Talabat has reported a solid first quarter for 2026, generating a net income of $87 million (AED 319.3 million) on the back of $1 billion in revenue , a 23% increase year-on-year. While net income saw an 18% dip compared to the previous year, the company's Gross Merchandise Value (GMV) surged by 19% to $2.7 billion , driven by aggressive customer acquisition and favorable seasonal timing during Ramadan and Eid. The Dubai-listed firm benefited significantly from shifts to remote work and distance learning across the region, which boosted order volumes for its multi-vertical services. Buoyed by this resilient performance and a less aggressive competitive landscape, Talabat has raised its full-year net income guidance to a range of $300 million–$330 million , signaling high confidence in its growth trajectory for the remainder of the year. (ICE DUBAI)

Fonte notizia: https://www.arabianbusiness.com/