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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. Adopt a “hire slow, fire fast” mentality for your expansion strategy. Complexities and costs will multiply.

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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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MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap

TechCrunch

“For us, our strategy is to build a global team that can think local and execute properly. ” While the acquisition signals MaxAB’s move into Morocco, it also shows the company’s entry into the Maghreb markets — Algeria, Libya, Mauritania, Morocco and Tunisia, where there’s little or no contest.

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

The Verge

The study analyzed a collection of contact tracing apps, which are designed to inform and monitor physical contact between people in the event someone contracts COVID-19, from 11 countries: Algeria, Bahrain, France, Iceland, Israel, Kuwait, Lebanon, Norway, Qatar, Tunisia, and United Arab Emirates. It is an entirely voluntary opt-in app.

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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

The tech giant created a chatbot that some engineers are internally referring to as “Apple GPT,” but Apple has yet to determine a strategy for releasing the AI to consumers. Apple is developing AI tools to challenge OpenAI, Google and others. How does ChatGPT handle data privacy?

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