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Zofeur Logo

Zofeur

United Arab Emirates

Sector Logistics
Employee Count 11-25
Is Incorporated? No
Foundation Date November 1, 2021

Description


Investments



Competitive Advantage

The on-demand industry will reach a value of close to $335Bn by 2025 according to a report shared by PwC. Customers are willing to pay for convenience in general, Zofeur provides customers with an on-demand helping hand which in turn helps them save time and money amounting to 40 hours a year at Zero additional cost. We are approaching a total market of $16.5 Bn in UAE, KSA, and Turkey consisting of 34Mn cars which are growing by 14% every year, and targeting to achieve a 3% market share using our first mover advantage in the region resulting in YOY gross revenue of $500Mn.


Detailed Info

Revenue Model Description

Fee for service: 20/80