yallamarket
Yalla!Mart
Dubai's first express delivery service for groceries from dark stores
Updated: 04.09.2023
About
Yalla!Market is Dubai's first express delivery service for groceries from dark stores. Now Yalla couriers bring food and household goods to users in 15 minutes, fulfilling more than 15 thousand orders per month. Super fast delivery Yalla Market is an important infrastructure facility in 15-minute cities. This allows people to focus on more important things than housework - they have 2 times more time for family, career, hobbies.
The MENA Fast Commerce market is expected to reach around AED 172 billion by 2030 with a CAGR of 17%, the highest among growth sectors, with food and food delivery being the main contributors to this growth.
Yalla!Mart
Legal name
01.04.2021
Date founded
120+
Employees
Dubai, UAE
Location
Website
STRENGTHS
3 minutes
Average order assembly time
96% of orders
Completed in 15 minutes
2.5 per week
Average number of orders per customer
7,000
Items in assortment
7 operating stores
JLT, Business Bay, DSO, Marina, Deira, JVC, AI Wasi
Media
07.03.2023
Cooperation between VkusVilla and YallaMarket, the first Dubai express delivery service...
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22.02.2023
In the middle of the pandemic in 2020, Russian entrepreneurs Leo Dovbenko and Stas...
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29.11.2022
YallaMarket kicks off quick commerce as a service solution, enabling businesses to...
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THE MARKET IS MOVING FROM E-COMMERCE TO Q-COMMERCE
The MENA Fast Commerce market is expected to reach around AED 172 billion with a CAGR of 17% by 2030, the highest among growth sectors, with food and food delivery being the main contributors to growth.
YALLAMARKET FOCUSES ON PREMIUM PRODUCTS
The company creates a unique and delicious assortment that distinguishes us, increases customer loyalty and increases profits.
Goals
- Expansion of the supplier base and direct import
- Expanding High Margin Categories
- Partnership with local producers
- Private Label F&B
- Private label for home and personal care
Target results
- 30% to gross margin
- 250 high margin products
SUPER-FAST ASSEMBLY OF ORDERS - UP TO 3 MINUTES
Competition
THE LEADER IN 15 MINUTE FOOD DELIVERY IN THE UAE MARKET
- Outperform existing players in the GCC market in terms of speed
- A unique range of products from groceries and fresh products to ready meals and hot drinks - all in one basket.
- The only player that has a CAPEX-Light model.
- Own stores: the ability to open and manage dark stores without incurring capital costs.
YALLAHUB - THE SHORTEST ROAD TO THE MARKET
YALLAHUB RECEIVES 100 NEW REQUESTS MONTHLY
GOAL: $12M IN 12 MONTHS
Aiming to reach $12M in ARR YallaHub within 12 months. The company will fulfill 2.8 thousand orders per day.
CONQUER PLAN
Company development geography
- Dubai and Abu Dhabi: 5 million people, 80 stores
- Rest of the Emirates: 5 million people, 30 stores
- Saudi Arabia: 38 million people, 285 stores
- Qatar: 2.8 million people, 25 stores
- Oman: 5 million people, 30 stores
- Kuwait: 4.5 million people, 25 stores
- Bahrain: 1.5 million people, 20 stores
- Africa: Lagos, Cape Town, Johannesburg
YALLA INVEST PLAN - 25X FOR INVESTORS
Key Exit Strategies
IPO in the MENA market in 2025
Acquisition by strategic players:
- Local players gain q-comm experience
- International q-comm grocery players will have quick access to the MENA market
Main investment theses
- Establishing the ultimate market leader in ultra-fast food delivery in the UAE and MENA in a few years
- Target market with a high 17% CAGR compared to the following
- Ultra-fast growth of the company by 30-40% monthly
- Target estimate of $3.5 billion by 2025
- 30x potential increase in business valuation
CASE IN THE SECONDARY MARKET
Growth +2,4x in 13 months
- Investor entered in July 2021 with $25,000
- Investor exited in September 2022 with $60,000
INVESTORS
Prominent venture capitalists, syndicates and entrepreneurs invest in YallaMarket
Our team
Leonid Dovbenko
Founder
Dubai, UAE
Stanislav Seleznev
CPO and Co-Founder
Dubai, UAE
Deal terms
Minimum investment
$10,000
Maximum investment
$500,000
Price per share
$2,000
Purchase fee
5%
Success fee
20%
Current company valuation
$100,000,000
Stage of the current round
Pre-Seed
Volume of the current round
$10,000,000
Average growth per week
+10.34%
Planned deal horizon
2025
*All information on the description, features, availability, cost is for information only and in no way constitutes a public offer.
investors: 401