Zoho grows 10x over 5 years in the UAE since starting operations

Zoho grows 10x over 5 years in the UAE since starting operations

Dubai — Zoho, a global technology company, announced that in the five years since starting its operations in the UAE, which serves as its Middle East and Africa headquarters, the company has grown 10 times in the country, with a 5-year CAGR of 60%. On the sidelines of Zoholics Dubai, the annual user conference of the company, Zoho's CEO and Co-founder, Sridhar Vembu, also announced investment of AED 100 million for expansion in the country.

In 2022, Zoho grew by 45% in the UAE, which was the second-highest growing country globally. It has also doubled its employee base in the UAE as well as across the MEA region in the past year, by hiring locally as per its 'transnational localism' policy of being locally rooted while staying globally connected. The partner network in the country grew by 50% in 2022, helping Zoho serve its customers better.

"As part of our transnational localism strategy, when we expand into a region, we want to give back to the local community and be rooted in the local culture as we grow," said Sridhar Vembu. "Over the past five years, we have invested in local hiring, growing our partner network, adding Arabic support in our products,