Riyadh - Sharikat Mubasher: The Saudi-based online cosmetics retailer Nice One plans an initial public offering (IPO), joining a number of Saudi startups, including Floward, Tabby, and Tamara.

The company is in ongoing talks about the size and timing of the IPO, people familiar with the matters told Bloomberg.

Nice One, founded in 2016, is one of the largest online cosmetics retailers in Saudi Arabia and the Middle East.