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Ninja

Transportation · Riyadh, Saudi Arabia · Founded 2022

Ninja is a Saudi Arabia-based quick commerce (q-commerce) startup founded in 2022 by Ebrahim Al-Jassim, the founder of HungerStation, along with Saud Al Qahtani and Canberk Donmez. The company operates an on-demand delivery app that provides groceries, fresh produce, beauty products, household essentials, and pharmacy items in under 30 minutes. The business model relies on a network of strategically located "dark stores," which are fulfillment centers not open to the public, combined with a proprietary operating system that manages technology, supply chain, and instant delivery logistics. This allows Ninja to offer rapid delivery services 24 hours a day. The company makes money by marketing and selling a wide range of products through its mobile application, serving B2C customers looking for convenience and speed. Launched in Riyadh, Ninja quickly expanded its operations across Saudi Arabia and into other GCC countries, including Bahrain, Qatar, and Kuwait. In January 2023, the company raised a pre-seed round led by Bunat Ventures. By July 2025, Ninja secured a $250 million pre-IPO funding round led by Riyad Capital, which elevated its valuation to $1.5 billion and conferred it unicorn status. The company has achieved operational profitability and is preparing for a public listing on the Saudi Exchange (Tadawul) by 2027. Keywords: quick commerce, q-commerce, grocery delivery, on-demand delivery, dark store, last-mile delivery, e-commerce, retail technology, Saudi Arabia, GCC, food delivery, mobile application, convenience retail, essential goods, online supermarket