What is KUL? KUL Review

What is KUL? KUL Review

KUL is an affordable e-commerce platform launched by Noon in the UAE and Saudi Arabia. It was officially launched in September 2019 and is now available on the App Store and Google Play. KUL is a full-category e-commerce platform, mainly focusing on electronics and daily household items.



About KUL


KUL is adopting a similar model to Dubai-based e-commerce platform AWOK, which targets low- and middle-income people in the UAE and Saudi Arabia by offering affordable products.


Noon and KUL are operated by the same team, and their backend systems are unified. The biggest difference is that Noon is positioned as a high-end consumer platform, and the homepage of Noon is full of international brand products, while KUL is positioned as a low-end consumer platform, positioned as the "Wish" of the Middle East, and directly competes with Awok and Dealy, which have been operating in the Middle East for a long time. One attracts high-end consumers, and the other gathers low-end consumers. The launch of KUL looks more like expanding the consumer group to win more users.


KUL will be fully open to Chinese sellers, and 90% of its products are produced in China. In order to obtain more low-priced and cost-effective sources of goods, KUL will further deepen its relationship with Chinese sellers.


Entry conditions


1. Applying for a local VAT tax number is the first threshold for cross-border sellers to enter KUL. KUL will open accounts to all sellers with local VAT tax numbers.


2. All Chinese sellers must use Chinese companies to apply for local VAT in UAE and KSA in advance.


Advantages


1. Sellers with local tax numbers will be able to enter both KUL and Noon platforms, share inventory and use the same backend system.


2. KUL will open an account after obtaining a VAT tax number and return the money to the seller through a P card. This method will ensure the security of funds and KUL's compliance, thereby ensuring the stability and security of the account in the long term.


Development History


-In February 2018, the Noon platform purchased the Kul.com domain name for $38,000, directly competing with Awok and Dealy, owned by JollyChic.


-In September 2019, Noon officially launched the KUL affordable e-commerce platform.

<<:  What is FLYWHEEL? FLYWHEEL Review

>>:  What is Elevate? Elevate Review

Recommend

Amazon's inventory backlog? Shenzhen sales losses exceed 300 million!

It is learned that recently, according to the data...

What is WOTOKOL? WOTOKOL Review

WOTOKOL is a leading global brand overseas marketi...

What is Foxde Forum? Foxde Forum Review

Foxde Forum - China Amazon seller communication pl...

What is GrabOne? GrabOne Review

Launched in July 2010 and now part of NZME, GrabOn...

What is Boost? Boost Review

Boost is the most popular e-wallet in Malaysia. Si...

Best Buy's fourth quarter revenue was $13.95 billion, with AOL revenue up 2.6%

It is learned that on March 4, the US retail giant...

Amazon Review Manipulation Appeal Template (Recommended Collection)

A seller wrote this based on this template, hope ...

How to create a pivot table for Amazon CPC advertising

Advertising is something that every seller will e...

What is eMarketer? eMarketer Review

eMarketer is a world-renowned market research orga...

What is Personengesellschaften? Personengesellschaften review

Partnership company type German company registrati...

Amazon's new policy is about to be implemented! It concerns store safety!

Yesterday, Amazon reminded sellers in the backgro...