{"id":41065,"date":"2025-03-05T01:38:15","date_gmt":"2025-03-04T22:38:15","guid":{"rendered":"https:\/\/entarabi.com\/?p=41065"},"modified":"2025-03-05T01:44:54","modified_gmt":"2025-03-04T22:44:54","slug":"ninja-express-delivery-in-talks-with-investors-to-raise-over-1-billion","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/03\/ninja-express-delivery-in-talks-with-investors-to-raise-over-1-billion\/","title":{"rendered":"Ninja Express Delivery in Talks with Investors to Raise Over $1 Billion"},"content":{"rendered":"<ul>\n<li dir=\"ltr\" style=\"text-align: left;\"><strong>Ninja\u2019s Investment Round Led by Riyad Capital<\/strong><\/li>\n<li dir=\"ltr\" style=\"text-align: left;\"><strong>Ninja Plans Initial Public Offering in 2027 Amid Strong Investor Interest<\/strong><\/li>\n<li dir=\"ltr\" style=\"text-align: left;\"><strong>&#8220;Ninja&#8221; Express Delivery Seeks Funding at Over $1 Billion Valuation<\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\" style=\"text-align: left;\">Saudi-based express delivery company &#8220;Ninja&#8221; is in talks with potential investors to secure new funding at a valuation exceeding $1 billion, according to sources familiar with the matter.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\">Investment Round Led by Riyad Capital<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\">Sources indicate that &#8220;Riyad Capital&#8221; is leading the investment round, which could be completed later this month.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">&#8220;Ninja&#8221; is also planning an initial public offering (IPO) by 2027, although the final decisions regarding its valuation and timeline have yet to be confirmed. Representatives from both &#8220;Ninja&#8221; and &#8220;Riyad Capital&#8221; declined to comment.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\">Growing Interest in Saudi Tech Startups<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\">This funding round highlights investors&#8217; increasing interest in tech startups, particularly those aiming for public listings on the Saudi stock exchange.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">The region has witnessed a surge in IPO activity, with companies like &#8220;Tabby&#8221; appointing investment banks for an upcoming listing and &#8220;Ejada Systems&#8221; preparing for an IPO at a valuation of up to $1.5 billion.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\">Ninja\u2019s Expansion and Services<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\">&#8220;Ninja&#8221; operates in several Gulf countries, including Saudi Arabia, Bahrain, Qatar, and Kuwait, offering fast delivery services for a variety of products such as groceries and pet food, according to its official website.<\/p>\n<h2 dir=\"ltr\" style=\"text-align: left;\">Riyad Capital\u2019s Role in Supporting Startups<\/h2>\n<p dir=\"ltr\" style=\"text-align: left;\">&#8220;Riyad Capital&#8221; is a key investor in emerging tech startups across the region, with a portfolio that includes companies such as &#8220;Foodics&#8221;, &#8220;Sure Global Tech&#8221;, and &#8220;Unifonic&#8221;.<\/p>\n<p dir=\"ltr\" style=\"text-align: left;\">In 2016, it launched the &#8220;Riyad Tech Fund&#8221;, one of Saudi Arabia\u2019s first venture capital funds, to support innovation and entrepreneurship in the technology sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi-based express delivery company &#8220;Ninja&#8221; is in talks with potential investors to secure new funding at a valuation exceeding $1 billion, according to sources familiar with the matter.<\/p>\n","protected":false},"author":11,"featured_media":41061,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1813,1810],"tags":[4315,7434,7435,7437,2665,7436],"class_list":["post-41065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-transportation","category-fintech","tag-foodics","tag-ninja","tag-riyad-capital","tag-riyad-tech-fund","tag-tabby-2","tag-unifonic"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=41065"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/41065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/41061"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=41065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=41065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=41065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}