Digital transformation specialist HOD doubles business in 2022 due to high demand for e-commerce in UAE

  • Date: 06-Dec-2022
  • Source: Zawya
  • Sector:Technology
  • Country:UAE
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Digital transformation specialist HOD doubles business in 2022 due to high demand for e-commerce in UAE

- About 85 percent of the UAE’s 665,246 registered businesses still carry out their businesses manually – through the physical channels and needs to go online to survive. Companies such as HOD are working relentlessly to make the businesses future-ready through digital transformation

- The total number of registered active businesses in the UAE rose 1.9 percent to 665,246 in July 2022, compared to 652,885 licences issued in December 2019;

- HOD – the Digital Partner for Growth – has grown business 100 percent in 2022, compared to 2021. Its number of employees doubled to 50 worldwide, up from 25 in 2021;

- HOD launched 7 e-commerce platforms and working on three more, while it has signed up relationship with 60 e-commerce partners that forms the e-commerce eco-system;

- The country's B2C Ecommerce Gross Merchandise Value will increase from US$22.5 billion in 2021 to reach US$51.4 billion by 2026.

Dubai: House of Digital (HOD), a Dubai-based digital transformation specialist, has announced the doubling of its business activities in 2022 due to high demand for digitalisation and e-commerce in the UAE.

Demand for digitalisation and e-commerce is expected to grow much faster in the coming days as more than 85 percent of the UAE’s 652,885 active businesses