Freedom Holding Corp. has acquired a majority stake in online supermarket Arbuz, aiming to diversify its portfolio and enter the growing e-commerce sector.

Information on the Target

Freedom Holding Corp., a prominent player in the financial services sector, has strategically acquired a majority stake in Arbuz, an innovative online supermarket. This acquisition is expected to bolster Freedom Holding's diversification into the consumer goods market, leveraging Arbuz's established platform and customer base.

Arbuz offers a wide range of products, from groceries to household essentials, emphasizing convenience and quality. The strategic partnership aims to enhance Arbuz's logistics and operational efficiencies while expanding its reach across various demographic segments.

Industry Overview in the Target’s Specific Country

The e-commerce industry in the country where Arbuz operates is experiencing significant growth, driven by increasing internet penetration and consumer preference for online shopping ch