Keep supporting great journalism by turning off your ad blocker. In a letter to suppliers, CEO Sarah Jones says the move comes after a failure to raise further capital and an unsuccessful campaign to sell the business Sprii UAE, one of the biggest online shopping platforms “offering everything for mums in Dubai and … It was founded in 2015 by British entrepreneur Sarah Jones who previously worked … I wanted to be on the other side of the table. Have you found it to be more difficult being a female entrepreneur? Sprii chief Sarah Jones is living proof of this. From strollers to diapers and maternity wear to nursery furniture and decor, Sprii’s web and mobile-based marketplace, as the startup claims, sells everything for mums. Bitten by the bug at just 14, Sarah set up a profitable eBay business importing items from across the globe and selling in the UK, igniting a love for eCommerce and developing an acute business mind in the process. It’s also a challenge for the malls to maintain the prices that the online world can deliver with their heavy rents and, in a vertical like ours where mums are stretched for time, online is going to be a game-changer as it’s never a fun experience dragging kids around the malls to scour out daily essentials. Overview; E-commerce market is a growing opportunity. It’s a huge market and one that is shifting online. Interview for RAKBANK with Sarah Jones, Founder of Sprii.com, from the series SHE MEANS BUSINESS! Sarah Jones is living proof of this. Bitten by the entrepreneurial bug at just 14, Jones set up an eBay business importing items from across the globe and selling them in the UK, igniting a love for e-commerce. We’re scaling quickly across all GCC markets, localising our product and tailoring our user experience to the local customer rather than expecting one product to resonate with all nationalities. Entrepreneur Sarah Jones, of Sprii.com, says the experience gave her a sense of independence she never wanted to give up. Photo: courtesy of Sarah Jones. © 2021 ITP Media Group. To date we have still not taken any institutional money. Be passionate. This specialty e-commerce marketplace is the brainchild of Sarah Jones. “A true entrepreneur is a doer, not a dreamer”. Bitten by the bug at just 14, Sarah set up a profitable eBay business importing items from across the globe and selling in the UK, igniting a love for e-commerce and developing an acute business mind in the process. Menabytes cited a letter from founder and CEO Sarah Jones who said: “As a result of our inability to raise further capital to support the ongoing trading of Sprii, coupled with the conclusion of an unsuccessful campaign to sell the business, I have been forced to take significant steps that … We have a lot of very exciting developments that are going to be launched in the next six months”. However, the main question is where the consumer wants to transact. Sprii.com chief Sarah Jones is living proof of this. Focusing on customer experience through the use of technology has been key in scaling as quickly as we have done. Company set-up was harder and more costly, there were less service providers whether that be legal, payment gateways or logistics. I think that the proposed changes to visa rules, and potentially to company formation costs, will continue to help. Jessica Hill. Prior to Sprii, I was working in mergers and acquisitions – I was always working for other people, advising inspiring entrepreneurs on how to grow and sell their companies, but when they left I always had a sense of envy. Be focused. Sprii is an online marketplace which connects mums to their favourite global brands. It’s not on the cards right now, but never say never. Sprii's Sarah Jones. If you end up being an entrepreneur, you were probably born with it in your DNA. The founder of e-commerce site for mums recalls how the business bug caught her at a young age. Sprii chief Sarah Jones is living proof of this. GCC. She started the online store in the year 2014 with the aim of making Sprii a go-to … Sarah Jones, Founder of Sprii.com. Bitten by the bug at just 14, Sarah set up a profitable eBay business importing items from across the globe and selling in the UK, igniting a love for e-commerce and developing an acute business mind in … What more needs to be done in the UAE start-up space to support SMEs? Founded in 2014 by Sarah Jones, Sprii has grown to become the go-to destination for expectant parents in Dubai and the Middle East. However, over the last two to three years a lot has changed, and it’s become an incredibly supportive and collaborative country to scale a business. There was, and still is, a real need in this region, definitely. A placement at Deloitte London followed, which led to a secondment in the Middle East a few years later. Sarah Jones, Founder & CEO, Sprii: Fundraising is a full-time job. ‘A true entrepreneur is a doer, not a dreamer’. Don’t settle for less than what you want. Sprii has been at the forefront of catering to everything for mothers.The Company pioneered the idea of providing everything for mothers. 