The company "Jahiz" was launched in 2016 as a third-party online food delivery company with a clear and broad vision. It began its operations from its headquarters in Riyadh, aiming to transform the e-commerce landscape in the Kingdom in ways that were considered impossible at the time. The founders, who were and still are strong believers in Saudi talent, leveraged the Kingdom's impressive wealth of scientific knowledge, technical expertise, and talents to pave the way for a pioneering online business project. This project aimed to stimulate the potential for growing online businesses in the Middle East and North Africa region. Early investments in information and communication technology resources and capabilities, within a rapidly changing technological environment, helped Jahiz strengthen its confidence in its vision to become the most beloved lifestyle platform in the region within a few years. These investments included in-house expertise in developing smartphone applications, on-demand services, last-mile delivery, cloud servers, and other factors that would provide consumers with an unparalleled digital shopping experience. With the continuous flow of acquisitions and expansions that have dominated the scene between its founding and its historic IPO valued at $2.4 billion, Jahiz has solidified its position as a major player in this sector. The platform has seen the fastest growth in the Kingdom in terms of market share and is the first local billion-dollar company to go public.
