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Noon.com, the new e-commerce platform worth $1 billion launched by Saudi Arabia’s Public Investment Fund (PIF) and Dubai billionaire Mohamed Alabbar, will be launched within the next few weeks, Arabian Business reported on Thursday, citing unnamed sources familiar with the matter.
The platform was being tested over the last two months.
The launch will include three-hour, door-to-door delivery on items, return policies and advanced payment platforms.
The new online shopping platform was originally scheduled to go online in January 2017 in the United Arab Emirates and Saudi Arabia, Argaam earlier reported.
The website will offer 20 million products for online shoppers, including fashion, books, home and garden, electronics, sports and outdoor, health and beauty, personal care, toys, children's and baby products.
The platform could be publicly listed within five to seven years, Alabbar had earlier said.
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