RIYADH, SAUDI ARABIA – Media OutReach Newswire – 27 August 2024 -Beijing Ubox Online Technology Co., LTD. (“Ubox“) (SEHK stock code: 02429.HK) is pleased to announce the signing of a strategic partnership Memorandum of Understanding (MoU) with Siwar Foods Co., LTD. (“Siwar”) in Saudi Arabia. This collaboration will introduce advanced unmanned retailing technology for ready-to-eat (RTE) food to major cities in Saudi Arabia, including Riyadh, Jeddah, Mecca, and Medina, significantly enhancing the shopping experience for consumers.
Siwar, based in Riyadh, is a prominent RTE frozen food producer supplying over 480 outlets across Saudi Arabia, including wholesalers, hotels, restaurants, and catering companies. Expanding into digital retailing, Siwar now operates more than 120 vending machines throughout the region.
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