Gooo Delivery, an on-demand delivery startup based in Egypt, has closed an unknown amount of pre-Seed funding. Gooo intends to use the funds to improve its technical capabilities, expand its offerings, and grow its business.
The Middle East and North Africa region is witnessing a growth in the on-demand delivery services applications domain with revenues reaching $9 billion last March. Last year, the Egyptian market grew by 8% to $2.5 billion. The Gooo team sees the rise of on-demand delivery services as a chance to flourish and gain a competitive advantage.
Gooo, founded by Yasser Hassan in 2020, provides point-to-point delivery services via an app that allows users to order meals, medication, and groceries in a number of Egyptian cities, including Cairo, Giza, and Tanta.
Eng. Yasser Hassan the co-founder and CEO of Gooo said, “There is fierce competition in the domain of order delivery, yet we know that Gooo has more to offer than just food delivery, we deliver groceries, vegetables and much more”
“Gooo” offers services in Cairo, Giza and Tanta and is working on expanding its presence in Egypt and the Middle East region. The startup also seeks to develop its technical capabilities and work to update and develop its services and expand the business.
Yasser Hassan concluded by saying, “Gooo has a great understanding of the local market, and that’s why our platform development is different. The success factors for the current stage are the development of our technical capabilities, team development and integration, to leverage more on the client trust we gained so far and reach our target goals.”