UAE-based Lyve acquires Jeebly to strengthen its e-commerce presence – Arabian Business

UAE-based Lyve acquires Jeebly to strengthen its e-commerce presence – Arabian Business

UAE-based business-to-business logistics provider Lyve Global has acquired a majority stake in Jeebly, a last-mile logistics provider as part of their investment strategy to expand their offerings and market reach.

With more than 500 key global and regional brands across multiple industries, Lyve sets to accelerate their growth across their cloud-based food platforms and services across e-commerce, beverage, grocery and healthcare brands through this strategic investment.

“In less than 12 months we have concluded 4 acquisitions. We have ambitious plans for the coming two years with total investment value reaching over $150 million,” Nader Museitif (below), chief investment officer at Lyve said.