Alexander Kappes of digital marketplace Classifieds Middle East says competition is aggressive at a start-up. Pawan Singh / The National
Alexander Kappes of digital marketplace Classifieds Middle East says competition is aggressive at a start-up. Pawan Singh / The National

Off hours: Classifieds Middle East chief advises start-ups to ‘embrace the constant change’



Alexander Kappes is the chief executive of the digital marketplace Classifieds Middle East, which operates in the UAE, Jordan, Saudi Arabia and Qatar. Mr Kappes began his career in the e-commerce industry after co-founding the Netherlands start-up Fold'n Joy, a bespoke furniture design company that created chairs out of cardboard. He has also worked for corporates such as Daimler and the strategy consultancy FMC, then joined Groupon in 2012 and eventually headed its Middle East operation. In 2015, he launched the UAE delivery service Foodora, which later merged with the regional food-delivery platform Talabat.com. The German-Palestinian lives in Dubai and also spent part of his childhood in Abu Dhabi.

How do you spend your weekend?

I like going out and finding inspiration. I spend the time catching up with friends and my parents who work in tourism and hospitality and have lived in the UAE for 20 years. I don’t like routines and every weekend I try to do at least one thing I haven’t done before. Dubai is an easy place to do that and one of the main reasons I love living here is the constant change. So this weekend I’m going to Autodrome to drive a Lotus on the racetrack and later heading to the Sikka Art Fair in the old town.

How did you become an executive director?

I joined Groupon as a junior manager in the phase before the company went public. The environment at Groupon, which was the fastest growing company ever at the time, was very challenging but I was able to impress the executive management team with my performance and was rewarded with a promotion after three months. I kept working my way up the ranks until I was put in charge as a vice president for emerging markets. Almost exactly a year after I had joined Groupon, I was then asked to lead Groupon’s operation in the Middle East as the CEO.

What is your go-to gadget?

My MacBook Pro. Because I’m available all the time – I work on the weekends and spend a lot of time on social media – it’s with me wherever I go so that I can quickly answer emails. I’ll also watch series or movies on it in bed.

What was the lowest point of your career?

Eight months after launching Foodora, Dubai’s first premium food-delivery business, the investors were determined that investing our budget into European markets would yield higher results and we were asked to merge the operation with our sister company Talabat. Having built Foodora from scratch, this decision was very difficult for my team and I.

What advice would you offer others starting out in your business?

Working for, or launching a tech start-up, is a completely different game. The pace is much higher, the competition is more aggressive and flexible and the playing field changes constantly. Despite this, and maybe because of this, it is also an incredibly rewarding experience. My advice would be to embrace the constant change, surround yourself with a team that complements you, and wow your customers and partners at every point.

What is your most indulgent habit?

I like starting my mornings by having a cup of coffee, listening to some music and enjoying a bit of peace before the day kicks off.

What do you have on your desk at work?

I don’t have anything to distract me, apart from chewing gum because it helps me concentrate.

What book are you currently reading?

The Startup Playbook by David Kidder, which features inspiring interviews and background information on start-ups in various industries.

What car do you drive?

A Porsche 911 Carrera S.

How do you achieve a work-life balance?

By making sure I get the most important things done during the week, or on Friday and Saturday mornings, so I can focus on my personal life for the rest of the weekend.

If you could swap jobs with anyone who would it be and why?

I’d love to work alongside leaders such as Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, but if I’d have to pick something not related to leadership and management, I’d love to switch jobs with Formula One pilot Sebastian Vettel.

business@thenational.ae

Follow The National's Business section on Twitter

UAE currency: the story behind the money in your pockets
The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp

Torque: 730Nm

Price: Dh649,000

On sale: now  

ENGLAND SQUAD

Eoin Morgan (captain), Moeen Ali, Jonny Bairstow, Sam Billings, Jos Buttler, Tom Curran, Alex Hales, Liam Plunkett, Adil Rashid, Joe Root, Jason Roy, Ben Stokes, David Willey, Chris Woakes, Mark Wood

Kibsons%20Cares
%3Cp%3E%3Cstrong%3ERecycling%3Cbr%3E%3C%2Fstrong%3EAny%20time%20you%20receive%20a%20Kibsons%20order%2C%20you%20can%20return%20your%20cardboard%20box%20to%20the%20drivers.%20They%E2%80%99ll%20be%20happy%20to%20take%20it%20off%20your%20hands%20and%20ensure%20it%20gets%20reused%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EKind%20to%20health%20and%20planet%3C%2Fstrong%3E%3Cbr%3ESolar%20%E2%80%93%2025-50%25%20of%20electricity%20saved%3Cbr%3EWater%20%E2%80%93%2075%25%20of%20water%20reused%3Cbr%3EBiofuel%20%E2%80%93%20Kibsons%20fleet%20to%20get%2020%25%20more%20mileage%20per%20litre%20with%20biofuel%20additives%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ESustainable%20grocery%20shopping%3C%2Fstrong%3E%3Cbr%3ENo%20antibiotics%3Cbr%3ENo%20added%20hormones%3Cbr%3ENo%20GMO%3Cbr%3ENo%20preservatives%3Cbr%3EMSG%20free%3Cbr%3E100%25%20natural%3C%2Fp%3E%0A
The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950

DEADPOOL & WOLVERINE

Starring: Ryan Reynolds, Hugh Jackman, Emma Corrin

Director: Shawn Levy

Rating: 3/5

Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

The Intruder

Director: Deon Taylor

Starring: Dennis Quaid, Michael Ealy, Meagan Good

One star

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
Scorebox

Sharjah Wanderers 20-25 Dubai Tigers (After extra-time)

Wanderers

Tries Gormley, Penalty

Cons Flaherty

Pens Flaherty 2

Tigers

Tries O’Donnell, Gibbons, Kelly

Cons Caldwell 2

Pens Caldwell, Cross

Tottenham's 10 biggest transfers (according to transfermarkt.com):

1). Moussa Sissokho - Newcastle United - £30 million (Dh143m): Flop

2). Roberto Soldado - Valencia -  £25m: Flop

3). Erik Lamela - Roma -  £25m: Jury still out

4). Son Heung-min - Bayer Leverkusen -  £25m: Success

5). Darren Bent - Charlton Athletic -  £21m: Flop

6). Vincent Janssen - AZ Alkmaar -  £18m: Flop

7). David Bentley - Blackburn Rovers -  £18m: Flop

8). Luka Modric - Dynamo Zagreb -  £17m: Success

9). Paulinho - Corinthians -  £16m: Flop

10). Mousa Dembele - Fulham -  £16m: Success