Expecting Low Double-Digit Growth for Next Year, Says Jarir Chairman

Expecting Low Double-Digit Growth for Next Year, Says Jarir Chairman

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Interactive Video

Business

University

Hard

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The video discusses the market outlook for 2019, highlighting expected growth in the electronics segment driven by smartphone sales. Margins are expected to improve with new product additions and vendor collaborations. The impact of new laws and oil prices on consumer confidence is addressed, with signs of market recovery noted. E-commerce is experiencing significant growth, with strategies in place to enhance offerings and improve supply chain efficiency. Rising competition in the e-commerce space is acknowledged, with a focus on better customer acquisition strategies. Expansion plans include growth in Saudi Arabia, the Gulf, and potential acquisitions in North Africa.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies are being implemented to mitigate rising competition in e-commerce?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the future expansion plans mentioned in the text?

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