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UAE based online marketplace sees 2017 sales triple over the past four years

UAE based online marketplace sees 2017 sales triple over the past four years

As part of an expansion plan, letstango.com is looking to invest in iOS and Android apps, develop the Arabic version of its website, and create the infrastructure to enter the Saudi market in the fourth quarter of this year

letstango.com’s total sales for 2017 expected to grow by three to five times higher than growth posted in 2016

MENA’s e-commerce already hit AED 24.65-billion mark for 2017

‘letstango.com’, a UAE-based online marketplace, has announced its estimated total sales is expected to grow by more than three to five times this year as compared to the growth it posted in 2016.

The online platform’s sales volume has tripled over the past four years, with its number of visitors and orders growing five and eight times respectively.

Alex Tchablakian, Operations Manager, ‘letstango.com’, said: “Our impressive growth over the past years has been the result of our relentless commitment to enhance the experience and protection of sellers and buyers alike, as well as offer a wide array of relevant products to consumers.

“As part of our long-term approach to carve a niche in the global e-commerce sector, we will continue to focus on areas that will catapult our market positioning and cement our presence as a major player in the global arena. We are presently embarking on an expansion plan to achieve higher profitability and successfully accomplish our business growth strategy.”

As part of an expansion plan, letstango.com is looking to invest in iOS and Android apps, develop the Arabic version of its website, and create the infrastructure to enter the Saudi market in the fourth quarter of this year.