Kuwait-based JustClean announces expansion plans for GCC and wider region

Kuwait-based JustClean has revealed expansion plans for the GCC and further afield.

Established three years ago by Kuwaiti brothers Athbi and Nouri Al-Enezi, JustCean has signed up more than 100 laundry businesses in the UAE since its marketplace app was introduced to the country in 2018.

Athbi Al-Enezi said: β€œWe’re looking to sign up at least ten more laundries in the UAE each month for the rest of the year and into 2020 as we expand our logistics operation in Dubai, Abu Dhabi, Al Ain, Sharjah, Ajman and Ras Al Khaimah.



β€œWe’re going to be doubling the size of our fleet of delivery vans and drivers by the end of the year, and we’re following a similar pattern of growth in Kuwait, Bahrain and Saudi Arabia, as well as expanding to markets beyond the GCC.”

Currently operating in the UAE, Kuwait, Bahrain and the Eastern Province of Saudi Arabia, JustClean will open for business in Jeddah and Riyadh before the end of the year, with entry into other international markets to follow early next year.

Nouri Al-Enezi said: β€œThe company is three businesses in one, namely a marketplace application, a logistics operation as well as a SaaS (software as a service) business. We’re upgrading what is basically a large and underdeveloped sector through the integration of technology into the daily lives of consumers

β€œThe laundry business in the GCC regionally is currently worth roughly $3 billion, with an annual growth of 9 percent, and it will develop substantially in the next five years. We feel the entire industry will eventually end up online.”

Just a year after its launch the company attracted investment by Faith Capital Holding, the Kuwait-based venture capital fund, whose deputy chairman and CEO, Mohammad Jaffar, was installed as CEO of the start-up.

In February 2019 Faith Capital announced it had closed an $8 million Series A round of financing in the company, enabling its growth across the GCC region, while also expanding the logistics and SaaS (software as a service) arms of the business.

Just a year after its launch the company attracted investment by Faith Capital Holding, the Kuwait-based venture capital fund, whose deputy chairman and CEO, Mohammad Jaffar, was installed as CEO of the start-up.

In February 2019 Faith Capital announced it had closed an $8 million Series A round of financing in the company, enabling its growth across the GCC region, while also expanding the logistics and SaaS arms of the business.

Source:Β arabianbusiness



DAMPA MIDDLE EAST
A great way to celebrate this Eid,

So head over everyone!!! Friends & the rest of the family to enjoy the diverse selection of sumptuous FILIPINO & seafood dishes.

Kuwait city, Panasoic tower, Mezzanine floor, beside KFC.




 

 

 

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