video to explore the future of food and logistics: https://lnkd.in/gptDjNmv #Innovation #CloudKitchens #TravisKalanick #FutureOfFood #Logistics #Disruption #Starbucks #Entrepreneurship #EmerceConsulting

🇸🇦 𝐌𝐞𝐢𝐭𝐮𝐚𝐧 𝐓𝐚𝐤𝐞𝐬 𝐚 𝐁𝐨𝐥𝐝 𝐒𝐭𝐞𝐩: 𝐊𝐞𝐞𝐭𝐚 𝐋𝐚𝐮𝐧𝐜𝐡𝐞𝐬 𝐢𝐧 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚 Big news in the food delivery world! Meituan, the leading Chinese on-demand food delivery platform, is making waves by expanding its international service, Keeta, into Saudi Arabia! 📈 The online food delivery market in Saudi Arabia is projected to reach a staggering US$11.74 billion this year, with a growth rate of 5.2% expected through 2029! This strategic move comes as the company seeks new growth opportunities amid rising competition and a challenging economic landscape back home. 📍𝙇𝙖𝙪𝙣𝙘𝙝 𝙇𝙤𝙘𝙖𝙩𝙞𝙤𝙣: Keeta has officially begun operations in Al-Kharj and is gearing up to expand into Riyadh, the capital! 📍𝘾𝙪𝙨𝙩𝙤𝙢𝙚𝙧 𝙄𝙣𝙘𝙚𝙣𝙩𝙞𝙫𝙚𝙨: To attract new diners, Keeta is offering free delivery on orders over 25 SAR (around $6.66) and incredible discounts of nearly 70% on select combo meals! 📍𝙁𝙖𝙨𝙩 𝘿𝙚𝙡𝙞𝙫𝙚𝙧𝙮: Customers can expect their meals to arrive within 30 minutes, or they can choose to pick up directly from restaurants via the app. Meituan’s successful entry into Hong Kong - where Keeta captured a remarkable 43% market share in its first quarter - sets a strong precedent for its Middle Eastern debut. However, competition will be fierce with local giants like Jahez Group, talabat, and HungerStation | هنقرستيشن. CEO Wang Xing emphasizes that “the overseas market is the right long-term strategy for Meituan.” With a remarkable 21% revenue jump, the company's focus on local food and grocery deliveries clearly demonstrates its resilience against tough competition from rivals like Alibaba and ByteDance. 𝘞𝘪𝘭𝘭 𝘒𝘦𝘦𝘵𝘢 𝘴𝘪𝘨𝘯𝘪𝘧𝘪𝘤𝘢𝘯𝘵𝘭𝘺 𝘴𝘩𝘢𝘬𝘦 𝘶𝘱 𝘵𝘩𝘦 𝘚𝘢𝘶𝘥𝘪 𝘧𝘰𝘰𝘥 𝘥𝘦𝘭𝘪𝘷𝘦𝘳𝘺 𝘮𝘢𝘳𝘬𝘦𝘵? Read full story here: https://lnkd.in/gqtR2cW7 #EmerceConsulting #Meituan #Keeta #FoodDelivery #SaudiArabia #Ecommerce #BusinessExpansion #Innovation #MarketTrends #FoodTech 

