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Careem and Noon cut fees in bid to disrupt Middle Eastern food delivery


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Careem and Noon cut fees in bid to disrupt Middle Eastern food delivery
Careem and Noon cut fees in bid to disrupt Middle Eastern food delivery
Moves come as food outlets in the region complain of high commissions from delivery platforms
World Economy News
7 Feb 2021
• 2 min read
Two of the Middle East’s biggest food delivery operators are slashing the high commission costs criticised by struggling restaurants in a bid to disrupt the region’s $3bn market.
Careem, the ride-hailing app acquired by Uber for $3.1bn in 2019, said it would replace percentage-based commission with a new fixed monthly charge for merchants on its application, which spans ride-hailing, food delivery, shopping and bike rental. ....

Saudi Arabia , Mudassir Sheikha , Abdul Kader Saadi , Public Investment Fund , Middle East , Noon Food , Middle Eastern , Glee Hospitality , சவுதி அரேபியா , முதஸ்ஸீர் ஷேக்கா , அப்துல் காதர் ஸ்யாடீ , பொது முதலீடு நிதி , நடுத்தர கிழக்கு , நண்பகல் உணவு , மகிழ்ச்சி விருந்தோம்பல் ,