Tradeling’s revenue grows by record 35% month on month

  • Date: 23-May-2022
  • Source: The Gulf Time
  • Sector:Economy
  • Country:UAE
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Tradeling’s revenue grows by record 35% month on month

The global pandemic, combined with the accelerated adoption of digital technologies, has driven significant shifts in B2B e-commerce and the retail sector in Dubai, leading to the city reinforcing its position as a leading regional and global trading and commercial hub.

The shifts are exemplified by a new trading trend that has emerged among companies in the Dubai Integrated Economic Zones (DIEZ) as part of which businesses are partnering with third-party logistics providers to streamline their supply chain processes and sell their products to customers. A new business-to-business-to-customer (B2B2C) model is seeing entrepreneurs increasingly bulk buying products and re-selling them across different direct-to-consumer channels, giving them generous profit margins and ease of operations.

The new trends have been accelerated by proactive initiatives implemented by Dubai and the UAE to promote the rapid adoption of digital solutions. Furthermore, with newly updated business laws and regulations, it is now easier for businesses to conduct e-commerce in the country.

New studies reveal how unprecedented challenges brought by the global pandemic together with rapid digitisation has driven the growth of business-to-business (B2B) e-commerce.

According to the studies, 82% of companies intend to increase the use of B2B e-commerce and 86% of businesses feel technology is the sector that