Launched in 2016 as an online food delivery startup with much scope and ambition, Jahez began its operations headquartered in Riyadh looking to disrupt the Kingdom’s on-demand service landscape in ways that were until then deemed impossible. The founders, who were and continue to be great believers in Saudi ingenuity, drew from the Kingdom’s increasingly impressive wealth of scientific and technological knowhow and talent to set the stage for a pioneering online business venture that would turbocharge the MENA region’s internet entrepreneurship potential.

	Fiscal Year 2021 SAR'000	Fiscal Year 2022 SAR'000	Fiscal Year 2023 SAR'000
KSA	1,159,568	1,667,883	1,847,398
Non - KSA	-	4,129	72,366

Early investments in ICT resources and capabilities in a rapidly changing technological environment helped Jahez venture out with confidence that its vision to be the region’s most loved lifestyle platform would be realized in a matter of years. These investments included in-house expertise in smartphone application development, on-demand services, last-mile delivery, cloud servers and other factors that would bring to consumers an unparalleled digital shopping experience par excellence.

With a steady stream of headline-grabbing acquisitions and expansions made during the intervening period between inception and the historic USD 2.4 billion. IPO, Jahez had cemented itself as a major player in the sector, already recognized as the Kingdom’s fastest growing platform by market share and the first homegrown unicorn to go public.