Cobone

Dubai, United Arab Emirates Founded: 2010 • Age: 16 yrs
Daily deals company in the Middle East
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About Cobone

Cobone is a company based in Dubai (United Arab Emirates) founded in 2010.. Cobone operates in a competitive market with competitors including Deal In City and GoNabit, among others.

  • Headquarter Dubai, United Arab Emirates
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    Jabbar

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    N/A

    (Dec 08, 2014)

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People of Cobone
Headcount 50-200
Employee Profiles 2
Employee Profiles
People
Hany Omira
Chief Commercial Officer (cco)

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Teams

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Funding Insights of Cobone

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2011 Amount Seed - Cobone Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Cobone

Cobone has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Jabbar. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Investment and development of technology companies are facilitated.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Cobone

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Cobone

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Cobone Comparisons

Employees
+
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Competitors of Cobone

Cobone operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Deal In City and GoNabit, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Group Buying daily deals site
domain founded_year HQ Location
Operates a social commerce website for daily deals and shopping.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Cobone

Frequently Asked Questions about Cobone

When was Cobone founded?

Cobone was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Cobone located?

Cobone is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.

What does Cobone do?

Cobone was founded in 2010 as a daily deals platform in the e-commerce sector. Operations are centered in the Middle East, including the UAE and Saudi Arabia, where group buying is utilized to deliver discounts of 50-90 on hotels, restaurants, spas, goods, and related services. The company was acquired by Tiger Global Management in March 2013 for approximately 40 million and later by Middle East Digital Group in December 2014.

Who are the top competitors of Cobone?

Cobone's top competitors include Deal In City and GoNabit.

Who are Cobone's investors?

Cobone has 1 investor. Key investors include Jabbar.

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