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Saudi Jahez Acquires The Chefz for $172.9 million
Saudi Arabia-based food delivery app Jahez has fully acquired The Chefz, a Saudi Arabia-based dessert delivery platform for $172.9 million. Earlier this year, Jahez, founded by Ghassab Al Mandel in 2016, was listed on the Saudi Exchange’s Parallel Market (Nomu), with a market capitalisation of $2.4 billion. Once the acquisition is completed, the share capital […]