What is Wadi.com? Wadi.com Review

Wadi.com is an online shopping market in the Middle East. It was founded in 2015 and is affiliated to the Middle East Internet Group (MEIG). It adopts the online bazaar model to provide users with more than 150,000 products.

About Wadi.com

Wadi.com sells more than 150,000 products and more than 2,000 international brands. When it was first established, Wadi.com’s target market was the United Arab Emirates and Saudi Arabia. Now, with the development of the platform, it has covered Bahrain, Kuwait and Oman.

·Founded in 2013, MEIG is a leading e-commerce group in the Middle East. It is a joint venture between German incubator RocketInternet and South African telecom operator MTN. Its e-commerce platforms include Wadi, Helpling, Vaniday, Easytaxi, Lamudi and Carmudi, among which Wadi.com is the fastest growing one.

Products on Wadi.com include: baby products, beauty products, consumer electronics, digital accessories (mobile phones, electronic and computer accessories), home appliances, kitchen products, mobile phones, personal care products, computers, toys, video games (consoles and games), watches and home furnishings, stationery, men's and women's clothing, men's and women's accessories (shoes, bags, sunglasses, perfumes), health and automobiles, etc.

Advantages

1. The founder of Wadi.com said in an interview in 2017 that the most severe adjustments Wadi.com faced in the Middle East may come from customs and logistics. The biggest differentiated development Wadi.com made after its Series A financing was to build a logistics system in the Middle East, which has become Wadi.com’s biggest advantage.

2. The platform's logistics and distribution can achieve the delivery of 85% of commodity orders within 48 hours. Of course, the rapid development of the platform has also attracted a large number of sellers. Currently, there are tens of thousands of cooperative sellers on the platform and more than 2,000 brand suppliers.

Entry conditions

E-commerce in the Middle East started relatively late, so many platforms have not yet allowed overseas sellers to settle in. However, Wadi.com is one of the few platforms that allows Chinese sellers to settle in. When settling in, sellers need to meet certain conditions and provide relevant information.

1. Sellers need to have a computer that can connect to the Internet and basic computer knowledge to manage store operations.

2. Sellers are required to provide trade license and ID card information to ensure legal operation.

3. Sellers need to provide an email address for platform verification.

4. Provide the correct delivery address. The platform's procurement team will receive the order and deliver it to the customer based on the address provided by the seller.

5. Bank account. Sellers need to submit a valid bank account for payment of platform products and platform commissions.

Note: According to Wadi.com's official statement, sellers must meet the above conditions before they can join the platform.

cost

The fees that sellers need to pay to open a store on Wadi.com include: commission and shipping costs for each order. The commission is determined after negotiation between the seller and the platform after the seller settles in; the shipping cost is a fixed fee charged based on the order situation.

Settlement process

1. Log in to the Wadi.com Seller Center (click here to enter), click the Register button, jump to the registration page or enter directly in the browser. As follows:

2. Fill in the contact information and click Continue after completion. As follows:

Note: The country selection can drop down to 4 countries: Saudi Arabia, United Arab Emirates, China and Singapore.

3. Fill in the seller's registered company information, and click Continue to the next step after completing the filling. As follows:

Note: The seller's name must be filled in with the name of the registered company's legal person; once the store name is determined, it cannot be modified later; it may be a system bug, and Chinese cannot be filled in here on the current platform.

4. Fill in the address and agree to the terms of service to complete the registration. As follows:

5. After completing the registration, wait for the platform staff to review and reply to the seller, then you can open the store.

Frequently asked questions

Q: How many products do newly settled sellers need to start selling?

A: Sellers need to provide at least 5 products to sell on Wadi.com.

Q: How to solve the transportation problem of products?

A: Wadi.com platform will be responsible for receiving and transporting the products. Sellers need to provide their warehouse address to the platform and pack the products.

Q: After uploading a product to Wadi.com, how long will it take before it can be sold?

A: After the seller uploads the product, Wadi.com will review it, which usually takes 24-72 hours.

Development History

-In 2015, Wadi.com was launched.

-In February 2017, MEIG's e-commerce portal Wadi.com recently won $67 million in Series A funding, led by Al Tayyar Travel Group, headquartered in Saudi Arabia. Regarding this round of financing, Eyad Alkassar, general manager of MEIG, said that part of the funds will be used to further expand the Middle East and North Africa market, integrate operations, and improve customer service quality, while the lead investor Al Tayyar Travel Group also issued a statement saying that it will provide Wadi.com with support in terms of supply and logistics.