Cairo - Mubasher: Gooo Delivery, an Egypt-based on-demand delivery startup, has closed a pre-SEED round to extend its services in Egypt and the Middle East.
Founded in 2020, the startup provides users with point-to-point delivery services through mobile applications to order food, medications, and groceries from a number of partner stores, according to a press release on Thursday.
In March 2022, MENA's on-demand delivery services applications sector recorded growth, with revenues amounting to $9 billion.
Egypt has witnessed an 8% increase in this market to $2.5 billion in 2021.
The Co-Founder and CEO of Gooo, Yasser Hassan, said: "There is fierce competition in the domain of order delivery, yet we know that Gooo has more to offer than just food delivery, we deliver groceries, vegetables and much more."
Meanwhile, Hassan added: "The success factors for the current stage are the development of our technical capabilities, team development, and integration, to leverage more on the client trust we gained so far and reach our target goals."
