Market Share of Egypt E-commerce Industry
The Egyptian e-commerce market is fragmented with the presence of major players like Amazon.com Inc., Jumia, LC Waikiki, Watches Prime, and Elaraby Group. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- May 2024 - Jumia, Egypt's premier e-commerce platform, unveiled an extension of its strategic collaboration between JumiaPay and Contact CrediTech, the digital consumer finance division of Contact Financial Holding. The move is designed to elevate the service offerings for its clientele. This deepened partnership, initiated in January 2023, not only streamlines online payments but also introduces a range of financial solutions, catering to the needs of both Jumia and Contact's customer base.
- January 2024 - TijaraHub unveiled its latest e-commerce platform, designed to empower small and medium manufacturers in Egypt and Turkey. The platform's primary goal is to catapult these manufacturers onto the global stage, facilitating their expansion into new markets and fostering sustainable growth. Additionally, TijaraHub's platform offers buyers the flexibility to seamlessly navigate through a plethora of options and make purchases from a diverse range of vetted suppliers.
Egypt E-commerce Market Leaders
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Amazon.com, Inc.
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Jumia
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LC Waikiki
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Watches Prime
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Elaraby Group
*Disclaimer: Major Players sorted in no particular order