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Egyptian Gazette
Home Technology

“Gooo Delivery” brings Egypt’s entire food delivery market to $2.5 billion

by Gazette Staff
May 30, 2022
in Technology
"Gooo Delivery" brings Egypt's entire food delivery market to $2.5 billion 1 - Egyptian Gazette
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The Middle East and North Africa region is witnessing a growth in on-demand delivery services applications domain with revenues reaching $9 billion last March.

In Egypt this market made a growth of 8 per cent last year to reach $2.5 billion.

Gooo is a company specialised in technical solutions for on-demand delivery services in Egypt, It has successfully closed a pre-seed investment round with investors, as part of the company’s efforts to close a $5 million investments to expand its business in Egypt.

Gooo offers point to point delivery services through mobile applications which are available on Android, iOS app stores in addition to Huawei app store.

The app enables users to order food, medications, grocery from partners’ stores.

When the order is ready, ‘Gooo Runners’ will go to the store, pick up the items and deliver them to the clients.

“Gooo” company was established in 2020 in Egypt, with a vision to become a regional player.

During the past period they succeeded in building an amazing user experience that enabled them to attract 100,000 users in the first 6 months of operation.

Gooo is working now on expanding its presence in Egypt and the Middle East region.

You can view more details about the app from https://goooapp.com.

"Gooo Delivery" brings Egypt's entire food delivery market to $2.5 billion 3 - Egyptian Gazette

“Gooo” team views the growth in on-demand delivery services as an opportunity to succeed and build more competitive advantages, as it gained the trust and satisfaction of users during the past two years, through contracting with and building relationships with its partners.

Gooo also succeeded in increasing the number of customers benefiting from the app services at a rate of 20 per cent per month and in a growth rate of 15 per cent per month from stores, super markets and restaurants.

“Gooo” has a multi discipline team with diverse business & technical experience, in addition to 3000 delivery men.

“Gooo” offers service in Cairo, Giza and Tanta.

Notable that “Gooo” stared operation in Egypt, aiming to reach the most needing parts first and this is a key differentiator for “Gooo”.

Now “Gooo” seeks to develop its technical capabilities, and work to update and develop its services to raise the level of satisfaction of its customers and to expand the business.

“Gooo” management team is not just focused on technology; they believe in the human factor and know that the team is the key to success, that’s why the expansion plan includes 10,000 job opportunities.

Eng. “Yasser Hassan” the co-founder and CEO of “Gooo” said: “There is fierce competition in the domain of order delivery, yet we know that “Gooo” has more to offer than just food delivery, we deliver groceries, vegetables and much more”

““Gooo” has great understanding of the local market, and that’s why our platform development is different.”

“The success factors for the current stage are the development of our technical capabilities, team development and integration, to leverage more on the client trust we gained so far and reach out target goals.”, Hassan added.

 

Tags: deliveryEgyptGooo Deliverymarket

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