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US Food Tech Startup to Expand Into KSA With A $100 Million Joint Venture

US Food Tech Startup to Expand Into KSA With A $100 Million Joint Venture
US Food Tech Startup to Expand Into KSA With A $100 Million Joint Venture
Published June 3rd, 2021 - 09:30 GMT
Creating Culinary Communities (C3) Arabia has been valued at $100 million. (Twitter)
A US-based food technology platform has announced a new $100 million Saudi joint venture targeting 550 outlets by 2026, with the first set to launch in Riyadh early next year.

Creating Culinary Communities (C3) Arabia has been valued at $100 million and will be 49 percent owned by parent company C3 with Saudi investment firm WK Holding owning the remainder.
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Launched in 2019 by American serial entrepreneur Sam Nazarian, C3 currently operates around 250 food locations throughout the US. This year the company also launched the Citizens Go app, which allows users to order from multiple restaurants as part of a single order. ....

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C3 Expands to Saudi Arabia in $100M Joint Venture

Sam Nazarian-founded C3 is expanding to Saudi Arabia through a joint venture, valued at $100 million, with global investment group WK Holding. ....

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US food tech startup in $100m deal to expand into KSA

A US-based food technology platform has announced a new $100 million Saudi joint venture targeting 550 outlets by 2026, with the first set to launch in Riyadh early next year.
Creating Culinary Communities (C3) Arabia has been valued at $100 million and will be 49 percent owned by parent company C3 with Saudi investment firm WK Holding owning the remainder.
Launched in 2019 by American serial entrepreneur Sam Nazarian, C3 currently operates around 250 food locations throughout the US. This year the company also launched the Citizens Go app, which allows users to order from multiple restaurants as part of a single order.
C3’s expansion into Saudi Arabia will be fully funded by Smart Food Holding, a division of WK Holding. ....

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C3 creates JV In Saudi Arabia

C3 the world s fastest growing omnichannel food technology platform and Saudi Arabia based investment House WK Holding, have announced a joint venture to disrupt and revolutionise the region s food, beverage and lifestyle industries.
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C3 inks $100M Saudi Arabian deal

C3, a food tech platform operating ghost kitchens, will introduce Saudi Arabia to 40 restaurant brands via a $100 million deal with the country s investment house, WK Holding. Launched in 2019 by Sam Nazarian, C3 operates over 250 digital brand… ....

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