Market Share of Kuwait E-commerce Industry
Kuwait's e-commerce market is witnessing a rise in competitiveness among companies. The market consists of various major players, such as 6th Street, Ubuy, H&M, and others. In terms of market share, these significant players are presently dominating the e-commerce market in Kuwait. However, with increasing innovations in e-commerce, many companies are increasing their market presence by securing new contracts and tapping new markets.
- January 2021 - Boohoo, British Online Fashion Retailer, has announced a partnership with Kuwait-based Alshaya Group to build its Debenhams brand in the Middle East region.
- May 2022 - Fiz, an grocery delivery e-commerce startup, secured an investment of secured USD 2.5 million for introducing its grocery delivery platform.
Kuwait Ecommerce Market Leaders
6th Street
Namshi General Trading L.L.C
H & M Hennes & Mauritz AB
Ubuy Inc
Sprii DMCC
*Disclaimer: Major Players sorted in no particular order
