Economy Country October 23, 2024

Dubizzle Prepares for the Initial Public Offering in 2025

The Dubizzle group plans to launch its anticipated initial public offering in 2025, reflecting its strength in the market and confirming its growth and expansion plans.


Dubizzle Prepares for the Initial Public Offering in 2025

The large company "Dubizzle" is preparing for its first public offering, scheduled for 2025. According to the words of the company's general director, Anouch Jaynani, the public offering will allow the company to attract new investments for further development and expansion of the business.

"We are striving for a more accessible and sustainable real estate market through technology and data, which will improve the experience of clients," noted Jaynani. The company "Dubizzle", founded in Dubai in 2005, specializes in an online platform for the sale and rental of real estate.

According to Jaynani, the company is looking to use the proceeds from the IPO to launch new products and services, as well as to diversify its portfolio. Currently, "Dubizzle" is one of the leading companies in its sector, serving millions of users in the region and beyond.

"We are confident that our public offering will benefit both the company and investors, and will allow us to strengthen our position in the real estate market," emphasized the general director.