Saudi retail giant sees 200% growth in online sales amid Covid-19

      Published on Saturday, 28 March , 2020      375 Views     
Saudi retail giant sees 200% growth in online sales amid Covid-19

  • Business

Saudi Arabian retailer BinDawood Holding has seen a 200 percent increase in its online sales since the escalation of the Covid-19 crisis.

BinDawood Holding’s two e-commerce platforms – Danube and BinDawood Online – have recorded a “significant upturn in organic growth the last few weeks”, according to Majed M. Al Tahan, co-founder & MD, Danube Online.

“Our average sales on a 10-day basis has shot up 200 percent, with our average order value up 50 percent and our app installations topping 400 percent,” Al Tahan revealed.

“The demand has been so great that we are adding jobs [such as packers and drivers]. It has been an incredibly busy period.”

Ahmad AR. BinDawood, CEO, Danube & BinDawood, BinDawood Holding said all its stores remain open in the kingdom, with additional stringent sanitisation measures to protect its customers and staff.

“All our 72 stores remain open and we continue to provide effective customer service as we play an important role in serving the communities across the kingdom,” BinDawood said.

“This week, as planned, the newest Danube store opened in Al Andalus in Riyadh, with the support of the government, to cope with the demand that is happening,” he added.

The number of coronavirus cases in Saudi Arabia jumped by 112 to 1,012 in the latest figures provided by the Ministry of Health.

The kingdom reported its second coronavirus death yesterday and has since tightened its curfew, barring entry and exit from Riyadh as well as Makkah and Medina, and prohibiting movement between all provinces.

Category Business, Saudi News | 2020/03/28 latest update at 3:00 PM
Source : Arabian Business | Photocredit : Google
Comments Add comment

Gulf Media

Related Articles

The editorial staff of Saudi Arabia Today would like to give all of its readers from Gulf and Saudi Arabia and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Saudi Arabia Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Saudi Arabia, the Gulf and the world.

Sponsored Publications