The Dubai classifieds giant cites strategic review amid volatile conditions.
Dubai’s leading online marketplace, Dubizzle, has postponed its highly anticipated initial public offering, citing a need for further evaluation of market conditions and timing.
The decision marks a rare pause in Dubai’s otherwise active IPO scene, where strong investor demand has fueled recent listings.
Company officials said the delay will allow for strategic adjustments to maximize long-term shareholder value and ensure sustainable growth following the launch.