Snoonu, a leading technology company in Qatar, has announced the acquisition of Omani delivery platform Akeed for $10mn.
This was announced during the Snoonu Gala held at Sheraton Doha yesterday. This acquisition is the first of its kind for Snoonu outside Qatar, as it expands in the Omani market. It’s a step that strengthens the position of Snoonu, and will also support Snoonu’s business objectives aimed at diversifying and expanding the company’s operations across the region.
The function was attended by members of the management of both companies. Hamad Mubarak al-Hajri, CEO and co-founder of Snoonu, said the acquisition was a decision they took based on Akeed’s excellent reputation as one of the leading food delivery platforms in Oman.
Akeed CEO Gaurav Anil Nahar said the company is pleased to conclude this agreement with Snoonu. “We look forward to a future vision that brings us in the Sultanate of Oman the latest in e-commerce and the logistics sector,” he added.