🎙️ 𝐏𝐨𝐝𝐜𝐚𝐬𝐭 𝐀𝐥𝐞𝐫𝐭: 𝐈𝐧𝐬𝐢𝐝𝐞 𝐭𝐡𝐞 𝐒𝐮𝐜𝐜𝐞𝐬𝐬 𝐨𝐟 𝐎𝐧𝐞 𝐨𝐟 𝐄𝐠𝐲𝐩𝐭’𝐬 𝐁𝐢𝐠𝐠𝐞𝐬𝐭 𝐅𝐚𝐬𝐡𝐢𝐨𝐧 𝐇𝐨𝐮𝐬𝐞𝐬, 𝐂𝐚𝐫𝐢𝐧𝐚 𝐖𝐞𝐚𝐫 In our latest episode of the Commerce Talks Podcast - Middle East, we had a fantastic conversation with Moussa Asfour, CEO of Carina Wear, 𝘰𝘯𝘦 𝘰𝘧 𝘌𝘨𝘺𝘱𝘵'𝘴 𝘭𝘦𝘢𝘥𝘪𝘯𝘨 𝘧𝘢𝘴𝘩𝘪𝘰𝘯 𝘣𝘳𝘢𝘯𝘥𝘴. Moussa shared his valuable insights on the Egyptian retail market and Carina Wear’s journey of growth and innovation. 🎧 Listen to the full episode here: https://lnkd.in/gN2YSpvv 𝐇𝐞𝐫𝐞 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬: ✨ 𝗕𝗿𝗮𝗻𝗱 𝗚𝗿𝗼𝘄𝘁𝗵 𝗮𝗻𝗱 𝗖𝗼𝗻𝘀𝘂𝗺𝗲𝗿 𝗜𝗻𝘀𝗶𝗴𝗵𝘁 Carina Wear’s rise as a fashion powerhouse reflects its deep understanding of the Egyptian consumer and commitment to meeting local needs. ✨ 𝐞𝐂𝗼𝗺𝗺𝗲𝗿𝗰𝗲 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆 𝗮𝗻𝗱 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 Moussa discusses Carina's approach to eCommerce, utilizing digital platforms to reach an expanding audience across Egypt and beyond. ✨ 𝗧𝗮𝗰𝗸𝗹𝗶𝗻𝗴 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 Establishing reliable delivery services is essential in Egypt's logistics landscape, and Carina has adapted to provide a smooth customer experience. ✨ 𝗘𝗳𝗳𝗲𝗰𝘁𝗶𝘃𝗲 𝗠𝗮𝗿𝗸𝗲𝘁𝗶𝗻𝗴 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 Carina’s locally tailored marketing strategies have been instrumental in building a strong brand identity and loyal customer base. ✨ 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗘𝘅𝗽𝗮𝗻𝘀𝗶𝗼𝗻 𝗮𝗻𝗱 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝗶𝗲𝘀 Moussa sheds light on Carina Wear’s plans for regional growth and how they’re navigating Egypt's evolving economic climate. Whether you’re in fashion, eCommerce, or simply curious about the Egyptian retail scene, this episode offers invaluable insights you won’t want to miss! If you're interested in joining Alexander Graf and me on an upcoming episode, don't hesitate to reach out! #Ecommerce #Retail #Egypt #Podcast #CarinaWear #ConsumerBehavior #MarketingStrategies #EmerceConsulting

𝐒𝐞𝐞 𝐲𝐨𝐮 𝐭𝐨𝐦𝐨𝐫𝐫𝐨𝐰 𝐚𝐭 Beautyworld Middle East 🎉 Tomorrow, 30th Oct, I’ll be speaking on the “𝙀𝙘𝙤𝙢𝙢𝙚𝙧𝙘𝙚 𝘿𝙤𝙢𝙞𝙣𝙖𝙣𝙘𝙚: 𝙍𝙚𝙫𝙤𝙡𝙪𝙩𝙞𝙤𝙣 𝙞𝙣 𝘽𝙚𝙖𝙪𝙩𝙮 𝙍𝙚𝙩𝙖𝙞𝙡” panel. Joining me on stage will be an amazing lineup of speakers, including Alexandra, Mukta, Ritika, and Subha. As the beauty industry continues to evolve, understanding the impact of eCommerce is crucial for retailers and brands looking to thrive. I’m looking forward to sharing insights, strategies, and the latest trends that are shaping the future of beauty retail across the Middle East. Come and say hi if you are going to be at the event. #BeautyworldME #Ecommerce #BeautyRetail #DubaiEvents #Networking #Innovation #DigitalTransformation #EmerceConsulting

