Egyptian Q-Commerce Startup Rabbit Secures Funding for Saudi Arabian Expansion
- Rabbit has announced a new funding round to support its expansion into Saudi Arabia.
- The investment is led by existing investors and Gulf-based venture capital firms.
- Rabbit plans to enter Riyadh and Jeddah, two of Saudi Arabia's fastest-growing urban hubs.
Rabbit's strategic expansion into Saudi Arabia is a promising move that capitalizes on the growing demand for quick-commerce services in the region. By localizing its operations and tailoring its offerings to meet the needs of Saudi consumers, Rabbit is well-positioned to establish a strong foothold in a competitive market. This expansion not only highlights the potential for Egyptian startups in the MENA region but also reflects the increasing integration of regional startup ecosystems.
