Hamza Abid Khan, Chief Strategy and Business Officer atSnoonu Corporation Holding
Hamza Abid Khan, Chief Strategy and Business Officer, Snoonu Corporation Holding, said Jahez International Company for Information System Technology’s acquisition of a stake in Snoonu will support innovation and improve operational performance. 
In a telephonic interview with Argaam, Khan said that Jahez brings scale and extensive market expertise, which drives collaboration and exchange of best practices, ultimately benefiting partners and customers.
He noted that Snoonu continues to lead in the grocery and e-commerce sectors, in addition to launching new services, placing it in a strong position to drive growth.
Khan explained that the delivery market in Qatar has experienced continuous growth in recent years, driven by an increasing reliance on digital adoption and a growing demand for convenience. He pointed out that current trends indicate a shift by customers towards online platforms, giving Snoonu a unique opportunity to expand its market share.
He added that the partnership with Jahez will accelerate and support Snoonu’s core mission to enhance lives. He also emphasized that the team is working rapidly to address the challenges faced by partners and representatives, as part of a broader goal to foster innovation both locally and regionally, while building a leading regional tech entity.
Khan said that the delivery business model faces challenges in achieving profits during its early stages. However, Snoonu has been committed from the outset to delivering real value to customers.
He pointed out that this approach has built strong brand loyalty, supported sustained growth and continued improvement in user experience, contributing to positive financial outcomes.
According to data available on Argaam, Jahez recentlysigned a share purchase and subscription agreement (SPSA) to acquire a 76.56% stake in Qatar-based Snoonu for $245 million (SAR 919 million).
Hamza Abid Khan, Chief Strategy and Business Officer atSnoonu Corporation Holding
Hamza Abid Khan, Chief Strategy and Business Officer, Snoonu Corporation Holding, said Jahez International Company for Information System Technology’s acquisition of a stake in Snoonu will support innovation and improve operational performance.
In a telephonic interview with Argaam, Khan said that Jahez brings scale and extensive market expertise, which drives collaboration and exchange of best practices, ultimately benefiting partners and customers.
He noted that Snoonu continues to lead in the grocery and e-commerce sectors, in addition to launching new services, placing it in a strong position to drive growth.
Khan explained that the delivery market in Qatar has experienced continuous growth in recent years, driven by an increasing reliance on digital adoption and a growing demand for convenience. He pointed out that current trends indicate a shift by customers towards online platforms, giving Snoonu a unique opportunity to expand its market share.
He added that the partnership with Jahez will accelerate and support Snoonu’s core mission to enhance lives. He also emphasized that the team is working rapidly to address the challenges faced by partners and representatives, as part of a broader goal to foster innovation both locally and regionally, while building a leading regional tech entity.
Khan said that the delivery business model faces challenges in achieving profits during its early stages. However, Snoonu has been committed from the outset to delivering real value to customers.
He pointed out that this approach has built strong brand loyalty, supported sustained growth and continued improvement in user experience, contributing to positive financial outcomes.
According to data available on Argaam, Jahez recentlysigned a share purchase and subscription agreement (SPSA) to acquire a 76.56% stake in Qatar-based Snoonu for $245 million (SAR 919 million).
