John Tsioris
NationalityGreek
EducationTechnical University of Crete in Greece
Known forco-founder of Instashop

John Tsioris is a Greek entrepreneur and the founder and CEO of Instashop, a Dubai-based grocery e-commerce platform.[1][2]

Education

Tsioris received his education from the Technical University of Crete in Greece, where he studied production engineering and management in 2008.[3]

In 2011, he got Master of Science in Business Administration from Rotterdam School of Management, Erasmus University.[4]

Career

After completing his studies, he started his professional career, leading the global competitive intelligence of PHILIPS CL for two years until 2013 and set up the marketing Intelligence department for the Middle East & Turkey Lighting organization.[5]

In 2013, Tsioris moved to Dubai,[6] where in November with Ioanna Angelidaki they co-founded Vound app, a voice social network that allows users to create and share their voice combined with a photo, where he served as CEO.[7][8] The project was closed after 17 months.[9]    

He co-founded Instashop in June 2015, serving only a part of Dubai Marina.[10][11][12] Using the same team behind Vound, Tsioris and Angelidaki started developing Instashop.[13] The company raised in funds from Athens-based VentureFriends and Dubai-based Jabbar Internet Group.[14]

In 2016 his company raised an undisclosed amount of funding from Souq.com, the region's e-commerce major.[15]

Until 2018, InstaShop has expanded from the UAE to Qatar, Egypt, Lebanon and Bahrain and was nominated one of the region’s most promising start-ups to watch by Forbes Middle East.[16][17]

As of the second quarter of 2020, his company has generated $300 million in gross merchandise value, with 500,000 active users in five countries across the Middle East.[18]

His company was acquired by German food ordering and delivery company Delivery Hero in 2020 for $360 million. InstaShop continues to work as an independent platform led by him and Angelidaki.[19][20][21] 

In June 2021, Tsioris met with Prime Minister Kyriakos Mitsotakis to discuss the future of innovation and the technology ecosystem in Greece.[22]

References

  1. ↑ "John Tsioris - Author Biography". Entrepreneur. Retrieved 2023-05-31.
  2. ↑ Thomas, Aby Sam (2020-10-18). "Driving Results: InstaShop Founder And CEO John Tsioris Wants His Work To Speak For Itself". Entrepreneur. Retrieved 2023-05-31.
  3. ↑ Konti, Despina (2022-02-18). "The people behind successful Greek startups | eKathimerini.com". www.ekathimerini.com. Retrieved 2023-05-31.
  4. ↑ "John Tsioris - Author Biography". Entrepreneur. Retrieved 2023-05-31.
  5. ↑ "How did InstaShop win over 350,000 monthly active users?". gulfnews.com. 2019-10-29. Retrieved 2023-05-31.
  6. ↑ "InstaShop Growth Story: the One-Stop-Shop Fuelled by Dubaians' Culture of Convenience". Lucidity Insights. Retrieved 2023-05-31.
  7. ↑ "John Tsioris - Author Biography". Entrepreneur. Retrieved 2023-05-31.
  8. ↑ "John Tsioris | Entrepreneur | | Endeavor Greece". www.endeavor.org.gr. Retrieved 2023-05-31.
  9. ↑ East, Forbes Middle. "Ioanna Angelidaki, Co-Founder Of InstaShop, Is Riding The Wave Of An E-Commerce Boom". Forbes ME. Retrieved 2023-05-31.
  10. ↑ Thomas, Aby Sam (2020-10-18). "Driving Results: InstaShop Founder And CEO John Tsioris Wants His Work To Speak For Itself". Entrepreneur. Retrieved 2023-05-31.
  11. ↑ Hariharan, Sindhu (2016-10-31). "UAE-Based Online Grocery Startup InstaShop Raises Funds From Souq.Com". Entrepreneur. Retrieved 2023-05-31.
  12. ↑ Konti, Despina (2022-02-18). "The people behind successful Greek startups | eKathimerini.com". www.ekathimerini.com. Retrieved 2023-05-31.
  13. ↑ Gnana, Jennifer (2020-02-16). "Generation Start-up: Instashop eyes global expansion for its grocery delivery app". The National. Retrieved 2023-05-31.
  14. ↑ "John Tsioris - Author Biography". Entrepreneur. Retrieved 2023-05-31.
  15. ↑ Hariharan, Sindhu (2016-10-31). "UAE-Based Online Grocery Startup InstaShop Raises Funds From Souq.Com". Entrepreneur. Retrieved 2023-05-31.
  16. ↑ "How did InstaShop win over 350,000 monthly active users?". gulfnews.com. 2019-10-29. Retrieved 2023-05-31.
  17. ↑ "InstaShop Growth Story: the One-Stop-Shop Fuelled by Dubaians' Culture of Convenience". Lucidity Insights. Retrieved 2023-05-31.
  18. ↑ Thomas, Aby Sam (2020-10-18). "Driving Results: InstaShop Founder And CEO John Tsioris Wants His Work To Speak For Itself". Entrepreneur. Retrieved 2023-05-31.
  19. ↑ "Global F&B Company Delivery Hero Acquires Dubai-born InstaShop for $360M". Startupscene. Retrieved 2023-05-31.
  20. ↑ PYMNTS (2020-08-27). "Delivery Hero Acquires Online Grocer InstaShop As Revenues Surge". www.pymnts.com. Retrieved 2023-05-31.
  21. ↑ Lunden, Steve O'Hear and Ingrid (2020-08-27). "Delivery Hero picks up InstaShop in $360M deal to expand in groceries in the Middle East". TechCrunch. Retrieved 2023-05-31.
  22. ↑ Newsroom (2021-06-15). "PM meets with Instashop founder | eKathimerini.com". www.ekathimerini.com. Retrieved 2023-05-31.
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