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FINANCIAL NEWS
Dubai-based Info2cell reports 29% rise in 2012 revenue
29 Jan 2013
(MENAFN) Info2cell.com founder and CEO, Bashar Dahabra, stated that the company’s revenues for 2012 grew by 29 percent from a year earlier, reaching USD18 million, reported Emirates 24/7.
Dahabra said that the Middle East’s leading mobile service application provider benefited from its robust network of strategic partners, the introduction of new services and aggressive growth in new markets in the region.
In the year, Info2cell unveiled new services and products in Dubai, Jordan, Iraq and Bahrain, and opened new markets in Saudi Arabia and Iraq.
The CEO noted that the company’s sales in the GCC region increased notably, as it signed partnership agreements with two key third-party vendors, which diversified the firm’s core offerings.
It is worth noting that info2cell, which focuses on emerging markets, plans to expand its presence into new markets in North Africa and across Asia.
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