Zid Holding

Zid Holding, based in Saudi Arabia, offers innovative e-commerce solutions to help businesses establish and manage online stores efficiently, catering to a diverse clientele across the Middle East and North Africa. Founded in 2017 and headquartered in Riyadh, Saudi Arabia, Zid Holding specializes in e-commerce solutions. The company has completed a total of 3 deals, with the most recent deal occurring on October 17, 2022. Zid secured USD 50.

00 mn in Series B funding led by IMPACT46, with participation from several other investors. The founders include H AlAsmi and Mazen AlDarrab, and the current CEO is Ghassan Kelani. Zid offers a comprehensive suite of e-commerce solutions designed to empower businesses in establishing and managing their online stores with ease. Core offerings include an online store builder, payment processing solutions, logistics management, and marketing tools, catering to ambitious entrepreneurs and small retailers as well as larger enterprises looking to enhance their online presence.

The platform supports businesses across multiple geographical markets in the Middle East and North Africa, providing features that facilitate secure payment transactions, global shipping options, and flexible financing solutions. Zid generates revenue primarily through a combination of subscription models and transaction-based fees associated with its e-commerce services. Clients subscribe to various pricing plans that grant access to features such as store creation, payment gateways, and operational management tools. Direct-to-consumer sales are enabled through Zid’s secure payment systems, and the revenue structure may also include partnerships with logistics providers to manage shipping efficiently.

Additional revenue streams may come from premium marketing tools and enhanced analytics capabilities that support businesses in optimizing their sales performance. Following its Series B funding round on October 17, 2022, where Zid Holding raised USD 50. 00 mn, the company plans to use the funding to expand into new retail verticals and enhance automation in its solutions. Zid aims to broaden its market presence both inside and outside Saudi Arabia.