{"id":544416,"date":"2022-03-02T04:12:01","date_gmt":"2022-03-02T04:12:01","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/"},"modified":"2022-03-02T04:12:01","modified_gmt":"2022-03-02T04:12:01","slug":"saudis-sary-acquires-egyptian-marketplace-mowarrid","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/","title":{"rendered":"Saudi\u2019s Sary acquires Egyptian marketplace Mowarrid"},"content":{"rendered":"

<\/a> Saudi B2B wholesale marketplace <\/strong>Sary<\/a><\/strong> has acquired Egyptian e-commerce <\/strong>platform <\/strong>Mowarrid<\/strong> for an undisclosed amount, <\/strong>in the first step of Sary\u2019s plan to expand into MENAP markets, the companies announced in a statement (pdf)<\/a> yesterday.<\/p>\n

About Mowarrid:<\/strong> Founded in 2018, the company operates in B2B food and grocery, offering more than 1k products to more than 10k retailers, according to the statement.<\/p>\n

About Sary:<\/strong> The Saudi platform connects MSME F&B businesses with big wholesale and FMCG retailers. Sary has raised a total of USD 112 mn since it was founded in 2018, over several series rounds led by the kingdom's sovereign wealth fund's fully-owned subsidiary Sanabil Investments<\/a>, according to the National.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Saudi B2B wholesale marketplace Sary has acquired Egyptian e-commerce platform Mowarrid for an undisclosed amount, in the first step of Sary\u2019s plan to expand into MENAP markets, the companies announced in a statement (pdf) yesterday. About Mowarrid: Founded in 2018, the company operates in B2B food and grocery, offering more than 1k products to more […]<\/p>\n","protected":false},"author":1,"featured_media":544417,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7258],"tags":[1098,72,7128,1255,95],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-startup-watch","tag-b2b","tag-enterpriseam","tag-ma-watch","tag-mowarrid","tag-startup-watch","wpautop","entry"],"acf":{"mongo_id":"41f9df3d-6028-438a-9286-f7a360d99534","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/21.jpg","photo_position":"above","related_issue":[544405],"teaser":"","voice_url":""},"yoast_head":"\nSaudi\u2019s Sary acquires Egyptian marketplace Mowarrid - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi\u2019s Sary acquires Egyptian marketplace Mowarrid\" \/>\n<meta property=\"og:description\" content=\"Saudi B2B wholesale marketplace Sary has acquired Egyptian e-commerce platform Mowarrid for an undisclosed amount, in the first step of Sary\u2019s plan to expand into MENAP markets, the companies announced in a statement (pdf) yesterday. About Mowarrid: Founded in 2018, the company operates in B2B food and grocery, offering more than 1k products to more […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-02T04:12:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/21.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Saudi\u2019s Sary acquires Egyptian marketplace Mowarrid\",\"datePublished\":\"2022-03-02T04:12:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/\"},\"wordCount\":121,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/21.jpg?fit=%2C&ssl=1\",\"keywords\":[\"B2B\",\"EnterpriseAM\",\"M&A Watch\",\"Mowarrid\",\"Startup watch\"],\"articleSection\":[\"Startup watch\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/02\/saudis-sary-acquires-egyptian-marketplace-mowarrid\/\",\"name\":\"Saudi\u2019s Sary acquires Egyptian marketplace Mowarrid - 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