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Saudi Delivery App Jahez to Buy Major Stake in Qatar’s Snoonu

Saudi Arabian delivery platform Jahez has agreed to acquire a majority stake in Qatari e-commerce platform Snoonu, in a positive signal for venture capital investors looking for more sign of exits in the Middle East.

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Bloomberg

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Saudi Delivery App Jahez to Buy Major Stake in Qatar’s Snoonu

3 days ago·United States

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al-watan.com

Saudi Jahez Acquires 76.56% of Sununu

Saudi Arabia's Jahez International Information Systems Technology Company (Jahez) announced that it has entered into a purchase and subscription agreement to acquire 76.56% of Qatari company Sununu Holding. Jahez stated in a statement that Sununu Holding...

3 days ago

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TechChannel News

Jahez acquires 77% stake in Qatar’s Snoonu for $245m

Jahez gets access into Qatar as part of expansion plan.

3 days ago

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Verdict Foodservice

Jahez to acquire 76% stake in Qatar’s Snoonu for $245m

Saudi-listed food delivery firm Jahez has agreed to acquire a 76.56% stake in Qatar’s on-demand delivery company Snoonu for $245m.The post Jahez to acquire 76% stake in Qatar’s Snoonu for $245m appeared first on Verdict Food Service.

3 days ago

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مجلة رواد الأعمال

Saudi Jahez Acquires a Majority Stake in Qatar's Sununu for $245 Million

Riyadh, July 9, 2025: Saudi Jahez announced its acquisition of a 76.56% stake in Qatari company Snoonu for $245 million, a significant step towards expanding its presence in Gulf markets. Jahez Saudi Arabia acquired a majority stake in Qatari company Snoonu for $245 million, with the aim of expanding regionally and enhancing delivery and e-commerce services in the Gulf. The deal is expected to be completed in the second half of 2025. Jahez Saudi…

3 days ago

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