Egypt's ecommerce entrepreneurs break new ground

Egypt has an alarmingly high population density which is a major cause of social and economic problems.

But if you look at an ecommerce map of the country, you find that high population density is a key reason why Egypt ranks alongside the UAE, Saudi Arabia and Kuwait for the highest number of ecommerce customers in the Middle East. Indeed, Egypt tops this market with 30 million ecommerce users, or one third of the total online buyers in the region.

It’s these numbers that are encouraging new ventures into Egyptian ecommerce.

DealGamed

About two years ago Wamda noted the absence of competitors to Edfa3ly, the Egyptian international shopper service that lets local customers buy from US websites and pay locally.

Yet Edfa3ly’s first competitor, DealGamed, appeared only six months ago with a site allowing customers to shop internationally at prices that include Egyptian customs taxes.

The startup operates on the same model as Edfa3ly, which now runs the online shopping website Yashry.

“DealGamed offers the same services (as we do), and is our main competitor,” said Ahmed Mohammed, one of Edfa3ly’s three cofounders. “But we are betting on our entrepreneurship (innovation) in this field, and on our partners’ loyalty, as well as the elite program which we recently launched.”

Original article by Eman Mostafa

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Egypt’s ecommerce entrepreneurs break new ground