Mobile App Investment Opportunity in Arar, Saudi Arabia

- The company is a new entrant in the general e-commerce space, transforming the online shopping experience and setting new standards.
- Our platform primarily focuses on selling electronics such as iPads, mobile phones, and related devices.
- Our app has garnered over 140,000 downloads.
- Although the company was incorporated five years ago, the app and its revenue operations began just six months ago, so we do not have revenue data from the previous financial year.
- To date, all products sold on our app have been purchased from retail outlets, with no exclusive supplier agreements in place.
- We are now preparing to launch an e-auction feature, allowing customers to bid on a wide range of products, including cars and any other items they are interested in.
- Our revenue model for the e-auction includes a small transaction fee from every customer who wants to participate.
- We are also onboarding physical stores onto our platform.
- These stores will register with us and pay us a commission to be listed on our platform.
- Currently, over 100 stores have requested to join our marketplace.
- We have a team of 7 employees to ensure smooth business operations.
- We are registered with the Ministry of Commerce.