Executive Summary
Jarir Marketing Co. was established in 1974 in Riyadh and operates in three segments namely Retail (Jarir Bookstore), Wholesale and E-commerce. The company operates through 67 showrooms spread across various locations in Kingdom of Saudi Arabia as well as Qatar, UAE, Kuwait, and Libya. It has witnessed a 10% growth in number of customers in B2C e-commerce in 2021 and there was a 107% growth in sales through the website. Jarir aims to continue the improvement in its website and mobile application to enhance the customer experience, it also aims to start international shipping during 2022.
Company Report Series
Over the past decade, Marmore MENA Intelligence has published a wealth of economic and industry intelligence for research professionals interested in the MENA region. Our comprehensive reports have provided detailed analysis of growth opportunities, evolving trends, competitive landscape, regulatory developments and their effects on business organizations.As part of our latest offerings, Marmore is publishing a series of company reports that enables one to understand a company's business proposition and challenges. These reports are presented in a way that make them accessible for a broader audience who are looking to get a quick understanding of a company's business model and its risks. Our analysis goes beyond what is stated in the websites and annual/quarterly reports and provide a clear sense of what the businesses do, the challenges that they face in a format that is pleasing to read.
All reports in the Company Series follow the same outline as below:
- Business Description
- Geography of Operations
- Ownership Details
- What we like about their Business
- Key Risks
- Potential Future Outcome
- Financials and key ratios for past seven years
