Qatar’s tech startup Snoonu acquires Omani food delivery platform Akeed

Qatar’s tech startup Snoonu acquires Omani food delivery platform Akeed

Qatar’s leading tech startup Snoonu has acquired the Oman-based delivery platform Akeed for $10 million.

Snoonu said in a statement that the agreement to acquire Akeed will support Snoonu’s business objectives that aim to diversify and expand the company’s operations across the region.

‘This milestone is considered the first-ever achieved by a local tech startup in Qatar. It serves as a step propelling the rising company forward and bringing it closer to achieving its goal of becoming the first Qatari tech unicorn company,’ the company said.

Founded in 2019, Snoonu is a leading local delivery app, that enables users to order anything, including food, grocery, electronics, clothes, and other merchandise.

Hamad Mubarak al Hajri

CEO – Snoonu “Our acquisition of Akeed was a decision made based on the company’s stellar reputation as one of the leading food delivery platforms in our sisterly Sultanate of Oman. Akeed’s wide network of restaurants and grocery stores will enable us to establish a solid foothold in the Omani market as our initial step towards an expanded regional presence and involvement. This amazing milestone is quite exciting for us because it reinforces our efforts toward becoming Qatar’s first-ever tech unicorn. We owe it to the country and its visionary leadership