🚀 𝐋𝐮𝐥𝐮 𝐑𝐞𝐭𝐚𝐢𝐥 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬 𝐏𝐋𝐂 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐬 𝐅𝐥𝐨𝐚𝐭𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐀𝐛𝐮 𝐃𝐡𝐚𝐛𝐢 𝐒𝐞𝐜𝐮𝐫𝐢𝐭𝐢𝐞𝐬 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞 (𝐀𝐃𝐗) 𝐒𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐓𝐨𝐝𝐚𝐲 Today marks a significant milestone for Lulu Retail Holdings with the launch of its Initial Public Offering (IPO) on the Abu Dhabi Securities Exchange (ADX). As the largest and fastest-growing pan-GCC retailer, LuLu Group International is offering 25% of its shares, aiming to raise around $1.8 billion and creating new opportunities for shareholders, partners, and customers alike. ✨ 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴: 📊 𝗦𝗵𝗮𝗿𝗲𝘀 𝗢𝗳𝗳𝗲𝗿𝗲𝗱: 2.58 billion shares, representing 25% of the company’s issued shares 🏢 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗖𝗮𝘁𝗲𝗴𝗼𝗿𝗶𝗲𝘀: Open to UAE Retail Investors, Professional Investors, and Eligible Senior Executives 📅 𝗦𝘂𝗯𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻 𝗣𝗲𝗿𝗶𝗼𝗱: October 28 - November 5 💸 𝗗𝗶𝘃𝗶𝗱𝗲𝗻𝗱 𝗣𝗼𝗹𝗶𝗰𝘆: Targeting a 75% annual payout ratio, with the first dividend expected in early 2025 📈 𝗟𝗶𝘀𝘁𝗶𝗻𝗴 𝗗𝗮𝘁𝗲: Expected trading on ADX by November 14 Founder and Chairman Yusuff Ali M.A. reflected on this achievement, saying, “𝘐𝘵’𝘴 𝘸𝘪𝘵𝘩 𝘪𝘮𝘮𝘦𝘯𝘴𝘦 𝘱𝘳𝘪𝘥𝘦 𝘵𝘩𝘢𝘵 𝘸𝘦 𝘢𝘯𝘯𝘰𝘶𝘯𝘤𝘦 𝘵𝘩𝘦 𝘱𝘭𝘢𝘯𝘯𝘦𝘥 𝘐𝘗𝘖 𝘰𝘧 𝘓𝘶𝘭𝘶 𝘙𝘦𝘵𝘢𝘪𝘭 𝘰𝘯 𝘈𝘋𝘟, 𝘣𝘳𝘪𝘯𝘨𝘪𝘯𝘨 𝘵𝘰 𝘮𝘢𝘳𝘬𝘦𝘵 𝘵𝘩𝘦 𝘭𝘢𝘳𝘨𝘦𝘴𝘵 𝘱𝘢𝘯-𝘎𝘊𝘊 𝘧𝘶𝘭𝘭-𝘭𝘪𝘯𝘦 𝘳𝘦𝘵𝘢𝘪𝘭𝘦𝘳 𝘣𝘺 𝘴𝘦𝘭𝘭𝘪𝘯𝘨 𝘴𝘱𝘢𝘤𝘦, 𝘴𝘢𝘭𝘦𝘴 𝘢𝘯𝘥 𝘯𝘶𝘮𝘣𝘦𝘳 𝘰𝘧 𝘴𝘵𝘰𝘳𝘦𝘴. 𝘞𝘦 𝘧𝘰𝘶𝘯𝘥𝘦𝘥 𝘓𝘶𝘭𝘶 𝘪𝘯 1974 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘢𝘮𝘣𝘪𝘵𝘪𝘰𝘯 𝘵𝘰 𝘪𝘯𝘵𝘳𝘰𝘥𝘶𝘤𝘦 𝘢𝘯𝘥 𝘦𝘮𝘣𝘦𝘥 𝘰𝘳𝘨𝘢𝘯𝘪𝘻𝘦𝘥 𝘳𝘦𝘵𝘢𝘪𝘭 𝘪𝘯 𝘵𝘩𝘦 𝘜𝘈𝘌 𝘢𝘯𝘥 𝘢 𝘤𝘰𝘮𝘮𝘪𝘵𝘮𝘦𝘯𝘵 𝘵𝘰 𝘤𝘳𝘦𝘢𝘵𝘦 𝘢 𝘴𝘩𝘰𝘱𝘱𝘪𝘯𝘨 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦 𝘵𝘩𝘢𝘵 𝘤𝘶𝘴𝘵𝘰𝘮𝘦𝘳𝘴 𝘸𝘰𝘶𝘭𝘥 𝘭𝘰𝘷𝘦 𝘢𝘯𝘥 𝘳𝘦𝘮𝘢𝘪𝘯 𝘭𝘰𝘺𝘢𝘭 𝘵𝘰. 𝘞𝘦 𝘩𝘢𝘷𝘦 𝘦𝘹𝘤𝘦𝘦𝘥𝘦𝘥 𝘰𝘶𝘳 𝘰𝘸𝘯 𝘦𝘹𝘱𝘦𝘤𝘵𝘢𝘵𝘪𝘰𝘯𝘴 𝘢𝘯𝘥 𝘤𝘶𝘳𝘳𝘦𝘯𝘵𝘭𝘺 𝘓𝘶𝘭𝘶 𝘰𝘱𝘦𝘳𝘢𝘵𝘦𝘴 𝘮𝘰𝘳𝘦 𝘵𝘩𝘢𝘯 240 𝘴𝘵𝘰𝘳𝘦𝘴 𝘢𝘤𝘳𝘰𝘴𝘴 𝘴𝘪𝘹 𝘎𝘊𝘊 𝘤𝘰𝘶𝘯𝘵𝘳𝘪𝘦𝘴, 𝘥𝘦𝘭𝘪𝘷𝘦𝘳𝘪𝘯𝘨 𝘪𝘮𝘮𝘦𝘯𝘴𝘦 𝘷𝘢𝘭𝘶𝘦 𝘦𝘷𝘦𝘳𝘺 𝘥𝘢𝘺 𝘧𝘰𝘳 𝘯𝘦𝘸 𝘢𝘯𝘥 𝘭𝘰𝘺𝘢𝘭 𝘤𝘶𝘴𝘵𝘰𝘮𝘦𝘳𝘴.” Read the full announcement here: https://lnkd.in/ghsnVWYH 🌟 Are you ready to be part of Lulu’s journey? Congratulations to the whole Lulu team! I am very happy for all of you. #IPO #ADXListing #LuluRetail #GCC #RetailInnovation #LuluIPO #EmerceConsulting