Consumers in UAE, Saudi Arabia and Qatar will now be able to shop online at over 200 leading US retailers through the award-winning cross platform app
MallfortheWorld, the popular global e-commerce platform, today announced that consumers in the UAE, Saudi Arabia and Qatar will now have access to over 200 of the leading retailers in the US through its app, marking its foray into the Middle East.
MallfortheWorld’s cross platform app, with both desktop and mobile versions available, is convenient, safe and fast and provides consumers in the three countries with access to more than 8.5 billion items from hundreds of e-commerce sites and stores in the US including Tully’s, BCBG, Madison Heart of New York, LightInTheBox, Newegg, Overstock, Carolee, World of Watches, eBags, Madison, Saks fifth Ave, which are otherwise inaccessible to the Middle Eastern population. Products range from fashion, home, consumer electronics and home appliances to footwear, sports, jewelry, and health and beauty, among others.
Online shopping in the Middle East is rapidly evolving and has grown by 1500% over the last decade. With a dynamic young population and with one of the highest global per capita internet penetration levels the online spending potential is quickly emerging as one of the highest in the world. According to a recent Hootsuite and We Are Social report, 62 percent of people in the UAE and 39 percent in Saudi Arabia made an online purchase in the last month, a 25 percent and 57 percent year-on-year increase respectively. Of these, 47 percent in UAE and 33 percent in Saudi Arabia made their purchases using their mobile phones.
Chris Folayan, CEO of MallfortheWorld said, “The Middle East has been on our radar for a while and we believe that this is right time to enter a high potential and developing e-commerce market which has all the right ingredients for us to make a mark for ourselves. Online shopping in the Middle East is on the rise and online sales are surging. Middle Eastern consumer appetite for American and European products is rapidly growing however access is very limited and this is where our unique business model comes into play. We plan to further expand our presence in the region with the addition of 5 more markets before year end.”
MallfortheWorld is the first-ever logistics, product delivery, payment, and e-commerce integration company offering consumers billions of products with zero inventory. “We have a very distinctive approach to the way we do business. Apart from managing payments, we also take care of the shipping, clearing, and delivery of the product to the customer. Our mission is to provide a simple way for merchants to sell into countries where they don’t ship and for customers, the ability to purchase items from foreign websites as conveniently as possible,” added Folayan.
Emphasizing on the company’s values of simplicity, speed and safety, Folayan added, “Our aim is to simplify global e-commerce, enable consumers to choose and shop from billions of products through a just a few clicks, and deliver a payment platform that is completely secure and customized to the local consumer needs. The MallfortheWorld app opens up a world of opportunities for retailers, consumers as well as for the global e-commerce industry as a whole.”
MallfortheWorld is the parent company of the award-winning global e-commerce giant MallforAfrica and CaribShopper. Growing at a steady rate, the app is available in Africa, Caribbean, and now the Middle East.
MallfortheWorld is a global e-commerce platform which enables customers in Africa, the Caribbean and Middle East to purchase products from over 200 UK and US retailers. Continuing with its mission to allow customers to “shop global, pickup local” the company plans to enter 40 new countries over the next two years. With its proprietary platform and guaranteed payment system, consumers have access to billions of items, while ensuring payment to vendors and handling all transaction fees. For more information, visit www.mallfortheworld.com.
CHRIS FOLAYAN- CEO AND FOUNDER OF MALLFORTHEWORLD.COM
With over 17 years’ experience in the technology industry, Chris Folayan founded MallfortheWorld (MFW) in 2017 and prior to this MallforAfrica. The award-winning global e-commerce company enables customers from the Middle East, Africa and Carribean to purchase billions of products from over 150 of the best US retailers in the world. Folayan also serves as Chairman of the Board of the African Diaspora Network, one of the largest US-based African diaspora networking groups that focuses on promoting economic development. Prior to Mallforthe world, he was the Founder and CEO of OCFX Inc. a globally recognized software and web design agency serving clients such as SONY, Cisco, HP, EPSON, BestBuy, and CapitalOne Finance. Folayan managed global relations with clients in over 50 countries and multi-million dollar projects.