GoBazzar, a new price comparison and marketplace for eCommerce which operates from Dubai, is scheduled to go live on 20th October 2020 in the UAE, the company said in a statement.
Mahmoud Akrin, GoBazzar’s founder and chief executive, said the platform aims to provide customers with access to a wide variety of international and local shopping sites.
“This will not only expose the consumer to more products and services but also give smaller eCommerce players an equal opportunity to compete in the digital marketplace,” he added.
In the major categories, including electronics, fashion, home appliances and personal care, there will be more than one million items, the company said. A price comparison and analysis of various products will be provided by the site.
Amazon, Noon, Jumbo, FirstCry, Sprii, SharafDG, Mumzworld, CarrefourUAE, Eros Digital Home and Virgin Mega Store are some of the e-retailers that will be featured on GoBazzar. On a monthly basis, it will be introducing more retailers.
GoBazzar is specifically designed to enable online shoppers to purchase the best items at the most affordable prices. According to Mahmoud, this is in line with the vision of the organization to be an unbiased and reliable price comparison platform that customers can always rely on when products and prices need to be compared.
Thousands of honest product and store reviews, up-to-date pricing, as well as being able to compare items head-to-head, would also help online shoppers, offering shoppers an ability to make well-informed buying decisions.
Rising Market
The COVID-19 pandemic and associated restrictions on travel have contributed to a change in shopping habits worldwide and also in MENA, with customers turning to the internet.
In June, a report by Visa, Dubai Police and Dubai Economy found that since the coronavirus outbreak started, 68 percent of respondents in the UAE have shopped less at physical shops, while 49 percent have shopped more online.
According to a report by consultancy Kearney, the GCC’s eCommerce market is expected to more than double to $50 billion in the next five years overall, from $24 billion this year.
According to the report, approximately 36 per cent of UAE SMEs have already invested in planning for a post-pandemic future that supports online operations.
“As the current online shopping dynamics continue to change, we are positioning GoBazzar as the go-to eCommerce portal where online shoppers in the region can be guaranteed hot deals, competitive pricing and an enhanced, safe online shopping experience,” Mr Mahmoud said.