Quiqup
{{Use dmy dates|date=September 2023}}
{{COI|date=June 2017}}
{{Infobox company
| name = Quiqup Ltd.
| logo = Quiqup Organization Logo.png
| logo_caption =
| type = Private
| foundation = {{Start date|2014|9}}
| founder = Tim Linssen, Danny Hawkins, Federico Ferraro, Bassel El Koussa and Rami Idriss
| location = Dubai, United Arab Emirates
| industry = Logistics, last mile transportation
| services = Logistics services, same day delivery, on demand delivery, courier services
| website = {{url|https://quiqup.com/}}
}}
Quiqup (pronounced quick-up) is a Dubai-based logistics company that provides last-mile e-commerce delivery services throughout the UAE. {{cite web |url=https://www.quiqup.com/ |title=Quiqup}} As of June 2022, the company had over 100 employees across the globe, and over 200 drivers in its fleet in the UAE.
The company currently operates in the United Arab Emirates. In 2022, it announced plans to expand internationally to other countries in the MENATP region. {{cite web |title=Quiqup to focus exclusively on e-commerce last-mile operations |date=11 August 2022 |url=https://gulfbusiness.com/quiqup-to-focus-exclusively-on-e-commerce-last-mile-operations/}}
Quiqup offers multiple q-commerce services to its clients, as fast as 2 hours and as far as all UAE emirates in 24 hours. They serve e-commerce clients of all sizes, from emerging brands like The Giving Movement to large enterprises such as Alshaya and Chalhoub Group.{{cn|date=April 2024}}
History
Quiqup was launched in September 2014 by five founders, Tim Linssen, Danny Hawkins, Federico Ferraro, Bassel El Koussa and Rami Idriss.{{cite web|url=https://kamsyn.com/2016/06/28/quiqup-disrupts-last-mile-delivery-a-talk-with-gm-michel-kaloustian/|title=Quiqup Disrupts Last mile delivery a Talk with GM Michel Kaloustian|last=kamsyn|date=28 June 2016|publisher=kamsyn.com}} The business began with a consumer facing model, with mobile and web apps where consumers searched and placed orders.{{cite web|url=http://www.managementtoday.co.uk/quiqup-start-up-taking-amazon-its-own-game/article/1364293|title=Quiqup: The start-up taking on Amazon at its own game|publisher=Management Today}} Since 2016, logistics services to retailers is also provided.
In June 2017, British retailer Tesco announced it had partnered with Quiqup to offer a one-hour delivery service called "Tesco Now".{{cite web|url=http://www.businessinsider.com/tesco-now-1-hour-delivery-service-app-amazon-quiqup-2017-6|title=Tesco is launching a 1-hour delivery service as it goes to war with Amazon|first=Rob|last=Price|publisher=Business Insider|date=June 26, 2017|access-date=July 22, 2017}}{{Cite web|title=Tesco launches one-hour grocery deliveries in London, powered by Quiqup|url=https://techcrunch.com/2017/06/26/tesco-launches-one-hour-grocery-deliveries-in-london-powered-by-quiqup/|access-date=2020-12-08|website=TechCrunch|language=en-US}}
In 2019, Quiqup moved its headquarters to the United Arab Emirates, transitioning to B2B deliveries. Since then the company has grown in the E-commerce space until a clear transition in August 2022, to focus purely on the growing Q-commerce space in the MENATP region. {{cite web |title=Quiqup to focus exclusively on e-commerce last-mile operations |date=11 August 2022 |url=https://gulfbusiness.com/quiqup-to-focus-exclusively-on-e-commerce-last-mile-operations/}}
=Funding=
In September 2015, Quiqup received an undisclosed amount of funding from a Series A round, led by food ordering service Delivery Hero and Global Founders Capital, an investment arm of the German technology firm Rocket Internet.{{cite web|url=https://techcrunch.com/2015/09/15/quiqup/|title=On-Demand Delivery Service Quiqup Picks Up Backing From Delivery Hero And Global Founders Capital - TechCrunch|first=Steve|last=O'Hear|date=15 September 2015 |publisher=Techcrunch}} In May 2017, it raising £20 million in a Series B round led by JOBI Capital and Transmed, as well as existing investors.{{cite web|url=https://techcrunch.com/2017/05/23/quiqup-series-b/|title=Quiqup, a London-based on-demand delivery startup, raises £20M Series B - TechCrunch|first=Steve|last=O'Hear|date=23 May 2017 |publisher=Techcrunch}} In May 2019, it has raised another £10m for Middle East expansion.{{cite news|url=https://www.arabianbusiness.com/transport/413131-quiqup-eyes-gulf-expansion-after-128m-funding-round|title=Quiqup eyes Gulf expansion after $12.8m funding round|newspaper=Arabian Business |date=March 2019 }}