TechCrunch

FEBRUARY 3, 2022

Founded in October 2021, Pluto’s first product is a card designed to help businesses digitize their cash spend. And today, the company is announcing that it’s just closed a $6 million seed round led by Global Founders Capital that included participation from firms such as Soma Capital, Graph Ventures, Adapt Ventures and OldSlip group.

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TechCrunch

OCTOBER 7, 2021

Riiid has said it will continue to fuel its global expansion with the funding. . The exceptional capacity of Langoo in its local business with Riiid Tutor was the main reason for this acquisition,” said co-founder and CEO of Riiid YJ Jang. Riiid has been actively penetrating the global market since 2020 after it opened the U.S.

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TechCrunch

AUGUST 27, 2021

The company offers keyboard and social app stickers through ad-supported mobile apps on iOS and Android, but it’s recently focused more on providing stickers to developers, creators and other online businesses. Stipop was the first Korean company to go through Yellow, Snapchat’s exclusive accelerator.

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TechCrunch

OCTOBER 12, 2022

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 The company, which allows e-commerce businesses to scale and grow by targeting businesses with limited bank or venture financing access, is announcing that it has raised $3.6 billion in the next three years.

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TechCrunch

MARCH 8, 2021

According to Momtaz, the startup’s CEO, the food aggregation industry usually takes about 25%-30% average commission from F&B players for business to start to make sense. Because of its original business model, Koinz had to iterate several times. Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE.

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TechNode

MAY 30, 2024

On Wednesday, Chinese PC maker Lenovo announced a strategic partnership with Alat, a subsidiary under Saudi Arabia’s Public Investment Fund (PIF) focused on transformative technology investments and sustainable manufacturing, with Alat proposing a $2 billion zero coupon convertible bonds investment in Lenovo.

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TechCrunch

FEBRUARY 28, 2022

Volopay, founded by Shaji and the startup’s chief technology officer Rajesh Raikwar , wants to disrupt traditional business banking and offer companies a control center for all their financial management needs without the hassle and limitation of a traditional bank. . The executive did not provide Volopay’s valuation. .

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TechNode

APRIL 28, 2024

Chinas food delivery giant Meituan is hiring Arabic- and English-proficient talent for its likely entry into Riyadh, the capital of Saudi Arabia, as the company puts expansion beyond China on its agenda as domestic consumption falls.

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TechCrunch

APRIL 17, 2023

The global management consulting industry is worth billions of dollars but to this day it’s been tough to disrupt with technology. so far from Fatima Gobi Ventures and angels including Gokul Rajaram (DoorDash board member), the former Global CFO of PepsiCo and two managing partners of large consulting firms.

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TechCrunch

AUGUST 10, 2022

Prosperity7, the venture capital arm of Saudi Arabia’s state oil company Aramco, led the new capital infusion. The fund has been actively scouring for opportunities in and around China that can scale globally and particularly in the Middle East.

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TechCrunch

FEBRUARY 6, 2023

Khairy told TechCrunch that since the startup’s launch, growth has been exponential and they have so far served over 7,000 businesses reaching 20 million customers. to give us access to Europe, and Saudi Arabia for the GCC region,” said Khairy. “We Gameball’s expansion drive is backed by a $3.5

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TechCrunch

AUGUST 23, 2022

Canada, Saudi Arabia and Turkey, plans to expand to Latin America this financial year and is also exploring a debut in Japan, said Sreevathsa Prabhakar, founder and chief executive officer of the startup, in an interview. India, the world’s second largest smartphone market, accounts for 60% of Servify’s business, he said.

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TechCrunch

JUNE 28, 2022

Vezeeta’s business has evolved from the “Uber for Ambulance” model it launched in 2012 to what it is now: a subscription-based doctor booking and consultation platform. Other platforms globally, as reported by Layoffs.fyi , include the likes of PharmEasy, Sami and Truepill. .

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TechCrunch

MAY 30, 2022

This downsizing from the Dubai-based startup adds to the long list of global cross-stage layoffs in what has been a rough month for tech employees. It’s been a very busy 18 months for SWVL leading up to this news. – B2C business is also expected to be contribution margin positive before the end of 2022.

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TechCrunch

JANUARY 17, 2023

PayPal Ventures, the global corporate venture arm of PayPal, is one of the participating investors (this marks its first investment in the Gulf Cooperation Council (GCC) but second in the MENA region after Egyptian fintech Paymob ). The investors co-led the fintech’s Series B extension round last June. .

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TechCrunch

MARCH 22, 2022

When it raised in September, Jeeves — which describes itself as “an all-in-one corporate card and expense management platform for global startups” — was valued at $500 million. The company says it provides the underwriting, credit in local currency and the payment rails “for any business spend across countries and currencies.”

