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Launching the “Mazadat” platform for e-commerce in Egypt

The auction platform operating in the field of e-commerce launched the first application of its kind for buying and selling and real-time auctions in the Middle East and Africa.

The auction platform aims to provide innovative and effective solutions in the field of electronic commerce to eliminate many of the challenges of electronic commerce and economic conditions, such as the problems of inflation and economic slowdown, as it allows both individuals and companies to submit their products and offer them for sale or for a digital auction within a specific time frame using artificial intelligence techniques, while Buyers enjoy a variety of offers and services in one place.

Mzadat is developing the electronic commerce and auction platform, the first of its kind, in a modern and appropriate manner to market requirements, which works to enable companies and owners of wholesale and retail stores, in addition to individuals, to buy and sell anything, new or used, through the auction or directly, via The application is fast and safe.

Dr. Karim Badawy, founder and CEO of Mazad, stated, “At Mazad, we provide a faster shopping experience to meet the needs of customers, especially online shopping customers. Auctions' mission is to improve people's lives and affordability, achieve sustainability, stimulate the economy by encouraging reuse, and improve the flexibility of market supply and demand in order to accelerate capital turnover, with the support of investors and the support of an excellent dedicated team, I cannot be More excited to see Auctions successfully launching its platform globally, starting with Egypt, and opening its first logistics centers in Cairo, we are looking forward to the next phase.”

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Launching the e-commerce “auctions” platform in Egypt</p><p>The e-commerce auction platform was launched for the first time through invitations only in late 2021, and the program entered the beta phase. In December of the same year, the program began to release its general release to the public and companies. Currently, auctions can be used through mobile applications for both Android and iOS platforms, in addition to a web application that will be released soon.</p><p>During this short period, Mazad has managed to capture many industries, gaining new users on a daily basis. Auctions offer an innovative, fast, easy, and secure shopping experience. And by providing an auctions center for logistics services in Cairo as the first branch for customer service, the auctions team receives and delivers the goods, examines them, and ensures that the highest levels of safety and quality are available for the seller and buyer, in addition to providing an additional 48 hours for the customer to test and accept the product or submit a request for replacement or refund, even after examining it from the team. Auctions, to achieve the highest levels of customer satisfaction.</p>Also, read Huawei launches a guide to developing networks in the digital age for the year 2022<p>In a related context, Sherif El Mahdy, co-founder and chief operating officer of Auctions, said, “We strive to provide our customers with the best quality standards, by providing an innovative and distinguished shopping experience. In order to provide the best online shopping services to our customers with the highest degrees of excellence, we are establishing a logistical services network, to provide services for receiving, delivering and examining goods, which contributes to providing the highest levels of safety, protection and privacy, and this option was used by our users from the first moment and helped us generate income for the platform from today the first.</p><p> For companies, the transparent business model we offer creates risk-free partnership opportunities for all in order to achieve sustainable growth. In addition, our network of service centers has multiplier advantages, so that companies of all sizes can benefit from a variety of services. A value-added vendor support service in logistics, warehousing and availability.”</p>Also read “Khazna” Company Showcasing Services and Solutions for the Development of the Financial Technology Sector in Egypt<p>“At Mazadat, we develop an easy-to-use and feature-rich application that works using advanced proprietary technologies. Integrated e-commerce in the hands of our users and business partners at no additional cost.” said Temir Aguacel, co-founder and chief technology officer of Auctioneers.</p><p>Our design and technology teams are looking beyond developing mobile apps that build on a great shopping experience. Building an Arabic/English mobile shopping platform with a local culture and using the latest digital technologies was a primary goal of the Mazadate R&D team. In this era, digital transformation, data analytics, and artificial intelligence are key enablers to unlock efficiency, growth, and great user experience.”</p><p>Mzadat intends to expand its operations and network of service centers in Egypt, coinciding with the signing of many strategic partnerships to expand in the Middle East and Africa in the near future. It is worth noting that the company is working on strategic partnerships in order to provide more benefits and innovative options to users.</p></div></p>


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