Latest news with #Instashop
Hi Dubai
12-03-2025
- Business
- Hi Dubai
Instashop Enables Users to Donate to Fathers' Endowment Campaign Via App
Instashop, the leading online marketplace in the UAE, has announced its partnership with the Fathers' Endowment campaign, launched by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai. The campaign, coinciding with Ramadan, aims to honor fathers in the UAE by establishing a sustainable endowment fund to provide healthcare and treatment to those in need. Instashop users can contribute to this noble cause by easily donating through the Instashop app, available on both Google Play and the Apple App Store. Donations can be made in amounts ranging from AED 10 to AED 500, offering a seamless and accessible way for users to support the campaign. Nikola Cabarkapa, CEO of Instashop, expressed his enthusiasm about the collaboration, stating, 'Our participation in the Fathers' Endowment campaign reflects our commitment to supporting community initiatives that align with the UAE's culture of generosity. We are honored to be part of this vital effort to provide sustainable healthcare to the less fortunate.' The campaign continues to welcome donations through multiple platforms, including the campaign website ( a toll-free number (800 4999), and bank transfers to Emirates Islamic Bank (IBAN: AE020340003518492868201). Additionally, SMS donations are available for Etisalat and du users, with amounts starting from AED 10 up to AED 500. Other donation options include the DubaiNow app and Jood ( Dubai's community contributions platform. Instashop's user-friendly app provides a simple yet impactful way for the community to make a lasting difference in the lives of those in need during this blessed month of Ramadan. News Source: Emirates News Agency
ARN News Center
06-03-2025
- Business
- ARN News Center
Talabat acquires Instashop for $32 million
UAE-based delivery platform Talabat has acquired Instashop for $32 million (AED 117 million), an online grocery delivery marketplace, it was announced on Thursday. Talabat Holding acquired 100 per cent of Instashop's share capital from Delivery Hero SE, increasing its pro forma Grocery and Retail GMV for 2024 surpasses to more than $2.5 billion (AED 9 billion). In 2024, instashop achieved strong growth, reaching $631 million (AED 2.3 trillion) in GMV, a 16 per cent increase from $545 million (AED 2 trillion) in the prior year and equivalent to eight per cent of Talabat's 2024 GMV, with positive and improving EBITDA margins. This consistent performance highlights Instashop's market strength and aligns with Talabat's strategy for accelerated expansion into Grocery and Retail. The Chief Executive Officer of talabat,Tomaso Rodriguez, said: 'By integrating Instashop's innovative platform into our operations, we aim to create a more seamless and efficient delivery experience for our customers across the UAE and Egypt whilst also driving further product and technology synergies across our business. Together, we will unlock new opportunities for growth and innovation, setting a new standard in the online grocery and retail sector." The Chief Executive Officer of Instashop, Nikola Cabarkapa, commented: 'Joining forces with talabat marks an exciting new chapter for Instashop. We have always been dedicated to connecting our users with their favorite local stores, and now, with Talabat's support, we can amplify our impact even further. "The partnership will enable us to leverage Talabat's extensive network and operational expertise, allowing us to enhance our service delivery and continue our mission of providing exceptional convenience to our customers. We are excited about the significant customer and partner benefits this collaboration will bring and look forward to a successful journey ahead." Instashop will continue to operate as an independent brand within Talabat's Grocery and Retail vertical.
