The company closed the developer to develop the sender of the one more applications prevalent in the kingdom of Saudi Arabia round of new investments of Category “a” value investment fund my STV with a pilot venture. So as to expand the operations of the application of which depends on the idea of delivery, parcels, eating and consumer products, auto parts and other cross-application of app that works in all cities.
Application was sent May was founded in 2015 and you can now more than 4 million users in Saudi Arabia, said Connect request and give up to $ 1 million reais in 2018.
On this occasion, the challenge of founding the application by saying: “come round in time, where we work to strengthen the company’s position to be at the forefront of the delivery companies participatory in the Kingdom and opening promising markets elsewhere in the region.”
And own STV, the investment arm of Saudi telecommunications company and similar investments in other companies, such as TV 11, cream, etc., this investment comes with the increased reliance on digital business in the region and rising demand for market services connected to foods that is considered a promising market as a result of the proliferation of smart phones in Saudi Arabia and the UAE.
Commented Han elements, partner at STV, said: “the founders of the company great knowledge of the local market, and develop a product to serve the developments and ensures the best experience for users. There are no other apps similar to those provided by the ’sender‘ in the region, confirms the spread of the company since its inception two years ago on the strength of its presence and its ability to achieve the desired growth.”
It is worth mentioning that the fund pioneer ventures co-lead this round of investment, in addition to Saudi investors Mazen al-Jubeir