COFE App, a Kuwaiti-based online coffee marketplace, announced its acquisition of Sippy LTD (Sippy Beans). Sippy Beans focuses on specialty coffee via an e-commerce platform and mobile application. Sippy Beans’ local specialty coffee marketplace connects coffee drinkers and independent cafes to specialty roasters from the UAE and around the world.
Sippy beans was founded in 2019 by Rafi Dikranian, Zouheir Fathallah, and Shehzeen Jamil.
The acquisition will further facilitate COFE App’s ambitious growth strategy, as the startup continues to expand its presence in the region, with the launch of its first e-commerce feature COFEstore, on the app. The new feature will champion digital innovation, serving the entire value chain and giving customers quick access to a wide range of international and artisanal coffee brands as well as equipment and the latest accessories, carefully curated for coffee connoisseurs or for beginners to inspire and help them become their own barista at home.
“As people continue to work from home, the demand for home brewing is only increasing. Our mission is to provide coffee lovers with an easy online experience that meets all your coffee-related needs, delivering value and convenience at every step of your coffee journey. The focus has shifted from the spread of international chains to the rise of specialty coffee roasters; where loyalty, quality, and personalized service are the harbingers of success. And now adding e-commerce to this mix is going to herald an exciting future for the industry with COFE App at the very center,” said COFE App Founder and CEO, Ali Al Ebrahim.
The startup also recently partnered with leading Colombian coffee producer and distributor Palmeto Inversiones. As part of the deal, Palmeto Inversiones will supply specialty Colombian coffee. The contract signing, took place at the Colombian Pavilion of Expo 2020 Dubai, was attended by the Colombian Ambassador and the Governor of Bojacá.
“The team and I are ecstatic to be able to join such a progressive startup. Aligning our passion and vision for the coffee industry and having the opportunity to combine our expertise will prompt us to reach great heights in the industry.” shared Shehzeen Jamil, Head of COFEstore on COFE App.
With this new power partnership, COFE App and SippyBeans will be able to provide a consolidated digital marketplace for all the Coffee needs and accessories. In doing so, the startup is empowering individuals to engage with coffee on their own terms and create their own blends autonomously.
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