Saudi Arabia’s leading online food delivery platform Jahez is looking to diversify its business profile with the point of sale (POS) business. The publicly-traded company has filed a 30-day nonbinding offer to fully acquire the Saudi-based POS provider Marn Business Information Technology Co.
The acquisition is still subject to authority approval, particularly from a financial advisor. The final price for the acquisition has not been made and will be based on the findings of due diligence.