TechCrunch

MARCH 6, 2022

Its two main markets are Saudi Arabia and the UAE. Arab said Saudi Arabia commands the lion’s share of the company’s transaction volume, driven by solid consumer adoption and increasing online transactions. And so with that, we know the direction that we’re taking the business forward.

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TechCrunch

MAY 17, 2021

But for any e-commerce business to thrive, its last-mile delivery arm has to be well figured out. Bosta is one such company in Egypt helping small businesses with logistics and last-mile delivery. Most of these businesses lack a strong delivery experience, and Ezzat left Lynks the following year to start Bosta. . million. .

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TechCrunch

DECEMBER 8, 2021

TechCrunch gathered that Opontia has somewhat switched focus on its target market. Though it launched with eyes on the Middle East and Africa, the company has only made efforts in some parts of the former (the UAE and Saudi Arabia) while making significant headway into Central and Eastern Europe, particularly Turkey and Poland.

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TechCrunch

AUGUST 23, 2022

Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February this year.

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TechCrunch

APRIL 17, 2023

How it works is by engaging remote talent from emerging markets which can now (because of the acceptance of remote working, post-pandemic) participate in much higher value roles in finance, strategy, and public policy. It’s now set to launch in Riyadh, Saudi Arabia and Lagos, Nigeria next month.

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TechCrunch

MAY 24, 2021

The funding is coming at a high-watermark moment for edtech — with the shift to remote learning in the last year of pandemic living highlighting the opportunity to build better tools to serve that market, and a number of startups in the category subsequently raising hundreds of millions of dollars to tackle the opportunity.

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TechCrunch

FEBRUARY 3, 2022

the corporate spend space is getting increasingly competitive, with several startups clamoring to gain market share. But in the Middle East, the market is far less crowded. Founded in October 2021, Pluto’s first product is a card designed to help businesses digitize their cash spend. Here in the U.S., incorporation.

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TechCrunch

NOVEMBER 15, 2021

Micro and small businesses in emerging markets still struggle to access digital payments for several reasons. based fintech Nomod allows these businesses to bypass the card terminal by providing a platform to accept card payments on their phone with no extra hardware.

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TechCrunch

OCTOBER 19, 2022

The moves signaled MaxAB’s ambition to dominate Egypt’s and North Africa’s B2B retail and e-commerce market, which includes Cartona and the troubled Capiter , other players that have raised significant capital to compete within the past year.

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TechCrunch

OCTOBER 7, 2021

“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. By leveraging this investment, we will capture broader Japanese market opportunities. The company expects to address local remote learning and education in the market.

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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

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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

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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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 6, 2023

The uptake of customer relationship management (CRM) tools has grown immensely over the last few years such that the market size is expected to experience a 12.5% 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.

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Medium Technology Section

APRIL 10, 2025

Don’t Just Use Canva—Master It Whether you're running an agency in Dubai, coaching clients in Riyadh, or managing a side hustle in… Continue reading on Medium

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TechCrunch

DECEMBER 5, 2022

We are exploring Saudi Arabia and expanding south into our continent. I think Africa has a lot of markets that feel the same pain points that Egypt does,” said OneOrder co-founder and CEO, Tamer Ame r, who co-founded OneOrder with Karim Maurice (CTO), also founder Cube, an online restaurant-reservation service.

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TechCrunch

MARCH 3, 2021

When merchants launch their e-commerce businesses, they can easily manage the end-to-end operations in the early stages. Today, Flextock , one such company providing this service to businesses and consumers in Egypt, is announcing that it is part of Y Combinator’s Winter 2021 batch.

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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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TechCrunch

AUGUST 23, 2022

Servify, a startup that manages lifecycle of devices for several popular smartphone vendors including Apple and Samsung in many markets, has raised $65 million as it eyes becoming a public company in two years. India, the world’s second largest smartphone market, accounts for 60% of Servify’s business, he said.

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TechCrunch

MAY 30, 2022

It’s been a very busy 18 months for SWVL leading up to this news. Others include developing its proprietary technology stack and growing its three models — where it makes $5 million in MRR — across existing and new markets, it said in a statement. – Tying expenditures to essential business requirements.

