BARQ

BARQ

Provides fast delivery services, ranging from 15 minutes to same-day, for businesses in various sectors.

  • Edit

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20222023
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
More about BARQ
Made with AI
Edit

BARQ is a pioneering company in the Middle East, offering a premium bullet delivery Platform-as-a-Service (PaaS) designed to revolutionize the e-commerce industry by achieving delivery times as fast as 30 minutes. The company primarily serves e-commerce businesses, providing them with a reliable and efficient delivery solution that can transform online stores into real branches by delivering orders to customers within 2 hours. BARQ operates in the logistics and transportation market, focusing on same-day delivery services in Riyadh and other cities. The business model revolves around a subscription-based PaaS, where merchants can use the BARQ Fleet to manage and dispatch orders seamlessly through the BARQ Merchants App. This app offers a unique user experience, allowing merchants to create and dispatch orders from any branch, receive real-time notifications, and optimize delivery routes using artificial intelligence. BARQ makes money through subscription fees from merchants and additional services like cash on delivery. The company’s fleet is capable of delivering a wide range of commodities, including food and electronics, ensuring city-wide coverage and optimized routes to reduce traffic and find the fastest delivery paths.

Keywords: bullet delivery, PaaS, e-commerce, logistics, transportation, same-day delivery, AI optimization, cash on delivery, real-time notifications, city-wide coverage.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads