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Cobone announces Saudi expansion

Riyadh, April 17, 2011

Cobone.com, a leading online shopping brand, said it has kicked off its operations in  Saudi Arabia with a range of 'exciting' shopping offers.

Cobone.com will offer Saudi residents one of the most fun, social and innovative ways to shop online, and the chance to make the most out of their city, said a senior official.

“Cobone’s expansion to Saudi is yet another milestone in our growth as the leading regional online brand,” remarked Paul Kenny, founder and CEO of Cobone.

“We are excited to be able to extend our services to Saudi Arabia and we have a lot of exciting plans that we can’t wait to share with our Saudi customers,” Kenny explained.

A company majority-owned by Jabbar Internet Group, the region’s leader in e-commerce ventures, Cobone.com provides enormous savings on the best hotels, goods, restaurants, spas and more across the Middle East.

A different offer appears each day, allowing members to take advantage of the most sought-after services for at least half the usual price, said Kenny.

The web-based business model uses the power of group purchasing to bring the best goods and services at discounts of 50 to 90 per cent. A certain number of people must participate in each offer before the deal can be activated.

“With one of the region’s highest internet penetrations and users, Saudi Arabia is ideally placed to benefit from the unique deals offered by Cobone.com,” said Thamer Bamieh, country manager for Cobone.com in Saudi.

“We want to support local businesses by increasing their exposure through this innovative way to shop. Cobone.com has already been so successful in surrounding countries and we are looking forward to bringing the best deals locally,' he added.-TradeArabia News Service




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