4Sale International

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Investment Strategy
Industry
Current or past
Date of investment
Transaction Type
Country
Sector
Private Equity
Technology
Current (November 2018)
November 2018
Buyout
Kuwait
Technology - Online Classifieds

NBK Capital Equity Partners Fund II

4Sale International is the leading player in the onlineclassifieds space in Kuwait. The Company acquired Q8car, an automotive online classifieds website, in 2007 and subsequently launched a mobile app for the same activity. In 2014, they acquired 4sale, which at the time was a small generalist classifieds app with low monetization.Since then they have grown 4Sale to be the number one player in Kuwait with over 1.2mn active users per year. The portal has 700k average monthly unique users, predominantly through the mobile app, with over 160k listings/ month.

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