Market Share of Egypt E-commerce Industry
The report covers the major international players operating in the Egypt e-commerce market. In terms of market share, some of the major players currently dominate the market. Key major players include Amazon, Btech, LC Waikiki, and Watches Prime. These major players account for a considerable percentage of online sales in the region and actively participate in partnerships and product innovations to gain more market share.
- January 2022: Brimore announced that it had raised $25 million in a Series A fundraising round backed by IFC and Endure Capital. The company intends to use the funds to grow its logistics and operational infrastructure, extend its product catalogs, and expand its network of vendors and suppliers. In addition, the company intends to use the investment to replicate its success in the Egyptian social commerce business in other African markets in short to medium term.
- July 2021: Taager announced that the company had raised US$6.4 million in a seed fundraising round headed by 4DX Ventures. Other investors who took part in the round included Raed Ventures, Beco Capital, Breyer Capital, and some private investors.
Egypt ECommerce Market Leaders
Amazon
Btech
Elaraby Group
Manzzeli
Carrefour Egypt
*Disclaimer: Major Players sorted in no particular order
