BinDawood

What BinDawood does

BinDawood Holding is a publicly listed Saudi Arabian retail conglomerate headquartered in Saudi Arabia and traded on Tadawul under the ticker BDH since October 21, 2020. The group operates a multi-brand grocery retail platform consisting of two principal chains — BinDawood (positioned for value and broad accessibility with 26 hypermarkets and supermarkets) and Danube (premium positioning emphasizing fresh and international products) — supplemented by quick-commerce delivery services BinDawood Dash and Danube Dash, plus portfolio entities IACo and Ykone. In 2025 the group opened its first international store in Bahrain, and in 2023 it acquired the Zahrat Al Rawdah pharmacy chain for SAR 441.1 million, extending into the pharmacy vertical.

The business model is primarily direct-to-consumer grocery retail across physical hypermarkets and supermarkets, complemented by owned e-commerce platforms and native iOS/Android applications that enable home delivery. Revenue is generated through one-time retail transactions (physical and online grocery sales) under the BinDawood and Danube banners, with a transaction-fee-style model on the Dash delivery platforms, and through the recently acquired Zahrat Al Rawdah pharmacy operations. The customer base consists of individual Saudi shoppers seeking either value-focused grocery assortments (BinDawood) or premium international products (Danube), with a horizontal segmentation across everyday, fresh, and specialty categories.

Operationally, BinDawood Holding runs a shared-services retail technology infrastructure spanning e-commerce, mobile applications, and in-store systems, with no disclosed proprietary AI/ML components, APIs, or SDKs. The company employs approximately 13,000+ people across its six operating brands, draws on over 50 years of Saudi heritage (35 years specifically in grocery retail), and maintains active investor relations including annual reports, dividend disclosures, and ESG reporting consistent with its public-company status.

Name

BinDawood

Legal name

BinDawood Holding

Website

https://bindawood.com

Company type

Public

Operating status

Operating

Headcount range

251–500 employees

Short description

BinDawood Holding is a publicly listed Saudi retail conglomerate operating 26 BinDawood and Danube hypermarkets and supermarkets, BinDawood Dash and Danube Dash quick-commerce platforms, the Zahrat Al Rawdah pharmacy chain, and related brands, serving individual grocery shoppers across Saudi Arabia and Bahrain.

Ownership category

akta.pro rank

Headquarters

HQ city

Saudi Arabia

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Retail Store Sales: Revenue generated from physical retail operations through hypermarkets and supermarkets under BinDawood and Danube brands
2. E-commerce Sales: Online grocery sales through Danube Dash and BinDawood Dash platforms with delivery services
3. Pharmacy Operations: Revenue from acquired Zahrat Al Rawdah pharmacy chain

Go-to-market motion1 record

Distribution channels4 records

Marketing channels2 records

Core offering

BinDawood Holding operates grocery retail through two principal chains—BinDawood (value-focused hypermarkets and supermarkets) and Danube (premium international products)—supplemented by quick-commerce delivery services (BinDawood Dash and Danube Dash), a pharmacy retail chain (Zahrat Al Rawdah), and additional portfolio brands (IACo, Ykone). The company sells groceries, fresh produce, household essentials and pharmacy items through 26 physical stores across Saudi Arabia, owned e-commerce platforms, and native mobile applications, with recent geographic expansion into Bahrain.

Product overview

BinDawood Holding operates a multi-brand retail platform consisting of two main retail chains (BinDawood and Danube) along with quick commerce delivery services (BinDawood Dash and Danube Dash) and other portfolio brands (IACo, Ykone). The company operates 26 hypermarkets and supermarkets across Saudi Arabia, offering grocery retail through both physical stores and e-commerce platforms, with a focus on value-for-money offerings (BinDawood) and premium international product selection (Danube).

