News Tuesday 10th December 2024

OC&C Strategy Consultants and Redseer Strategy Consultants Advise Talabat for its IPO Debut on Dubai Financial Market (DFM)

We’re proud to congratulate Talabat on its successful listing on the Dubai Financial Market. This milestone marks the largest global technology IPO in 2024 and the largest IPO in the Middle East & North Africa this year. It is also among the top ten global IPOs this year.

Post-listing, parent company Delivery Hero retains an 80% majority stake in Talabat.

In collaboration with our strategic partner, RedSeer – India’s largest consumer-focused consulting firm – we leveraged our combined expertise to deliver compelling market and industry reports to support Talabat’s successful IPO.

Talabat, MENA’s leading on-demand delivery platform, serves over 6 million monthly active customers across 8 countries, with an addressable population of over 71 million.

Its online marketplace provides a convenient, personalised way to order food, groceries, and other essentials from a diverse range of restaurant and retail partners.

Talabat has been a cornerstone of MENA’s tech ecosystem, and its IPO represents a significant moment in the region’s technological evolution.

In this exciting new phase, we look forward to seeing Talabat continue to deliver more growth and convenient customer offerings across the region.

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OC&C is a leading global strategy consultancy, with deep expertise in the Retail, Grocery and TMT sectors, working with both major global corporations and local champions. In private equity, we have commercially advised on more than 500 successful transactions over the last 5 years, encompassing sell-side and buy-side roles.

How we can help:

  • We provide commercial due diligence and vendor due diligence for transactions.
  • We assist investors with accelerating or improving their portfolio companies’ performance.
  • We help investors identify potential investment themes or assets to target.
  • We can translate clients investment thesis into an actionable 3-5 year value creation plan.

For more details on our experience in this space get in touch with our experts at [email protected] and [email protected]

Key Contacts

Alex Birch

Alex Birch

Partner

Tim Cook

Tim Cook

Partner

Sandeep Ganediwalla

Sandeep Ganediwalla

Partner, Redseer

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