UAE’s Yallahub introduces cosmetics brand Librederm on its marketplace

  • Date: 01-Mar-2024
  • Source: GCC Business News
  • Sector:Technology
  • Country:UAE
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UAE’s Yallahub introduces cosmetics brand Librederm on its marketplace

YallaHub has partnered with Librederm, an international cosmetics company, to revolutionize the MENA eCommerce market in skincare and wellness. This strategic partnership with YallaHub will unlock a tremendous growth trajectory for Librederm. In just six months, the Russia-based Librederm is expected to achieve a monthly turnover of $8168, followed by a staggering $34,033 within the […]YallaHub has partnered with Librederm, an international cosmetics company, to revolutionize the MENA eCommerce market in skincare and wellness.

This strategic partnership with YallaHub will unlock a tremendous growth trajectory for Librederm. In just six months, the Russia-based Librederm is expected to achieve a monthly turnover of $8168, followed by a staggering $34,033 within the next year, all while focusing solely on the UAE market. 

Current data indicates that the UAE cosmetic market will grow at a compound annual growth rate (CAGR) of 5.8 percent from 2022 to 2030, increasing from $180.5 million to $283.3 million.

Librederm’s success in the UAE will pave the way for further expansion into other aggregators and marketplaces in Saudi Arabia and Qatar. The brand is also exploring international delivery options to reach a global audience seeking effective and affordable skincare solutions.

Leo DovbenkoCEO & Co-FounderYallaHub

“The growth of cosmetic brands that entered the market