VAIMO ENTERS THE UAE MARKET
Vaimo, a leading Magento eCommerce solution provider, is continuing its global expansion by entering the UAE market. Vaimo’s presence in Dubai will deliver merchants and brands eCommerce solutions on the widely used Magento platform in the UAE and the rest of the Middle Eastern markets.
Ecommerce growth is expected to accelerate in the UAE in the next coming years, being currently valued at $ 2.5 billion and projected to be valued at $ 10 billion by 2018 (Dh 36.7 billion), according to Sarwant Singh at Frost & Sullivan. It is the fastest growing business in the UAE.
“The UAE boasts a strong developing market, with a stable economy and substantial purchasing power. The MENA region, in general, is outperforming and ahead of the previously fastest growing market, Asia-Pacific. Local eCommerce sites urgently need customised features and responsive design that will help to take their online business to a competitive, global level. We felt this was the right time for Vaimo to take its global eCommerce expertise and 7 years of Magento knowledge to the UAE to help the local businesses invest and grow online,” says Mika Leno, the newly appointed Managing Director for Vaimo UAE.
The international company’s impressive portfolio features over 400 eCommerce solutions deployed on the Magento eCommerce platform and a staff of over 200 full time employed specialists that hold almost 100 Magento certifications. They are working closely with several globally well-known brands, such as HP, Filippa K, Björn Borg, Bauhaus, Fjällräven, Triumph, and Marimekko to name a few. Vaimo currently has offices in Sweden, UK, Finland, Denmark, Norway, South Africa, Estonia, and Ukraine. Magento is one of the top platforms of choice for brands in the Alexa top 100K, powering more than 240,000 sites globally and supporting over $ 50 billion in gross merchandise volume annually.
“Vaimo’s goal is to be the leading Magento solution partner in the UAE. We are already in talks with several noteworthy clients in UAE and Middle East and we are excited to bring our expertise of Vaimo’s diverse team to the Middle East. The UAE is the business hub between Europe and Asia, where over 80% of the citizens are expats. Vaimo’s existing clients will greatly benefit from this increased market knowledge and sales opportunities in the Middle East. UAE is an excellent market to extend eCommerce coverage for Vaimo’s clients and to gain the trust of brand-new clients,” says David Holender, CEO of Vaimo.
Vaimo expects to continue its international growth, both in its existing markets, but also continue expanding to other new markets.
David Holender, CEO
Tel: +46 70 422 18 38
Mika Leno, Managing Director
Tel: +971 52 9700 258
Vaimo helps companies all over the world to achieve eCommerce success on the Magento platform. Vaimo is one of the top Magento solution providers and has delivered tailored eCommerce solutions to more than 400 brands and merchants to help to maximise their online potential. We pride ourselves in being certified Magento experts and offering full service eCommerce solutions that our clients can trust. We have an in-house team of 200+ specialists with offices located in Sweden, UK, Finland, Norway, South Africa, Denmark, Estonia, United Arab Emirates and Ukraine. Businesses all over the world choose Vaimo for best practice eCommerce that simply works.