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Haikou International Duty-Free City Shopping Complex, is the world's biggest stand-alone duty-free store in terms of physical size. Located in Haikou, Hainan, China, the buildings have a total area of 280,000 square meters. [1] [2] Aelia Duty Free – a brand of Lagardère Travel Retail. [3] Comturist – a chain of duty-free stores.
Dubai Duty Free (DDF) is the company responsible for duty-free selling operations at Dubai International Airport and Al Maktoum International Airport. [1] Founded in December 1983, DDF recorded first-year sales of US$20 million. In 2023, its 40th anniversary year, sales turnover reached US $2.16 billion, eclipsing pre-pandemic revenues.
Dubai Duty Free Company announced annual sales of Dhs5.9 billion (US$1.6 billion) in 2012, representing a 10 per cent increase on the previous year. In 2008, Dubai Duty Free doubled its retail space from 7,000 to 15,000 m 2 (75,000 to 161,000 sq ft) with the inauguration of the new Emirates Terminal 3 in October 2008.
Brendan O'Regan established the world's first duty-free shop at Shannon Airport in Ireland in 1947; [6] it remains in operation today. Designed to provide a service for trans-Atlantic airline passengers typically travelling between Europe and North America whose flights stopped for refuelling on outbound and inbound legs of their journeys, it was an immediate success and has been copied worldwide.
The system was a success. Up to this point, it had cost $40 million to develop and install ($412 million in 2023). The SABRE system by IBM in the 1960s was specified to process a very large number of transactions, such as handling 83,000 daily phone calls. [7] The system took over all booking functions in 1964, when the name had changed to ...
DAFZ was established in 1996. It came into being as a part of the Dubai government's strategic plan to make Dubai an investment-driven economy. Today, it is one of the fastest-growing and pioneering free zones in the region, contributing to around 4.7 percent of Dubai's gross domestic product) It allows international investors a completely duty-free business setup and execution of services ...
instashop was founded in 2015 in Dubai by two Greek entrepreneurs, Ioanna Angelidaki and John Tsioris, and is currently led by its CEO, Nikola Cabarkapa. [3] [4] [5]The company's app-based service allows users to order a wide range of daily essentials from supermarkets and local neighborhood retailers, offering both instant (30 to 60 mins) and scheduled delivery options.
User can browse through the app to look for the most suitable service provider (keeping both quality and budget in consideration) and can request an appointment for the same. Some mobile applications use the same app for both customers and providers while some have different apps for both. Various industries have been using such apps with success.