Differentiator

Problem solved

Functional benefit

Brands

• BinDawood: One of Saudi Arabia's most popular grocery retail brands with 26 easy-to-access hypermarkets and supermarkets. Focuses on excellent value for money and outstanding customer service.
• Danube

Products and services

• BinDawood retail chain Grocery retail chain of 26 hypermarkets and supermarkets across Saudi Arabia offering value-for-money groceries and household essentials to individual consumers.
• Danube retail chain Premium Saudi Arabian grocery chain offering fresh, diverse and international products to consumers seeking differentiated assortment and higher-quality groceries.
• BinDawood Dash Quick commerce delivery service under the BinDawood brand enabling fast online grocery ordering and delivery for individual consumers.
• Danube Dash Quick commerce delivery service under the Danube brand enabling fast online ordering and delivery of premium groceries for individual consumers.
• Danube mobile application (iOS and Android) Native Danube mobile application for iOS and Android enabling online grocery shopping and delivery for premium-segment consumers.
• IACo Operating subsidiary within BinDawood Holding focused on retail operations supporting the group's portfolio.
• Ykone Operating subsidiary within BinDawood Holding focused on retail and technology solutions supporting the group's operations.
• BinDawood mobile application (iOS and Android) Native BinDawood mobile application for iOS and Android enabling online grocery shopping and delivery for value-segment consumers across Saudi Arabia.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• Zahrat Al RawdahcoreOthers · 1 January 2023BinDawood Holding acquired Zahrat Al Rawdah pharmacies with deal value of SAR 441.1 million, expanding the company's presence in the pharmacy retail segment.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Panda Retail (Savola Group): Panda is one of the largest grocery retail operators in Saudi Arabia, running hypermarkets and supermarkets across the Kingdom under Savola Group. Directly comparable as a major competitor in the same KSA market with similar omnichannel strategy and product mix.
• Carrefour Saudi Arabia (Majid Al Futtaim): Carrefour KSA, operated by Majid Al Futtaim, is one of the largest grocery retailers in Saudi Arabia with extensive hypermarket and supermarket presence. Directly comparable as a major multi-category grocery competitor serving the same Saudi customer base.
• Lulu Hypermarket: Lulu Group International is a UAE-headquartered hypermarket operator with substantial presence across Saudi Arabia, offering groceries, household goods, and electronics. Directly comparable as a multi-format hypermarket chain competing for the same Saudi grocery basket.
• Tamimi Markets: Tamimi Markets is a Saudi Arabian supermarket chain known for fresh produce, household essentials, and value-positioned groceries. Directly comparable as a KSA-based grocery retailer with a physical-store-led business model serving similar household shoppers.
• Farm Superstores: Farm Superstores is a Saudi Arabian supermarket chain offering fresh produce, groceries, and household goods across multiple locations in the Kingdom. Directly comparable as a KSA-based grocery retailer with a hypermarket-style format and similar everyday essentials assortment.
• Abdullah Al Othaim Markets: Othaim Markets is a major Saudi Arabian grocery and general merchandise retailer operating hypermarkets and supermarkets across the Kingdom. Directly comparable as a domestic hypermarket peer with similar value positioning and product breadth.
• Al Raya Markets: Al Raya Markets is a Saudi Arabian hypermarket and supermarket chain operated by Fawaz Abdulaziz Alhokair. Directly comparable as a domestic grocery competitor operating multi-format stores in the same KSA market with overlapping product categories.

Regional players

• Union Coop (UAE): Union Coop is a UAE-based cooperative retailer operating hypermarkets and supermarkets across Dubai. Regional comparable as a Gulf-region grocery retailer with a similar multi-format approach and emphasis on value and household essentials.
• Al Meera Consumer Goods Company (Qatar): Al Meera is a Qatari supermarket and hypermarket chain listed on the Qatar Stock Exchange, operating a network of grocery stores across the country. Regional comparable as a Gulf-region grocery retailer with multi-format operations and similar everyday consumer staples focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/bindawood-superstores

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BinDawood