{"id":4697,"date":"2023-12-06T00:00:00","date_gmt":"2023-12-05T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=4697"},"modified":"2023-12-04T23:51:40","modified_gmt":"2023-12-04T15:51:40","slug":"daily-markup-888-retailo-bags-us15m-to-empower-retailers-and-restaurants-in-saudi-arabia-with-tools-for-greater-efficiency-at-scale","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=4697","title":{"rendered":"Daily Markup #888: Retailo bags US$15M to empower retailers and restaurants in Saudi Arabia with tools for greater efficiency at scale"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/wLgKMG-zYAb6lCa__nfHQljuEelnK_D72vt1ak9G6n5GqgPU1PFIahD-X-FjfkZ5iTHALw1Zol3qluFKsxKRHDVTr-0fwHEyg-c2vL4rIXMvxKYkmKxmbSjhilopBhew8AU3dtnPVA75DiCeJMGuCIE\" alt=\"\" \/><figcaption class=\"wp-element-caption\">Photo credit: Yahoo! Finance<\/figcaption><\/figure>\n\n\n\n<p><strong>Going far &amp; wide<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Congratulations to <a href=\"https:\/\/retailo.co\/\">Retailo<\/a> for bagging US$15M from new strategic investors, including a technology distribution partnership with Dtonic, a leading data solution company in South Korea!<\/li>\n\n\n\n<li>The 500-backed B2B digital distribution company aims to further strengthen their existing operations, expand into new verticals, and deepen its presence within the Kingdom of Saudi Arabia (KSA).<\/li>\n\n\n\n<li>Today, Retailo&#8217;s network comprises thousands of retail partners and restaurants in KSA and has 200+ leading local, regional, and global brand partners on their platform.<\/li>\n\n\n\n<li>The company\u2019s plug-and-play solution enables suppliers to distribute their products, leverage Retailo&#8217;s huge network of customers, and take advantage of their distribution muscle.<\/li>\n\n\n\n<li>With Dtonic, Retailo will also empower businesses to achieve efficiency and scale using their unique AI-powered retail technology.<\/li>\n\n\n\n<li>This is a significant step for retail in KSA, a US$100B industry that consists of over 100,000+ businesses that serve a population of more than 35 million consumers. Retailo aims to digitize and transform the retail supply chain and continue their growth here.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.linkedin.com\/in\/muhammad-talha-ansari\/?originalSubdomain=sa\">Talha Ansari<\/a>, Retailo&#8217;s Founder &amp; CEO, shared, &#8220;Since Retailo&#8217;s inception, our objective has been clear: to forge a seamless digital distribution network for every business. After three years of dedicated effort, we&#8217;re witnessing the evolution towards an all-digital distribution landscape, making Retailo a key player in shaping the future of the Saudi Retail Economy contributing to the Kingdom&#8217;s Vision 2030 initiatives.\u201d<\/li>\n\n\n\n<li>Read the full story <a href=\"https:\/\/bit.ly\/49TSXkN\">here<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Going far &amp; wide<\/p>\n","protected":false},"author":5,"featured_media":4698,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[363],"class_list":["post-4697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-retailo"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Daily Markup #888: Retailo bags US$15M to empower retailers and restaurants in Saudi Arabia with tools for greater efficiency at scale - Markup<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailymarkup.com\/?p=4697\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Daily Markup #888: Retailo bags US$15M to empower retailers and restaurants in Saudi Arabia with tools for greater efficiency at scale - Markup\" \/>\n<meta property=\"og:description\" content=\"Going far &amp; 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