{"id":564813,"date":"2021-03-01T14:20:02","date_gmt":"2021-03-01T14:20:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/look-out-talabat-and-elmenus-jumia-has-come-out-to-play\/"},"modified":"2021-03-01T14:20:02","modified_gmt":"2021-03-01T14:20:02","slug":"look-out-talabat-and-elmenus-jumia-has-come-out-to-play","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/look-out-talabat-and-elmenus-jumia-has-come-out-to-play\/","title":{"rendered":"Look out, Talabat and Elmenus. Jumia has come out to play"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Jumia looks to capitalize on Uber Eats\u2019 Egypt exit: <\/strong>Jumia is planning to expand its food delivery service Jumia Food in Egypt as part of the company\u2019s Africa expansion, co-CEO Sacha Poignonnec tells <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-03-01\/jumia-expands-in-online-africa-food-delivery-in-quest-for-profit?sref=mmeFTDW1\">Bloomberg<\/a> this morning. Jumia is bullish on food delivery services in Egypt where there is a gap in the market following the exit of Uber Eats from the Middle East <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/94b23f6d-874a-4f4e-89f2-8bad152190ff\">in 2020<\/a> he added. The company has so far added chain restaurants such as McDonalds and Burger King, to Jumia Food Egypt, with more to come, the CEO said.<\/p>\n<p><strong>This comes as food becomes a growing line of business: <\/strong>Food currently makes up 20% of overall transactions on the platform and is growing quickly, Poignonnec said, adding that Jumia completed 5 mn online food orders in 2020 in markets such as Morocco.<\/p>\n<p><strong>Food delivery is a hot business now in Egypt and the world: <\/strong>Last year alone saw <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b3c396d-a958-4703-b484-da0cdc8fccf1\">Otlob get bought by Delivery Hero<\/a> and rebranded as Talabat, while our friends at Elmenus <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2d93972d-5cc5-4245-bdf7-8a425a607272\">last month<\/a> landed an undisclosed investment from former Just Eat CEO David Buttress. Meanwhile, the Kuwaiti food tech startup Zyda <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/02112123-956c-4cd8-b527-1711531fc030\">launched in Egypt<\/a>, with plans to invest USD 2 mn. Demand for delivered meals and groceries has exploded worldwide amidst covid-19, with <a href=\"https:\/\/www.morganstanley.com\/ideas\/coronavirus-restaurant-trends\">Morgan Stanley<\/a> estimating the online food delivery market hit USD 45 bn in 2020 in the US alone.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jumia looks to capitalize on Uber Eats\u2019 Egypt exit: Jumia is planning to expand its food delivery service Jumia Food in Egypt as part of the company\u2019s Africa expansion, co-CEO Sacha Poignonnec tells Bloomberg this morning. Jumia is bullish on food delivery services in Egypt where there is a gap in the market following the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":564814,"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":[10036],"tags":[633,125,592,3386],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564813","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-investment-watch","tag-enterprisepm","tag-investment-watch","tag-jumia","tag-uber-eats","wpautop","entry"],"acf":{"mongo_id":"88046d38-28ad-4bad-a352-29ce397119a9","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/3\/385.jpg","photo_position":"above","related_issue":[564809],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Look out, Talabat and Elmenus. Jumia has come out to play - 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\/2021\/03\/01\/look-out-talabat-and-elmenus-jumia-has-come-out-to-play\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Look out, Talabat and Elmenus. Jumia has come out to play\" \/>\n<meta property=\"og:description\" content=\"Jumia looks to capitalize on Uber Eats\u2019 Egypt exit: Jumia is planning to expand its food delivery service Jumia Food in Egypt as part of the company\u2019s Africa expansion, co-CEO Sacha Poignonnec tells Bloomberg this morning. Jumia is bullish on food delivery services in Egypt where there is a gap in the market following the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/look-out-talabat-and-elmenus-jumia-has-come-out-to-play\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-01T14:20:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/385.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\/2021\/03\/01\/look-out-talabat-and-elmenus-jumia-has-come-out-to-play\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/look-out-talabat-and-elmenus-jumia-has-come-out-to-play\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Look out, Talabat and Elmenus. 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Safwat declined to reveal exactly what portion of the funds would be directed towards Egypt, but said that it is \u201cone of\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/180.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561907,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/elmenus-eyes-africa-expansion-by-the-end-of-the-year\/","url_meta":{"origin":564813,"position":1},"title":"Elmenus eyes Africa expansion by the end of the year","author":"enterpriseam admin","date":"26 April 2021","format":false,"excerpt":"Online food delivery platform Elmenus is planning to expand into new African markets by the end of the year, our friend Amir Allam, the company\u2019s founder and CEO, tells Al Mal. Elmenus has not yet identified target countries but the expansion would begin with countries that are demographically similar to\u2026","rel":"","context":"In &quot;Startup watch&quot;","block_context":{"text":"Startup watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/companies\/startup-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/264.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594049,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/jumia-to-launch-tech-hub-in-egypt-to-support-its-e-payments-system-jumia-pay\/","url_meta":{"origin":564813,"position":2},"title":"Jumia to launch tech hub in Egypt to support its e-payments system, Jumia Pay","author":"enterpriseam admin","date":"17 October 2019","format":false,"excerpt":"Nigeria-based e-commerce platform Jumia plans to launch a tech hub in Egypt to support its e-payments system Jumia Pay, Jumia Egypt CEO Hesham Safwat said, according to Egypt Today. The tech hub will train a team of developers and engineers to offer technical support so that online payments through Jumia\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636990,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/06\/knock-mart-partners-with-jumia-to-launch-online-groceries-portal\/","url_meta":{"origin":564813,"position":3},"title":"Knock Mart partners with Jumia to launch online groceries portal","author":"enterpriseam admin","date":"6 November 2017","format":false,"excerpt":"Online retailer Jumia Egypt and online grocery delivery specialist Knock Mart will launch together Jumia Fresh, an online groceries and household goods portal, Al Masry Al Youm reports. The partnership will allow the companies to offer fresh food products online and support SME partners, Knock Mart\u2019s CEO and founder Ahmed\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":582413,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/jumia-egypt-appoints-hisham-el-gabry-as-ceo\/","url_meta":{"origin":564813,"position":4},"title":"Jumia Egypt appoints Hisham El Gabry as CEO","author":"enterpriseam admin","date":"8 March 2023","format":false,"excerpt":"Jumia Egypt has appointed Hisham El Gabry (LinkedIn) its new CEO, the company said on Twitter. El Gabry has served as the e-commerce company\u2019s CCO since January 2022. Prior to joining Jumia, El Gabry was head of fashion at Amazon UK after spending more than a decade at Vodafone. He\u2026","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Hisham-Jumia-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":606246,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/13\/jumia-egypt-appoints-abdellatif-olama-as-ceo\/","url_meta":{"origin":564813,"position":5},"title":"Jumia Egypt appoints Abdellatif Olama as CEO","author":"enterpriseam admin","date":"13 September 2023","format":false,"excerpt":"Olama has been with the company for more than a year and has previously worked at Altibbi and Aprcot","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/894.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=564813"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/564813\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/564809"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/564814"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=564813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=564813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=564813"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=564813"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=564813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}