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Tradeling

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Company Research Report: Tradeling



Company Overview



Name: Tradeling

Mission of the Company:
Tradeling aims to transform the B2B landscape in the MENA region by creating a unified platform that seamlessly connects business buyers and sellers worldwide. The company is dedicated to simplifying and streamlining the procurement process, empowering businesses to purchase with confidence and ease, saving both time and money.

Founded by: Details about founders are not available in the provided data. However, it is mentioned that Dubai Blink, the precursor to Tradeling, was announced by the Dubai Airport Freezone Authority (DAFZA) as part of the Dubai 10X initiative.

Key People in the Company:
  • Chairman: H.H. Sheikh Ahmed Bin Saeed Al Maktoum, Chairman of DAFZA.

  • Chief Executive Officer: Marius Ciavola (as of March 2021).

  • Former Key People: Muhammad Chbib, former CEO and start-up veteran, and Mohamed Meabed, Chief Technology Officer.

  • CFO: Harry Pappas, appointed in December 2021.

  • Board Member: Iyad Kamal, a logistics and supply chain expert, appointed in January 2022.


Headquarters: Dubai Airport Freezone (DAFZA), Building 9W - 5th floor, Dubai, UAE.

Number of Employees: No specific information is available.

Revenue: Tradeling recorded revenue growth of more than 35% month-on-month; specific figures are not available.

What the Company is Known For:
Tradeling is recognized as the largest B2B digital marketplace in the MENA region, focusing on business-to-business transactions. It serves as a crucial player in streamlining the purchasing process for both buyers and sellers, offering opportunities for business growth and operational efficiency.

Products



Products Offered:
Tradeling hosts a wide array of product categories, including:
  • Consumer Electronics

  • Food & Beverage

  • Office & Stationery

  • Home, Garden & Furniture

  • Baby Center Products


High-level Description of Product Offering:
Tradeling provides an integrated B2B marketplace platform that connects international suppliers with buyers in the MENA region. The offerings include a vast inventory of over 4.5 million products across 14 growing categories, meeting the diverse needs of businesses large and small.

Key Features of Each Product:
No specific key features for individual products are detailed in the data provided.

Recent Developments



Recent Developments in the Company:

1. Product and Partnership Innovations:
  • Tradeling launched Tradeling Pro, an AI-driven procurement solution.

  • Collaboration with Amazon Payment Services to enhance credit offering.

  • Partnership with Astrum for exclusive distribution in MENA.

  • Agreements with international entities like Al Etihad Credit Bureau, CCI France UAE, The Trade Council of Denmark, and Hutchison Ports Ajman to enhance global sourcing and credit facilities.


2. Operational Expansions:
  • Opened a second fulfillment center in the UAE.

  • Launch of its fulfillment center in Dubai to facilitate domestic and cross-border transactions.


3. New Product Launches and Services:
  • Tradeling now features a product selection almost reaching one million.

  • Introduced new credit facilities for SMEs to support liquidity and growth.


4. Leadership Appointments:
  • Appointment of Marius Ciavola as CEO in March 2021.

  • Addition of veteran leaders like Iyad Kamal to strengthen logistics and operations capabilities.


5. Strategic Alliances and Agreements:
  • Partnership with Mastercard to digitize SMEs in UAE.

  • Signing MoUs with various trade and credit organizations to expand sourcing networks and credit options.


New Features Added to Existing Products:
Specific new features added to individual products are not detailed in the provided data.

New Partnerships:
  • Noteworthy partnerships include collaborations with Amazon Payment Services, Astrum, Al Etihad Credit Bureau, CCI France UAE, The Trade Council of Denmark, and Hutchison Ports Ajman.


In summary, Tradeling is at the forefront of transforming the B2B marketplace in the MENA region, with strategic partnerships and innovations driving its growth and operations. The company continues to expand its reach, capabilities, and product offerings, solidifying its position as a leading player in the B2B e-commerce landscape.