Ninja Express, a leading on-demand delivery platform in Saudi Arabia, is reportedly preparing for a potential initial public offering (IPO) on the local stock exchange. According to sources cited by Bloomberg, the company has reached out to investment banks for advisory services, with plans to launch the offering as early as next year.
The firm has invited proposals from potential underwriters and financial advisors to structure the IPO, signaling its intent to access public capital markets. While specific details such as valuation and share count remain undisclosed, the move reflects growing confidence among tech-enabled logistics firms in Saudi Arabia’s evolving financial ecosystem.
An IPO would enable Ninja Express to raise funds for expansion, enhance operational capabilities, and increase brand visibility. It would also mark another milestone in the Kingdom’s efforts to support innovation-driven enterprises under its Vision 2030 economic transformation agenda.
The Saudi capital market has seen increasing interest from digital economy players, with several homegrown startups exploring public listings to scale their operations and attract institutional investors.
— news from Bloomberg
— News Original —
“نينجا” تسعى لطرح عام أولى بالسوق السعودية
تسعى الشركة المتخصصة في توصيل الطلبات إلى تعيين بنوك استثمار لتقديم المشورة بشأن طرح عام أولي محتمل، من الممكن أن يتم في وقت مبكر من العام المقبل، وفقا لما نقلته “بلومبرغ” عن مصادر مطلعة.
وطلبت “نينجا” عروضا من شركات الاكتتاب والمستشارين الماليين المحتملين للطرح، بحسب المصادر.