Talabat Expands with InstaShop Acquisition

Talabat Holding plc, a major player in the MENA on-demand delivery sector, has finalized its acquisition of InstaShop Ltd, a dominant online grocery delivery marketplace in the region. The acquisition, valued at USD 32 million, was funded through Talabat's internal resources. InstaShop will continue to operate as an independent brand within Talabat's Grocery and Retail segment, promising to bring operational efficiencies and enhanced technology integration across both platforms. This strategic move aims to bolster Talabat’s market position, with its pro forma Grocery and Retail GMV reaching over USD 2.5 billion in 2024. Talabat, which became a publicly listed company in December 2024, is set to leverage this acquisition to unlock new growth opportunities and set new benchmarks in the online grocery and retail market in the MENA region. InstaShop, established in 2015 and based in Dubai, has shown impressive financial performance with a GMV of USD 631 million in 2024, indicating substantial market strength. Both companies express enthusiasm for the synergies the acquisition will bring, enhancing customer experience and expanding their partner networks through shared operational expertise and technological advancements.