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4 keys to international expansion

TechCrunch

After an initial success helping Groupon scale internationally via a merger with Rocket’s incubation firm CityDeal, Rocket’s team have aggressively scaled businesses from Algeria to Zimbabwe — sometimes in a matter of weeks. A rush to crush an international competitor caused the demise of a would-be unicorn.

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Gulf states using COVID-19 contact tracing apps as mass surveillance tools, report says

The Verge

A new study analyzing COVID-19 contact tracing apps conducted by Amnesty International has found that Bahrain and Kuwait are using their public health apps as mass surveillance tools. BBC now reports you can opt out of the show if you don’t want to run the risk of being called.).

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Egypt’s Mylerz raises $9.6M for its e-commerce fulfillment service, eyes Africa-wide growth

TechCrunch

As Mylerz expands to Algeria, Tunisia and Morocco, Fawry, its payments partner, will come along to provide electronic payment and cash collection services. Mylerz growth funding round was led by Lorax Capital Partners, an Egypt-based private equity firm with participation from Fawry, one of the biggest e-payment companies in Egypt.

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Tunisian edtech startup GOMYCODE raises $8M to expand across Africa and the Middle East

TechCrunch

Within this timeline, he interned at several companies in Palo Alto, California. In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. Yahya Bouhlel started coding in his early teens. Most of his work revolved around building apps and iPhone games.

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How African startups raised venture capital in 2022

TechCrunch

Outside the top four countries, startups from Ghana, Algeria, Tunisia and Senegal raised the most equity funding. Partech: Nigeria represented 23% of African tech’s total equity funding. South Africa takes the second spot with 17%, Egypt at third at 16%, and Kenya at 15%. Kenya is a close second with $1.1

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Asset financiers to the rescue as Bolt plans to sign-up 200,000 new drivers in Africa to meet growing demand for ride-hailing services

TechCrunch

Russia’s inDriver entered Algeria, as Uber introduced PoolChance , a feature that allows riders heading the same direction to get discounted rides when they share cabs. China’s Didi finally made inroads into the rest of Africa after successfully operating in South Africa.

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Disney Plus keeps pressure on Netflix with launch in 42 more countries this summer

The Verge

It’s a major international expansion. Illustration by Alex Castro / The Verge. Disney is planning to launch Disney Plus in 42 countries and 11 territories this summer, according to The Hollywood Reporter. It’s a significant expansion that could keep the pressure on other streaming services like Netflix and HBO Max.