talabat Debuts on DFM in Largest Global Tech IPO This Year - Bell ringing

DFM welcomed the successful listing of Talabat Holding , the MENA region’s leading on-demand food, grocery and retail platform for everyday deliveries. talabat trades under the ticker symbol “TALABAT”.

talabat’s IPO raised gross proceeds of around AED 7.5 billion through the offering of 20% of the Company’s total issued share capital, is the largest global technology IPO in 2024, the largest IPO in the GCC this year, and the first ever technology sector IPO on DFM.