Company Research Report: Digital Mobility Solutions (DMS)

Company Overview

• Name: Digital Mobility Solutions (DMS)

• Mission: Being the leading venture builder in mobility to make it sustainable, seamless, and smart.

• Vision: Inventing and investing in entrepreneurial minds to establish leading digital mobility ventures.

• Founded: There is no specific founding date provided, but DMS evolved as a product of SAPTCO’s strategic vision to transform the digital mobility space.

• Key People:

• Chairman of the Board: HE. Khaled Al Mudaifer (Vice Minister of Mining Affairs, Ministry of Industry and Mineral Resources)

• Vice Chairman: Khalid Al Hogail (Group CEO SAPTCO & President UITP)

• Board Member & CEO of DMS: Ahmed Al Johani

• Board Member: Faris Al Rashed (Chairman of the board at Derayah VC)

• Board Member: Abdullah Al Saleh (Assistant Deputy Minister for Planning and Development at Ministry of Commerce)

• Board Member: Waleed Al Ballaa (Venture Capital Investor, Sukna Ventures)

• Headquarters: 7487 Said Bin Zaid, Qurtubah Dest, P.O 13245, Riyadh, Saudi Arabia

• Number of Employees: No information is available

• Revenue: No information is available

• Known For: DMS is recognized as a leader in building mobility ventures in the MENA region, focusing on digital transportation and logistics services.

Products

• Rekab Solutions Company

• Description: Digital app for on-demand, shared ride services.

• Key Features: Affordable prices, reliable riding experience, reduces traffic congestion, and environmentally friendly operations with SAPTCO support for scalability.

• eJourney

• Description: Comprehensive platform for umrah and tourism experiences.

• Key Features: Curated packages for Makkah and Medina, building strong ties with local ministries, and equipped with operational capabilities for a positive travel experience.

• FinUp

• Description: Online platform for instant logistics financing.

• Key Features: Shariah-compliant financing, no long-term contracts, access to SAPTCO-supported markets and operational setups.

• fastmile

• Description: B2B 3PL Express mid-mile delivery service.

• Key Features: Online operations, delivery transparency, technical support from SAPTCO distributed team.

• merapp

• Description: Car repair and servicing digital platform.

• Key Features: Trusted workshops, digital payment and invoicing, SAPTCO-backed qualified mechanics.

Recent Developments

• New Headquarters: In January 2023, DMS inaugurated a new headquarters in Riyadh.

• Smart Logistics Infrastructure: Continuous emphasis on efficiency and innovation in logistics, with a focus on supporting the burgeoning e-commerce market in Saudi Arabia.

• Sustainable Transportation Initiatives: Aligning with Saudi Vision 2030 for transportation diversification, enhancing public transit, and promoting environmentally sustainable transport modes.

• Investment Engagement: Active attraction of local and international investors in fields of transportation, logistics, and mobility, cementing its role as a front-runner in the digital mobility scene.

• Partnerships: Rekab Solutions maintains strong partnerships with local transport authorities, projecting growth to 320k seats per day by 2025.

This report encapsulates the transformative vision, strategic positioning, and operational details of Digital Mobility Solutions in its pursuit to revolutionize mobility solutions within the MENA region and beyond.