Company’s Initial Public Offering Oversubscribed as Investors Rush to Tap into MENA’s Booming On-Demand Delivery Market Talabat, the Middle East’s leading on-demand delivery platform, has successfully completed its initial public offering (IPO) on the Dubai Financial Market (DFM), raising Dh7.5 billion, the largest tech IPO globally so far in 2024. The IPO was oversubscribed by double digits, showcasing the immense demand from international, regional, and local investors eager to tap into the rapidly growing on-demand delivery sector in the MENA region. The final offer price for Talabat’s IPO was set at Dh1.60 per share, at the top end of the … Continue reading Talabat Raises Dh7.5 Billion in Largest Global Tech IPO of 2024