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Experience The Future Of Tech Ecosystems At IDC Alliance
Tech visionaries and leaders will converge to take part in the second annual event of its kind in the UAE, November 22-23.
International Data Corporation (IDC), a global leader in ICT market intelligence and advisory services, has unveiled an ecosystem-focused event series that will see a convergence of tech visionaries, disruptors, and leaders join its IDC Alliance expo in the United Arab Emirates on November 22-23.
IDC’s research suggests that 70% of vendors will adopt a “customer-led ecosystem orchestration strategy by 2025”. Organizers of the IDC Alliance aim to revolutionize the way technology businesses collaborate, helping to drive innovation and transform their strategies.
“With the expansion of this year’s IDC Alliance, we’re excited to introduce two exceptional platforms where the brightest minds in technology will converge to drive innovation, collaboration, and progress,” said Jyoti Lalchandani, IDC’s group vice president and regional managing director for the Middle East, Turkey, and Africa.
2023’s IDC Alliance will gather some of the tech landscape’s most influential thought leaders at one event, hosting a series of talks and conferences that bridge the gap between tech innovators, start-ups, cloud specialists, distributors, and enterprise CIOs. The platform will be a place for innovative ideas, insights, and plenty of networking opportunities.
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The expo’s agenda will be packed with thought-provoking panel discussions covering various industry trends, challenges, and opportunities, with topics including:
- The Evolving Role of the CIO and Understanding the Buyer Journey
- Talent Management: Growing and Grooming Local Tech Talent
- Building and Leveraging Cloud Partner Ecosystems
- Driving Competitive Advantage Through Cyber-Risk Assessments
- Becoming AI Ready: Transforming Businesses for the Future
- Industrial Automation and OT Convergence: Delivering Value and Trust
Join the packed roadster of industry leaders at IDC Alliance at the Mövenpick Resort, Al Marjan Island, UAE, November 22-23.
News
Rabbit Expands Hyperlocal Delivery Service In Saudi Arabia
The e-commerce startup is aiming to tap into the Kingdom’s underdeveloped e-grocery sector with a tech-first, locally rooted strategy.
Rabbit, an Egyptian-born hyperlocal e-commerce startup, is expanding into the Saudi Arabian market, setting its sights on delivering 20 million items across major cities by 2026.
The company, founded in 2021, is already operational in the Kingdom, with its regional headquarters now open in Riyadh and an established network of strategically located fulfillment centers — commonly known as “dark stores” — across the capital.
The timing is strategic: Saudi Arabia’s online grocery transactions currently sit at 1.3%, notably behind the UAE (5.3%) and the United States (4.8%). With the Kingdom’s food and grocery market estimated at $60 billion, even a modest increase in online adoption could create a multi-billion-dollar opportunity.
Rabbit also sees a clear alignment between its business goals and Saudi Arabia’s Vision 2030, which aims to boost retail sector innovation, support small and medium-sized enterprises, attract foreign investment, and develop a robust digital economy.
The company’s e-commerce model is based on speed and efficiency. Delivery of anything from groceries and snacks to cosmetics and household staples is promised in 20 minutes or less, facilitated by a tightly optimized logistics system — a crucial component in a sector where profit margins and delivery expectations are razor-thin.
Despite the challenges, Rabbit has already found its stride in Egypt. In just over three years, the app has been used by 1.4 million customers to deliver more than 40 million items. Revenue has surged, growing more than eightfold in the past two years alone.
Also Read: Top E-Commerce Websites In The Middle East In 2025
CEO and Co-Founder Ahmad Yousry commented: “We are delighted to announce Rabbit’s expansion into the Kingdom. We pride ourselves on being a hyperlocal company, bringing our bleeding-edge tech and experience to transform the grocery shopping experience for Saudi households, and delivering the best products – especially local favorites, in just 20 minutes”.
The company’s growth strategy avoids the pitfalls of over-reliance on aggressive discounting. Instead, Rabbit leans on operational efficiency, customer retention, and smart scaling. The approach is paying off, having already attracted major investment from the likes of Lorax Capital Partners, Global Ventures, Raed Ventures, and Beltone Venture Capital, alongside earlier investors such as Global Founders Capital, Goodwater Capital, and Hub71.
Rabbit Expands Hyperlocal Delivery Service In Saudi Arabia
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