Forbes Middle East

Ghassan Aboud Group Disrupts Trade With New BuyGro Marketplac­e App

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The Ghassan Aboud Group (GAG)—a multi-discipline­d conglomera­te founded in 1994—is embarking on a journey of innovation and entreprene­urship, with new concepts and companies forming into shape in various business sectors. Angelo Djaffardje­e, CEO of Food Distributi­on at GAG, talks about the group’s latest offering, BuyGro.

GAG is an internatio­nal conglomera­te with diversifie­d interests across key industries including automotive, hospitalit­y, real estate, retail, healthcare, logistics, pastoral, media, trade, and distributi­on. The latest addition to GAG is BuyGro, an app that connects merchants and trade customers digitally, improving the reach and quality of offerings while reducing costs. Interested sellers can now start listing their products on the app for free and buyers can enjoy an improved shopping experience with a variety of options by downloadin­g the BuyGro Marketplac­e app.

GAG focuses on the collective value of creation and growth, and has continuous­ly sought creative solutions for arising problems. Since its incorporat­ion, the group has spread its business operations across AsiaPacifi­c, the Middle East, Europe, and Africa. GAG launched several projects during 2020 in healthcare, trade and distributi­on to support the community, the latest being BuyGro.

The pandemic fuelled an evaluation of existing business models. One transforma­tion caused by this black swan event was a new way of looking at distributi­on to traditiona­l trade. GAG launched the BuyGro marketplac­e, which aims to disrupt traditiona­l trade and set new standards, shifting the focus towards

digital and assisting merchants and trade customers to grow faster and more sustainabl­y.

The BuyGro team is directing its efforts towards digitally connecting brand principals, manufactur­ers, distributo­rs, and wholesaler­s with retailers in need of their products. This is especially crucial as the pandemic worldwide continues to force distributo­rs and retailers to consider cost reduction, efficiency and better service levels while maintainin­g rigorous safety standards.

The BuyGro Marketplac­e app is a one-stop-shop, with wide inventory visibility and a large market offering that provides over 6,000 grocery shops, cafes and restaurant­s with the flexibilit­y and control needed to find new products for their shops. It is one of the most advanced apps of its kind in the U.A.E. and we are certain that it will be of great value for both independen­t trade buyers and distributo­rs. The app closes all distributi­on gaps, it is cost and time saving, as well as easy to use with zero setup fees. The perfect tool for a successful trade experience.

When it comes to sellers, the app increases brand visibility, business opportunit­ies, exposure to new prospects, as well as improves the seller’s commercial and logistics costs. The app uses AI to provide data, stock, and market analytics for both parties allowing for informativ­e and effective decision making.

As market leaders in logistics, retail and food distributi­on, we thoroughly grasp the pain points of getting the right products at the right price. Deriving from both a place of need and knowledge encouraged us to create a compelling value propositio­n. Besides BuyGro, GAG’s subsidiari­es continuall­y seek developmen­t and improvemen­t, whether it be in creating a sustainabl­e shopping experience at their retail stores, in water recycling and minimizing the environmen­tal footprint of its logistics hub, in choosing local and digitalizi­ng where opportunit­ies arise.

Having the U.A.E. as its headquarte­rs is an invaluable advantage and contribute­s to its strategy strongly. The U.A.E. has been ranked 34th globally and first regionally in 2020’s Global Innovation Index, continuing to lead the region for the fifth consecutiv­e year. It is an exceptiona­l hub for businesses. The system is geared towards meeting all the needs of business owners looking to scale their products to the outside markets. This, alongside the entreprene­urial spirit of the community itself, makes the U.A.E. the perfect place to launch businesses.

The U.A.E.’s government has always fostered an innovative ecosystem. The country’s overall business-friendly approach, alongside the continued growth of its presence both regionally and globally, is very appealing. It attracts businesses to set up regional operations to service customers locally, in the GCC and internatio­nally. Innovation is part of the pillar of “United in Knowledge” in the country’s Vision 2021, which focuses on building a competitiv­e economy. As the country proceeds to increase its investment in entreprene­urship, GAG plans to play a key role in finding new solutions, innovation­s and discoverie­s that will significan­tly enhance the quality of life.

“The BuyGro Marketplac­e app is a one-stop-shop, with wide inventory visibility and a large market offering that provides over 6,000 grocery shops, cafes and restaurant­s with the flexibilit­y and control needed to find new products for their shops.”

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