Ahmed AlZaino, CEO and Co-Founder of Foodics Co.
Foodics Co. is studying an initial public offering (IPO) of a 30% stake in the Saudi market by the end of 2025, CEO and Co-Founder Ahmed AlZaino told Asharq.
Earlier this year, the company embarked on initial plans for a share sale.
Foodics made profit and targets investors to finance mergers and acquisitions, AlZaini added.
Foodics was established in 2013. It runs a restaurant management system. In 2020, the company obtained a license from SAMA.
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