Skip Nav

Emaar Malls Acquires 51% of Online Shopping Brand Namshi

The Way You Shop Is Going to Change Big Time as a Malls Giant Acquires the Majority of Namshi

With the biggest mall on the world, everyone knows shopping is much more fun in Dubai. So the announcement that a Dubai malls giant has teamed up with Namshi will come as great news for those who can't get enough of retail therapy.

Emaar Malls – owners of the Dubai Mall, Dubai Marina Mall and Gold & Diamond Park - has acquired the majority (51 percent) of the online shopping platform, a website which delivers same day in the UAE, express to Saudi Arabia and also to homes in Qatar, Kuwait, Oman, and Bahrain.

While they haven't specifically said they'll be venturing into malls, the 5-year-old company did say in a statement that questions about their shopping outlets were among the most frequently asked on Facebook. In the open letter, "Faraz, Hosam, Hisham, & the Namshi team" added that prices should get better too.

"With any luck you won't be hearing from us any time soon; instead, we hope you'll notice our assortment, pricing, and service improve bit by bit, day by day, just as always," the statement reads.

It's no wonder Emaar Malls is so keen to work with them; in 2016 their net revenue was $150million.

We can't wait to see what the future holds!

Image Source: YouTube user Namshidotcom
Joey King's Coral Paul & Joe Coat With a Pink Collar
Kristen Bell's Blue and Purple Coat's Giving Us Frozen Vibes
Gigi Hadid Wore a Blue Beaded Bag With Her Burberry Dress
How to Style Black Sweaters
How to Wear Leather Pants Like an Absolute Pro
Selena Gomez's Suit Is Cool, but Did You See Her Heels?
Selena Gomez Looks Incredible in This Tiger-Print Dress
Selena Gomez's Striped Jacquemus Dress Is Perfect For Fall
Kim Kardashian's Rick Owens Iridescent Dress With Kanye West
Gigi Hadid Carried a Jelly Bag That Reminds Us of the '90s
Kate Middleton Owns These Strappy Flats in 2 Colors
Priyanka Chopra and Nick Jonas Party in Vegas in Style
Latest Fashion
All the Latest From Ryan Reynolds