What is Namshi? Namshi Review

introduce

In order to differentiate itself from Souq, Namshi positioned itself as a "fashion e-commerce". At the beginning of its establishment, it completely imitated the American B2C website Zappos. Similar to Zappos, it focused on well-known brands, thus establishing a mid-to-high-end user group.

Namshi's logistics experience is also very good. They do not cooperate with large logistics companies, but build their own small and beautiful logistics team to meet customers' needs for same-day or next-day delivery.

Brand Information

Currently, Namshi offers more than 500 brands, including private labels and exclusive brands, including Adidas, Nike, Topshop, Tommy Hilfiger, Benefit, Maybelline...

Logistics and distribution

Namshi.com promises customers a 14-day unconditional return service and provides cash on delivery payment.

develop

In 2014, Namshi's two investors, Rocket Internet and Kinnevik, integrated several e-commerce companies into the Global Fashion Group (GFG), and Namshi became one of the five major e-commerce companies under GFG.

In 2016, Namshi posted revenue of AED 555 million (USD 151 million) and was profitable.

Financing

In October 2012, Namshi received $20 million in financing led by Blakeney Management and JPMorgan.

In May 2013, Namshi received US$13 million in financing led by Summit Partners and others.

In May 2017, Emaar Malls, owned by Mohammed Alabbar, announced that it had acquired a 51% stake in Namshi for US$150 million, and Namshi became one of Alabbar's e-commerce alliances.