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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. Earlier this month, Carbon Health, a virtual care provider, laid off 8% of its workforce , citing the need to “adapt to the changing market conditions.”

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TechCrunch

JANUARY 17, 2023

Until last September, Tabby, which allows users to shop with flexible payments online and in-store from global brands, including H&M, Adidas, IKEA, noon and Bloomingdale’s, was active in Saudi Arabia, UAE and Kuwait. Now, the economy’s structure is different for some of the markets we [Tabby] are in today.

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TechCrunch

JUNE 6, 2022

The company launched “Fenix Taxi” in Manama, Bahrain, on Monday and says it’s planning to add two additional markets this summer. Aside from Bahrain, Qatar, Turkey and the United Arab Emirates, Fenix also has a presence in Saudi Arabia, specifically with its shared and subscription scooter service.

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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. It offers over 30 learning tracks ranging from web development to digital marketing and data science to artificial intelligence. There are a lot of impact and mass market players.

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TechCrunch

APRIL 3, 2023

Hello and welcome back to Equity , the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. On the show today we riffed through the stock market and crypto sector. And then this a16z-Saudi Arabia thing that was a bit weird to chat about, but we took a stab at regardless.

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TechCrunch

MAY 31, 2022

Its claim is based on the number of markets it currently operates in: Egypt, Morocco and Tunisia. “No No other q-commerce player in Africa operates in such big markets,” Mokhtar told TechCrunch. . The company said it plans to become the largest q-commerce player in frontier and emerging markets.

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TechCrunch

JULY 22, 2021

Along with the fundraise, VOCHI is elevating the company’s first employee, Anna Buglakova, who began as head of marketing, to the position of co-founder and chief product officer. Others hail from Russia, Saudi Arabia, Brazil and parts of Europe, Lesun says. Image Credits: VOCHI. Image Credits: VOCHI.

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TechCrunch

MARCH 22, 2022

The market looked very different in January and February than it did in December.”. The company says it provides the underwriting, credit in local currency and the payment rails “for any business spend across countries and currencies.” In the short term, it’s eyeing Southeast Asia, and potentially Saudi Arabia and Africa.

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The Verge

DECEMBER 23, 2020

And when XPeng rolled its first exported electric vehicles off a boat in Norway last week , it accomplished something many of its peers have sought: expansion into new markets. It’s worth noting that these accomplishments — going public, starting deliveries, entering new markets — have not come without a cost. The list goes on.

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TechCrunch

OCTOBER 31, 2022

Politician turned venture capitalist Bradley Tusk recently spoke at a TechCrunch Live event on how startups should approach regulation, in a session called “How to launch a startup into a regulated market.” Dibbs CEO and co-founder Evan Vandenberg joined Tusk in the conversation. ” 6 reasons why you shouldn’t join an accelerator.

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The Verge

JULY 7, 2020

Motorola has been making 5G devices for longer than nearly anyone else in the mobile phone business. Thanks to the 5G Moto Mod for the Moto Z lineup, it arguably released the first “5G” phone on the market. But all of its 5G devices have been expensive: the Moto Mod cost $349.99 Image: Motorola.

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TechCrunch

AUGUST 28, 2022

As we all know, the housing market goes through cycles. 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. Low interest rates mean more purchases and refinances.

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The Verge

MAY 25, 2021

That money — billions of dollars, collectively — was supposed to be enough to help each of them start fighting for space in a market dominated by Tesla. The new one has upended the startup’s business model and largely thrown out the projections that were used to raise around $600 million during last year’s merger with a SPAC.

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TechCrunch

MARCH 27, 2022

It’s also eyeing Southeast Asia and potentially Saudi Arabia and Africa. Is this market big enough for so many global players? We’re seeing pretty big market changes. after raising $110M for new tech to update capital markets trading. billion in annualized gross transaction volume (GTV).

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TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in the States. They must have a solution.

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TechCrunch

JANUARY 18, 2022

A record number of companies went public in 2021, with many at huge valuations: 238 companies debuted on the public markets last year valued above $1 billion. Bigger, better capitalized and more global, the venture industry is poised to take advantage of the transformative technologies coming to market.

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