Toyit launches in Dubai’s in5 Tech hub

  • Date: 23-Sep-2020
  • Source: Zawya
  • Sector:Retail
  • Country:UAE
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Toyit launches in Dubai’s in5 Tech hub

A new online classifieds platform for unwanted children's toys, books, clothes, gear and accessories, Toyit, has been officially launched in Dubai. This will help parents to sell, exchange, give away, or donate to charities lightly used items or unwanted gifts easily, conveniently, and securely. This is the first specialised classifieds platform of its kind set up in the UAE and headquartered in in5 Hub, a Dubai-based enabling platform for entrepreneurs and start-ups in the technology, design and media industries. Parents in the UAE are expected to spend an estimated $1.1 billion on children's toys, games, and video games this year, or one third of the Middle East's market overall, valued at just under $4 billion. By 2023, they are expected to spend on their children's clothes $1 billion, according to Dubai Chamber