About Drops Group Holding
Drops Group Holding is a company based in Kuwait City (Kuwait) founded in 2019. It operates as a D2C, and B2C. Drops Group Holding offers products and services including Drops Platform and EPIC!. Drops Group Holding operates in a competitive market with competitors including Deliveroo, Delivery Hero, GetDukan, Maqadhe and Fiz, among others.
- Headquarter Kuwait City, Kuwait
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Sectors
Retail
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Email
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Phone
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Website
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Social
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- Legal Name Drops General Trading Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Products & Services of Drops Group Holding
Drops Group Holding offers a comprehensive portfolio of products and services, including Drops Platform and EPIC!. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Online platform for shopping groceries and household items.
In-house brand offering fresh fruits and other products.
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Funding Insights of Drops Group Holding
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Drops Group Holding
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Drops Group Holding
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Drops Group Holding Comparisons
Competitors of Drops Group Holding
Drops Group Holding 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 Deliveroo, Delivery Hero, GetDukan, Maqadhe and Fiz, 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 |
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| domain | founded_year | HQ Location |
Platform offering food and grocery delivery services
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| domain | founded_year | HQ Location |
Food ordering and delivery services are facilitated online.
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| domain | founded_year | HQ Location |
An online platform providing multi-category grocery supplies to consumers.
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| domain | founded_year | HQ Location |
Manages an e-commerce store focused on grocery products.
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| domain | founded_year | HQ Location |
Multi-category grocery products are delivered online with ultra-fast service.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Drops Group Holding
When was Drops Group Holding founded?
Drops Group Holding was founded in 2019.
Where is Drops Group Holding located?
Drops Group Holding is headquartered in Kuwait City, Kuwait.
What does Drops Group Holding do?
Drops Holding Group operates an e-commerce platform that provides a wide range of products, including groceries, food categories, cleaning supplies, and personal care items. Based in Kuwait, they focus on seamless online shopping with fast delivery through an intuitive app and integrated technology like Salesforce. They serve consumers in the MENA region, expanding to multiple warehouses and offering private label products for enhanced convenience.
Who are the top competitors of Drops Group Holding?
Drops Group Holding's top competitors include Deliveroo, Delivery Hero and Fiz.
What products or services does Drops Group Holding offer?
Drops Group Holding offers Drops Platform and EPIC!.