ready to eat
Saudi delivery startup Ninja reaches $1.5 billion valuation
Ninja joins several other emerging Saudi companies that have reached 'unicorn status,' including fintech companies Tamara and Tabby
HAITHAM EL-TABEI/AFP via Getty Images
Delivery motorcycles parked outside an air-conditioned bus station in northern Riyadh
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Delivery firm Ninja is Saudi Arabia’s newest tech unicorn, reaching a valuation of $1.5 billion after it raised $250 million from local investors.
The funding round was led by Riyad Capital, the investment banking arm of PIF-backed Riyad...