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With ride-hail and delivery launch, Fenix wants to be the Bolt of the Middle East

TechCrunch

The company launched “Fenix Taxi” in Manama, Bahrain, on Monday and says it’s planning to add two additional markets this summer. Fenix launches ride-hailing service in Bahrain. Otherwise, the company is mainly relying on profits from its core micromobility business to fund these new business lines.

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

TechCrunch

In addition to Tunisia, GOMYCODE is present in Bahrain, Morocco, Egypt, Algeria, Ivory Coast, Senegal and Nigeria. On the other end, it also works with business clients that use a study now, pay later plan for their employees. It raised $850,000 seed in October 2020.

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Egyptian health and wellness platform Esaal raises $1.7M to scale across MENA

TechCrunch

Esaal isn’t only in the business of consultations on physical health. Doss said Esaal services are available in 7 other countries across MENA and the GCC: Saudi Arabia, Tunisia, Kuwait, Qatar, Bahrain, Palestine and Iraq. We are proud to see their growth and enjoyed building the business with them throughout the last four years.

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Meituan’s next decade: expands global footprint with focus on retail and AI

TechNode

The strategic shift comes as the company marks its 15th anniversary, aiming to diversify beyond its core food delivery and group-buying businesses. Why it matters: Meituans current business landscape is more complex than ever.