2016 proved equally successful, winning ‘Online Business of the Year Award’ at the Gulf Capital SME Awards and appearing on Forbes Middle East’s ’50 Of The Most Promising Start Ups’ list. Definitely not. Sprii has hired Guy Wall of Grant Thornton as liquidator. Be tenacious. Founded in 2015 by Sarah Jones, UAE’s Sprii offers a wide selection of everything a parent might need, including clothing, accessories, toys and appliances. The fundraising follows the company’s successful debut into Saudi Arabia earlier this … Checkout Barakatalan for Additional Sprii Discount Codes, Voucher Codes, and Deals. The tagline of the online store, ‘Everything for Mums’ expresses the business objective of Sprii quite clearly. Sprii UAE, one of the biggest online shopping platforms “offering everything for mums in Dubai and the Middle East” has been placed in liquidation. All Rights Reserved. Sprii’s founder and CEO Sarah Jones wrote a letter earlier today to different stakeholders informing them about the decision. About Sarah Jones ‘A true entrepreneur is a doer, not a dreamer’. Sprii’s founder and CEO Sarah Jones wrote a letter to stakeholders informing them about the decision. June 21, 2018. Sarah Jones, CEO of Sprii, an e-commerce platform designed for mothers, said: “During the lockdown, we saw a lot of shopping spikes come between 7 p.m. and 12 … Sprii UAE, one of the biggest online shopping platforms “offering everything for mums in Dubai and the Middle East” has been placed in liquidation.The company, which was founded in 2014 by CEO Sarah Jones and is based in Mazaya Business Avenue in Jumeirah Lake Towers, started with just two employees around a kitchen table, and grew into a multi-million dollar business with a team of … Spotting a gap in the market on arrival, Sarah secured funding for Mini Exchange in a matter of months, growing from an exchange platform for parents to a hugely successful e-commerce venture in just two years. Sarah Jones | Sprii. More and more consumers are going online to compare prices as well as having the convenience of items being delivered. Four years later, an economics degree at Edinburgh University heightened Jones’s financial acumen and competitive nature. For us, raising from strategic investors has been critical as it has opened doors for us and given us an incredibly supportive and connected investor base. Never one to rest on her laurels, in 2016, Sarah turned her attention to growing the brand portfolio to include- “At Home” and Pre/Post Pregnancy “Get Fit” categories, thus paving the way for Mini Exchange to evolve and become the destination providing Everything For Mums. Four years later, a degree in Economics at Edinburgh University beckoned, which not only heightened Sarah’s financial acumen, but also her highly competitive nature! Sha has been the recipient of many awards since the business launched including Small Business CEO of the Year Award, a listing in Arabian Business’s 50 Most Influential Brits in the UAE, Sarah Jones Sarah Jones is the CEO and co-founder of Sprii.com, an online parenting store that provides everything for mothers – from the latest pregnancy products, baby essentials, prenatal yoga kits, up to creating fun family moments together in the kitchen. “A true entrepreneur is a doer, not a dreamer”. Here she chats about her successful journey and being a mom to 1-year old Willow Here she chats about her successful journey and being a mom to 1-year old Willow What I do: I am the CEO and Founder of Sprii.com, an online shopping hub that’s on a mission to provide ‘Everything for Mums’ across the Middle East. Sarah Jones is living proof of this. Early life and education The product mix that mums are searching for on a daily basis is almost unlimited. Sarah Jones. June 21, 2018. We Got Funded: Sprii Raises US$8.5 Million in A Series A Round “The first six months of 2019 have exceeded our expectations,” said Sarah Jones, founder of Sprii. The sole founder of Sprii, Sarah has persevered to help the ecommerce platform … For me, it wasn’t about making money, it was about “doing business” and from a very young age I loved the thrill of buying and selling and eBay gave me the platform to start. Making sure you’re planning your hiring and technology automation well in advance is crucial. Sprii is an online shopping destination in the Middle East for Mums. We’ve been incredibly fortunate to raise substantial sums from both here and Europe. Sarah Jones was in her mid-twenties when she set up Sprii, an e-commerce platform that retails everything for moms. Sprii.com CEO Sarah Jones The marketplace now features more than 850 brands and 44,000 products Have you ever shopped online, say from eBay, to sell it online, on eBay itself - for a profit? SHARE. 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