UAE’s Tejuri launches new online retail venture
A new online retail venture selling more than 150 international and local brands has been launched in the UAE.
Tejuri.com, an e-shopping mall, has been endorsed by the Department of Economic Development (DED) and features DED accredited retailers across many retail sectors.
These include Sharaf DG, Reebok, Marina Exotic Home Interiors, Jumbo, Eros, THEFACESHOP, Al Jaber Opticals, National Stores, Grand Optics, Springfield, Triumph, Sanrio, Al Motahajiba, and Al Thawb Al Watani.
Mohammed Sharaf, chairman, Tejuri, said: “Retail drives a large percentage of the Dubai’s economic growth… By taking the offerings of our malls and retail spaces online, we are taking consumer engagement to an advanced, global level and opening up a new avenue not just for established retailers but also for small and middle-sized local business looking to break into the retail arena.”
With internet usage within the region growing by 1,500 percent over the last decade, eCommerce has been steadily on the rise in the GCC.
With one of the highest global per capita internet penetration levels, the GCC’s online spending potential is quickly emerging as one of the highest in the world.
In 2012, $3.2bn was spent by online shoppers in the GCC.
Ayaz Maqbool, managing director, Tejuri, added: “Tejuri.com is a natural extension of Dubai’s world-class retail industry. People flock to our malls as we offer a large selection of products in a variety of brands and Tejuri allows consumers to tap into the same products and services, with the click of a button.”
He said Tejuri is fully supported by Dubai’s Department of Economic Development and all Tejuri retailers are DED registered and comply with the Consumer Code of Rights issued by the Ministry of Economy.
Tejuri currently has signed up with over 40 international and local retailers that represent over 150 brands.