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TechCrunch

MAY 31, 2022

Similar upstarts such as Rabbit have operations in Egypt and Saudi Arabia, while older players like Breadfast , though only operational in Egypt, runs more than 50 dark stores. . Africa’s fragmented retail market creates a solid business case for q-commerce models like Appetito, said the CEO. “We

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TechCrunch

JUNE 9, 2022

The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and Saudi Arabia. While there are various jobs in every facet of life, tech jobs are currently in high demand in the global economy these days.

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TechCrunch

JANUARY 18, 2022

Christine Tsai is the CEO and founding partner of 500 Global. This was another blockbuster year for global venture funding, with 2021 breaking records across the board. Last year, a total of $643 billion was invested globally, according to Crunchbase News , compared with $335 billion in 2020 – that’s 92% growth year over year.

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The Verge

DECEMBER 23, 2020

Selling vehicles in Europe was an explicit goal of Byton, which was also founded in China but fancied itself as a “global automaker,” with offices in Germany and the US. Public offerings, global expansions — these were all goals of startups that faltered. Turning down money, in this economy?

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TechCrunch

MARCH 27, 2022

billion last year — up 153% year-over-year in terms of global VC deal value. It also operates in the corporate spend and expense management space, with more of a global footprint and infrastructure component. It’s also eyeing Southeast Asia and potentially Saudi Arabia and Africa. That remains to be seen.

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TechCrunch

AUGUST 28, 2022

Higher interest rates mean far fewer purchases and refinances — and lots of business for fintechs operating in the real estate industry. This led to a boom in business for startups catering to home buyers. As we all know, the housing market goes through cycles. Low interest rates mean more purchases and refinances.

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TechCrunch

OCTOBER 27, 2022

It was one of the largest of that stage, and things seemed to be going well with the company until it laid off multiple employees between June and July, citing global macroeconomic trends. The company had planned to raise a follow-on round to address its struggles but met a challenging fundraising environment.

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The Verge

JULY 23, 2021

But as you might imagine, civil liberties groups aren’t happy about the spyware-for-hire business, and restricting the business to government clients does little to quiet their concerns. According to Forbidden Stories , NSO’s contract with Saudi Arabia alone is worth up to $55 million. Wait, who made this list?

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TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Quite naively, I thought there are plenty of Muslims who own businesses, surely they face the same problem,” he said. As a practicing Muslim, however, Martin couldn’t use conventional loans.

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Fast Company Tech

FEBRUARY 21, 2025

Iris Bohnet is a professor of business and government at Harvard Kennedy School and co-director of the Women and Public Policy Program. They also inspired hundreds of other BBC content-creating teams to join them in what has globally become 50:50 The Equality Project. Whats the big idea? Drivers do the same.

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TechCrunch

AUGUST 11, 2023

Yaccarino will be leaving her role as chairman of Global Advertising & Partnerships at NBCU. Our data licensing and API with X is an incredible business. Our new subscription business [is] growing,” Yaccarino said. Musk also transitioned from his role as Twitter (X) CEO to serving as its executive chair and CTO.

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Have Fun - Do Good

NOVEMBER 17, 2010

I just had to take that chance." - Jensine Larsen Jensine Larsen is the Founder and CEO of World Pulse , a global media and communication network devoted to bringing women a global voice. Jensine Larsen: World Pulse is a global media enterprise fully devoted to bringing women a global voice.

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Candid

JULY 17, 2024

For 20 years, the global communications firm Edelman has studied the influence of trust across government, media, business, and nongovernmental organizations (NGOs). Here are five takeaways about global trends in the public’s trust in NGOs: 1. By comparison, business was trusted in 15 countries and distrusted in two.

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Cloud 4 Good

MAY 3, 2022

Through a global network operating in nine countries across the MENA region, EFE trains young people with the skills necessary to succeed in work and life and then matches the next generation of ready-to-work talent with businesses in need of qualified employees. . Rethinking Business Processes. From Spreadsheets to Salesforce.

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TechCrunch

MAY 2, 2022

If legalized, this will also open up a huge market to the e-scooter makers of the world, and might even spark more homegrown business. The government of Saudi Arabia , which is connected to the kingdom’s Public Investment Fund that owns 61% of Lucid Group , agreed to buy 100,000 of the automaker’s electric vehicles over the next decade.

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TechNode

MARCH 5, 2025

Meituan, Chinas local services platform, is accelerating its global expansion with a renewed focus on grocery retail, international markets, and artificial intelligence, CEO Wang Xing announced in a recent internal meeting. Why it matters: Meituans current business landscape is more complex than ever.

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Fast Company Tech

FEBRUARY 24, 2025

It’s a tough time to be in the business of environmental sustainability. These moves and many others come as President Donald Trump and his appointees seek to eliminate federal government programs that tackle global warming. and Fast Company. My experience is really in large-scale transformation, she says.

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The Verge

FEBRUARY 23, 2022

Here are Bryan Pietsch and Jeff Stein in the Washington Post : The app says it is “America’s ‘Big Tent’ social media platform that encourages an open, free, and honest global conversation without discriminating against political ideology.” Their business models are fuzzy and largely theoretical.

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