How An Indian Immigrant Built A $8.4B Supermarket From The Middle East

Will Lulu become the next Walmart?

Lulu Hypermarkets just made history with a record-breaking IPO, attracting $37 billion in investor demand, the largest non-government IPO in the UAE in the last decade.

But how did this Middle Eastern supermarket chain, started by a M.A. Yusuff Ali, become an $8.4 billion retail giant? This video breaks down Lulu’s rise from a single store in Abu Dhabi to beating Carrefour and Spinneys in market share.

You’ll see how smart pricing, global sourcing, and unique customer experiences helped Lulu dominate the Gulf retail market and expand around the world. With plans to expand into Europe, India, and beyond, can Lulu become the next Walmart?

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