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Fawaz Abdulaziz Alhokair & Co. (Cenomi Retail) Announces a Partnership With Tabby to Offer Seamless Payment Solutions

4240
CENOMI RETAIL
-0.89 %
1445/02/27     12/09/2023 08:23:58

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Announcement Detail Fawaz Abdulaziz Alhokair & Co (Cenomi Retail) Saudi Arabia’s leading brand partner of choice, announces long-term strategic partnership with Tabby, the MENA’s leading shopping and financial services app. The partnership is a first of its kind collaboration between a BNPL player and an omnichannel retailer in Saudi Arabia. It is an important step in bringing innovative payment solutions to serve consumers in the Kingdom.

Currently, Tabby customers can split their payments into four with no additional fees when shopping from 10 of Cenomi Retail’s brands online, including Decathlon, FNAC and Alo Yoga. The payment method is also enabled on Apple premium reseller Aleph’s online sites as well as in all in-store locations throughout the Kingdom.

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The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 28.84
Net Change -0.26 (-0.89%)
Value Traded (Sar) 47,062,894.68
Volume Traded 1,616,620
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