Logistics company DIGGIPACKS acquires ecommerce solutions provider FWRUN

EGYPT – DIGGIPACKS, a Saudi Arabia-based last-mile delivery and logistics services provider, has acquired FWRUN, an Egyptian ecommerce solutions provider, in order to extend its footprint in the Egyptian market. DIGGIPACKS raised US$400,000 in pre-Seed fundraising from YOUXEL Ventures, OQAL, and other Saudi angel investors in April. DIGGIPACKS, founded by Hasan Jabarti in 2020, brings together last mile and fulfillment firms to make it easier for retailers to transport their packages. Riyadh-based Diggipacks began operating in the Kingdom of Saudi Arabia in the sphere of e-commerce and retail in 2020,…

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