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Talabat.com: An Entrepreneurial Growth Company in the Middle East

   

Added on  2023-04-24

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Running Head: Talabat.com 1
Entrepreneurship
Institution
Student name
Date
Talabat.com: An Entrepreneurial Growth Company in the Middle East_1

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Executive summary
The purpose of writing this document is to deliver a report on a company in the Middle East that
has experienced a positive and commendable growth on a period of the last two years. The report
will highlight the strategy that the entrepreneur can put into the place to double the size of the
company in a time of two years. I will also explain in depth the why I considered the company in
the content as a two year growth.
Talabat.com: An Entrepreneurial Growth Company in the Middle East_2

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Table of Contents
Executive summary.....................................................................................................................................2
(1.0) Introduction.....................................................................................................................................4
(2.0) Talabat as an entrepreneurial Growth Company..............................................................................5
(3.0) Entrepreneurial Traits and mindset of Abdulhamid Al Omar..........................................................6
(4.0) Internal weakness in resources and competences.............................................................................7
(5.0) Innovation, creativity and enterprising elements..............................................................................9
(6.0) Recommendation and Opportunities for accelerated and sustainable growth................................10
(7.0) Conclusion.....................................................................................................................................11
References.................................................................................................................................................12
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(1.0) Introduction
Talabat was founded in 2004 by a group of Kuwaiti entrepreneurs. Abdulhamid Al Omar
because the first CEO of the company and contributed much to its growth as the head of
Business development and product. Abdulhamid received his MBA from the University of Leeds
with a BSc in Computer science which was very vital to the designing of the website for the
company. Currently it is owned by Delivery Hero AG the company owned by Mohamed Jaafar
who took over the ownership in 2010 after the enterprise was sold to him. In the year 2015,
Rocket internet acquired its ownership for 170m USD which represented the largest internet
technology acquisition in the Middle East to date.Talabat.Com is one among the online food
ordering platform whose operation is based in the GCC that is Emirates, Oman, Arabia, and
Qatar. The Company is the largest online food ordering platform in the Middle East. Users can
order from over 4300 restaurant partners including brands such as Burger King, KFC, Pizza Hut,
Papa John’s and Subway as well as local eateries from different cuisines.
Talabat.com: An Entrepreneurial Growth Company in the Middle East_4

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