MEIG to Expand into More Middle Eastern Countries

27 July 2015.

The ecommerce company Middle East Internet Group (MEIG) has said that it plans to expand into more Middle Eastern countries in the coming years.

It plans to launch in Jordan and Lebanon next year, and has also said it is considering launching in Iraq and Yemen once these regions stabilise.

MEIG, which owns beauty, real estate and motor vehicle ecommerce sites amongst others, has experienced stunning success, with revenues have gone up fourfold in the first seven months of this year alone.

The Middle East ecommerce market is one of the fastest growing in the world, and is predicted to reach a value of 15 billion US dollars this year.

 

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