UAE’s Kitopi plans Saudi Arabia and Southeast Asia expansion

RIYADH: Dubai’s Kitopi shared kitchen platform for online food delivery is set to have a new round of financing later this year amid plans to expand into Saudi Arabia and to launch in Southeast Asia, according to Al Arabiya.

Kitopi will turn a profit this year, according to founder and CEO Mohamed Ballout, who added that after opening branches in the Saudi eastern and western coasts, as well as in Qatar and Bahrain, the company will launch in several cities across Southeast Asia later this year, Al Arabiya said, citing Bloomberg.