Talabat

The delivery company reported lower quarterly profit and adjusted EBITDA as it invested in expanding its grocery, loyalty and retail businesses

talabat said the initiative is designed to combine premium sports entertainment with its growing ecosystem of food delivery, grocery services and everyday convenience offerings

Chief executive officer Toon Gyssels said the company delivered a strong start to the year despite a ‘dynamic environment of heightened uncertainty’

Flyby plans to scale its network to 10,000 smart boxes by 2027

Delivery platform removes key cost barriers by offering free kitchen space to UAE-founded brands until September 2026

For millions of residents in the UAE, ordering food or groceries through a smartphone app remains a routine part of daily life

For 2026, talabat has earmarked more than $100m for investments to scale grocery integrated vertical (talabat mart) and enhance the loyalty subscription programme

At the heart of talabat Kitchens is Pepper, the platform’s AI-powered engine, which predicts demand and optimises kitchen efficiency

Rodriguez will be succeeded by Toon Gyssels, who returns to the company and will formally assume the position of CEO on November 21

The performance was driven by strong demand in both the Food and Grocery & Retail (G&R) verticals