COBONE.com reveals its new strategy to expand operations in the Kingdom and promote the notion of online purchasing

Press release
Published February 19th, 2012 - 08:22 GMT
Thamer Bamiah, General Manager, COBONE.com
Thamer Bamiah, General Manager, COBONE.com

COBONE.com, the leading website in e.shopping that presents high value-added shopping offers, announced today the launch of a portfolio of services in Saudi Arabia. This came in line with the outstanding success the website achieved among consumers since it was launched at the end of 2010 in 10 main Arab cities. 

Thamer Bamiah, General Manager, COBONE.com KSA, the dedicated online shopping website, held a press conference in Jeddah in presence of local media representatives to announce launching services in KSA, and present the company’s new expansion strategy based on introducing new marketing and purchasing concepts in the Arab world and internationally. Mr. Bamiah noted that COBONE.com has become –for subscribers of the Arab World- a new approach in defining consumerism, and a portal through which they gain access to a wide range of products, favorite stores and restaurants. Each offer within the website can be accessed more than 100 thousand times a week by subscribers who then make their purchasing decisions. COBONE.com grants users the chance to choose from a list of their favorite restaurants, services, health clubs and other options of facilities found all over the city with huge discounts ranging from 50% to 90%. 

COBONE.com is considered an online purchasing website that grants its users special offers for a limited period of time. Offers are showcased in the form of coupons that include discounts ranging from 50% to 90%. Offers can be purchased online through credit cards, CashU, PayPal, OneCart and “Collect of Delivery” or COD service. 

Since its launch 2010, COBONE.com witnessed a remarkable growth in the region, and rapidly became the website of choice for a vast category of buyers and shoppers. This was due to the ability of the website’s team to develop a list of exceptional services -with high levels of technical security- interlinked through simple steps when a user makes a purchase of any product. This ability came as a positive factor in attracting new users to the website, which resulted in a current number of users estimated by more than 1.5 million users on a monthly basis, with a constant growth rate of 10-20% by month, exploring more than 8- 10 million pages on a monthly basis, the thing that secured high growth rates in the total performance of the website. 

Users of the website are granted many privileges and advantages that include the ability to explore the website with ease and perform purchases in a smooth and simple manner with high levels of security and privacy. In that regard, Bamiah pointed out that one of the most important achievements of COBONE.com is that it increased the awareness that people are capable of getting the products they want through online orders, that the website provides high levels of security for personal data, and that the website allows users to gain new tools to make better purchasing decisions and control their income with high levels of fun and luxury. 

Background Information

Cobone

Launched in July 2010 in Dubai, Cobone is the Middle East’s biggest 'daily deals', or group buying, site featuring daily deals on the best things to do, see, eat and buy in the UAE and Saudi Arabia. 

We have offices in Dubai and Jeddah and employ over 60 staff of over 20 different nationalities, who work hard every day to find you the best savings we can. With over 2.6 million Cobone vouchers bought, we’ve saved our users over $172 million in our 5 year history. We’ve been an innovative leader during this time in the development of transactional E-commerce in the Middle East. 

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