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Nice One

IPO

Online beauty, cosmetics, and personal-care e-commerce platform (28,000+ SKUs) serving the Saudi and wider GCC market.

Riyadh, Saudi ArabiaFounded 2017
E-Commerce

Nice One (Nice One Beauty Digital Marketing Company) is a Riyadh-based online beauty and cosmetics retailer founded in 2017 by brothers Omar and Abdulrahman AlOlayan, who started by selling perfume via an Instagram account before opening a shop in Buraidah and later headquartering in Riyadh's Al Malqa district. In January 2025 it became the first unicorn tech company to list on the Main Market of the Saudi Exchange (Tadawul: 4193), a ~$322M IPO priced at SAR 35/share that was oversubscribed roughly 139x institutionally.

Founders

Omar AlOlayan

Chief Executive Officer & Co-Founder

Abdulrahman AlOlayan

Vice Chairman & Chief Marketing Officer, Co-Founder

Funding Rounds

IPOJan 2025
$322M

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