M&A Deal Summary

Talabat.com Acquires Q8flowers.com

On March 18, 2016, Talabat.com acquired e-commerce company Q8flowers.com for 3M USD

Acquisition Highlights
  • This is Talabat.com’s 1st transaction in the E-Commerce sector.
  • This is Talabat.com’s largest (disclosed) transaction.
  • This is Talabat.com’s 1st transaction in Kuwait.

M&A Deal Summary
Date 2016-03-18
Target Q8flowers.com
Sector E-Commerce
Buyer(s) Talabat.com
Deal Type Add-on Acquisition
Deal Value 3M USD

Target

Q8flowers.com

Safat, Kuwait
Q8flowers.com is a floral and gift retailer and distribution company.

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Buyer(S) 1

Buyer

Talabat.com

Kuwait
Category Company
Founded 2004
Sector Internet Software and Services
DESCRIPTION

Talabat.com is a provider of web and mobile application to order food online.

DEAL STATS #
Overall 1 of 2
Sector (E-Commerce) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Kuwait) 1 of 1
Year (2016) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-04 Zomato Media Pvt - Food Delivery Business

United Arab Emirates

Zomato Media Pvt Ltd. - Food Delivery Business provides online food ordering and delivery services in the United Arab Emirates (UAE).

Buy -
Mergr

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