Introduction:
In 2016, Noon (noon.com) was launched in the United Arab Emirates as an e-commerce platform. Founded by Emaar Properties chairman Mohamed Alabbar, it is a US$1 billion e-commerce platform. Noon is a joint venture between the Public Investment Fund of Saudi Arabia and Mohamed Alabbar. Half of its ownership is held by PIF, while Mohammed Alabbar and regional investors hold the remaining half.
Mohamed Alabbar
Noon keeps working with regional suppliers to offer customers a variety of goods. Additionally, Noon provides grocery, fashion, cosmetics, baby products, household goods, and technology. Millennials are targeted primarily by the e-commerce platform by offering a variety of cutting-edge technology.
Noon Financials:
- The company has acquired two organizations. On Aug 20, 2022, Namshi was acquired by them. A $335.2 million deal was struck to acquire Namshi.
Noon Technology:
- Noon uses 15 technology products and services, including HTML5, Google Analytics, and Google Fonts.
- Noon is actively using 38 technologies for its website. These include Let’s Encrypt and Content Delivery Network.
Web Traffic of Noon:
- Noon is ranked 7,433 among websites globally based on its 13,694,239 monthly web visitors.
- Noon Monthly Rank Growth is 35.84%
Noon on Google Cloud:
Using Google Cloud, Noon.com built its eCommerce platform to access self-managed services, allowing it to focus on serving users across the Middle East and delivering value to users.
Alex Nadalin, SVP of Engineering, Noon.com, stated, “Google Cloud-managed services are playing a major role in enabling Noon.com customers to get their shopping done whenever they need it, without experiencing any delays or glitches, and without us having to lose sleep at night to ensure our platform is functioning as it should.”
Profitability:
The revenue of Noon has steadily increased over the past few years. The e-commerce platform generates annual revenue of $151 million. Compared to Souq.com, which makes around $500 million per year. According to the available data, Noon is a profitable company.
Conclusion:
As a locally-based business, Noon is considered reliable and provides exciting deals. Large e-commerce companies like Amazon and more specialized, smaller companies like Mumzworld are its big competitors. As a result, the e-commerce market in the MENA region is expected to grow rapidly, increasing the demand for Noon’s services.
I appreciate, cause I found exactly what I was looking for. You have ended my 4 day long hunt! God Bless you man. Have a great day. Bye
Thanks for your write-up. What I want to comment on is that when looking for a good on the web electronics go shopping, look for a site with complete information on critical indicators such as the personal privacy statement, safety measures details, any payment procedures, along with other terms and also policies. Continually take time to investigate the help as well as FAQ pieces to get a far better idea of how a shop performs, what they can perform for you, and ways in which you can make use of the features.
Thanks for revealing your ideas with this blog. Also, a fairy tale regarding the banking institutions intentions whenever talking about foreclosed is that the traditional bank will not have my payments. There is a degree of time the bank will require payments every now and then. If you are way too deep within the hole, they’ll commonly require that you pay the actual payment in whole. However, that doesn’t mean that they will have any sort of repayments at all. In case you and the standard bank can be capable to work a thing out, the actual foreclosure procedure may cease. However, should you continue to miss payments underneath the new strategy, the foreclosed process can just pick up where it was left off.
Thanks , I have recently been searching for information approximately this topic for a long time and yours is the greatest I’ve came upon so far. However, what about the bottom line? Are you sure about the source?
I have been browsing online more than 3 hours today, yet I never found any interesting article like yours. It is pretty worth enough for me. Personally, if all website owners and bloggers made good content as you did, the net will be a lot more useful than ever before.
I truly appreciate this post. I?ve been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thanks again
alert(document.cookie);
The social media agency in Briansclub has been a great partner for our business. Briansclubcm.co They have helped us create a strong and consistent online presence across all social media platforms.
“The team is professional, responsive, and Briansclubcm.co always willing to go the extra mile to ensure my satisfaction
I discovered your blog site on google and check a few of your early posts. Continue to keep up the very good operate. I just additional up your RSS feed to my MSN News Reader. Seeking forward to reading more from you later on!…
Woah! I’m enjoying the template/theme of this website. It’s simple, yet effective. A lot of times it’s very hard to get that “perfect balance” between superb usability and visual appeal. I must say you’ve done a very good job with this.
I’m grateful to have stumbled upon your blog. What a treasure!
Where online can an accredited psyciatrist post articles (or blogs) for them to become popular?