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$936M From Flowers: Abdulaziz Al Loughani’s Floward ?

Introduction

In an extraordinary journey, Abdulaziz Al Loughani transitioned from living on just $ 1,000 a month to establishing a flourishing flower business valued at an impressive $ 936 million. As the co-founder and CEO of Floward, a prominent floral and gifting services platform, Al Loughani has showcased how innovation and entrepreneurship can lead to remarkable success.

Abdulaziz began his entrepreneurial journey in the mid-2000s when he co-founded an online food ordering platform called Talabat. His strategic insights and hard work with Talabat set the stage for even greater ventures. In 2017, he launched Floward alongside his partner Muhammad Al Arifi in Kuwait. Focusing on quality and customer service, Floward quickly gained traction in the market.

By 2022, Floward had achieved significant milestones, such as over 1 million app downloads and the delivery of 50 million flower stems. The company formed partnerships with more than 400 brands, further solidifying its presence in the floral industry. In a testament to its widespread appeal and success, Floward expanded its operations to 36 cities across nine countries by 2023.

As Floward continues to grow, the company recently raised $ 156 million in its latest funding round, reaching a remarkable valuation of $ 936 million and generating an annual revenue of $ 152 million. Abdulaziz Al Loughani’s inspiring story serves as a prime example of how dedication and innovative thinking can blossom into extraordinary business success.


Keyword

  • Abdulaziz Al Loughani
  • Floward
  • $ 936 million
  • Entrepreneur
  • Talabat
  • Flower business
  • App downloads
  • Partnerships
  • Funding
  • Annual revenue

FAQ

Q: Who is Abdulaziz Al Loughani?
A: Abdulaziz Al Loughani is the co-founder and CEO of Floward, a successful floral and gifting services platform.

Q: What is Floward?
A: Floward is a flower delivery and gifting services platform that has gained significant traction and success since its launch in 2017.

Q: What were Abdulaziz's initial earnings?
A: Before his success, Abdulaziz Al Loughani lived off $ 1,000 a month.

Q: When was Floward founded?
A: Floward was launched in 2017.

Q: How many cities does Floward operate in?
A: Floward has expanded to 36 cities across nine countries.

Q: What was Floward's valuation in the latest funding round?
A: Floward raised $ 156 million in its latest funding round, reaching a valuation of $ 936 million.

Q: How many flower stems did Floward deliver in 2022?
A: Floward delivered 50 million flower stems in 2022.