Cobone celebrates 12 months in business

Company plans further expansion in region, new daily deals

Tags: Cobone (www.cobone.com)Group buyingUnited Arab Emirates
  • E-Mail
Cobone celebrates 12 months in business Group buying site Cobone.com is celebrating one year in business.
By  Georgina Enzer Published  September 14, 2011

UAE group buying site Cobone.com is celebrating one year in business. The company launched in September 2010 with six employees and featured three deals a week in two cities, but today the company has over 100 employees and runs an average of 60 deals a week in 10 cities across five countries.

According to Cobone.com, in the last year, the company has reached 800,000 subscribers, has sold over 300,000 deals and has saved its users over AED62 million.

"The success and growth of Cobone.com has been phenomenal over our first year of operations. There is of course a long way to go, but it's a tribute to the support, quality and dedication of the Cobone family," says Gregory Hucker, COO and cofounder of Cobone.com.

To celebrate 12 months in business, Cobone.com will be featuring repeats of favourite deals offered on the site over the past year. Between 11th and 18th September, it will also be featuring deals for kids on a national vertical.

"Jabbar is delighted with the success of Cobone.com and the team with one year of operation completed. In the face of competition Cobone.com has stood on top and continues to lead the industry regionally," said Samih Toukan chairman of Jabbar Internet Group.

The website is currently active in the UAE, Saudi Arabia, Egypt, Jordan and Lebanon, offering deals on restaurants, spas and special attractions.

According to Cobone, over 1,000 businesses have launched deals with Cobone.com in the past year, including Wild Wadi, Coldstone, Nandos, Grand Cinemas and Madinat Jumeirah.

The website has also formed partnerships with brands such as Etisalat and Mastercard.

In the last year, Cobone.com has also launched new areas of the website dedicated entirely to travel, business and electronics, and plans to increase the offerings available on the site.

"Cobone has become the leading daily deal website in the Middle East and North Africa and continues to grow at an astounding rate," said Paul Kenny, founder and CEO. "My vision is to create one of the most recognised brands in the region that will be remembered for years to come."

2471 days ago
Vinod Mehra

A subscriber base of 800,000 in one year is phenomenal for the region and reflects popularity of such business model. However challenge for cobone is to sustain the interest of audience over a period of time.

Add a Comment

Your display name This field is mandatory

Your e-mail address This field is mandatory (Your e-mail address won't be published)

Security code