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

MARCH 8, 2021

As the restaurant industry across different cities was massively hit by the pandemic-induced lockdowns last year, food aggregator platforms helped by driving online customers to them. Here’s how the platform works. Because of its original business model, Koinz had to iterate several times. million seed round.

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TechCrunch

FEBRUARY 6, 2023

One such platform that is helping consumer brands leverage their data to grow is Gameball , a customer intelligence and marketing CRM platform, that was launched in 2020 by egyptian entrepreneurs Ahmed Khairy (CEO) Ahmed El Assy (CPO), and Omar Alfar (CTO). Gameball’s expansion drive is backed by a $3.5 Gameball raises $3.5M

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TechCrunch

MARCH 6, 2022

Tabby , the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale, has completed a Series B extension of $54 million. Its two main markets are Saudi Arabia and the UAE. The company has over 1.1

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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

OCTOBER 12, 2022

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 FlapKap , using its revenue-based financing platform (RBF), is helping these stores solve the growth-destructive challenges emerging online stores encounter when trying to meet customer demands.

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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. The company has raised $3.4 Omar Kassim (Nomod CEO).

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TechCrunch

MAY 31, 2022

Appetito , the Egyptian platform that delivers groceries and household products to customers from 11 dark stores across three cities in the North African country, is acquiring Lamma , an identical startup with operations in the Maghreb regions of Tunisia and Morocco. . The deal is expected to close by the end of Q3 2022.

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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

DECEMBER 5, 2022

Launched in March this year, OneOrder makes it possible for restaurants to order food supplies through its online platform, solving the fragmented supply chain challenges that lead to erratic prices, waste, quality issues, and storage cost. We are exploring Saudi Arabia and expanding south into our continent.

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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. Flextock makes money on a per-order basis.

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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 10, 2022

Prosperity7, the venture capital arm of Saudi Arabia’s state oil company Aramco, led the new capital infusion. He recently promoted GSK veteran Dr. Feng Ren to be his co-CEO, who is now overseeing Insilico’s R&D and drug business, while Zhavoronkov focuses on the firm’s AI platform.

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TechCrunch

APRIL 17, 2023

Launching out of Dubai in 2020, Intellia looks for strategy and finance consultants in emerging markets where wages are cheap, thows in some AI-powered vetting, to come up with a project delivery platform for 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

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

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. Students on the platform go through two types of programs. On the other end, it also works with business clients that use a study now, pay later plan for their employees.

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TechCrunch

JUNE 6, 2022

Since Fenix’s founding as a shared e-scooter operator in 2020, the company has regularly added business lines, from 10-minute grocery delivery to micromobility subscriptions to, now, ride-hail. Otherwise, the company is mainly relying on profits from its core micromobility business to fund these new business lines.

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TechCrunch

JULY 22, 2021

The finished results can then be shared out to other platforms, like Instagram, Snapchat and TikTok. Others hail from Russia, Saudi Arabia, Brazil and parts of Europe, Lesun says. When they see something they like, they can then tap a button to use the same effect on their own video. Image Credits: VOCHI.

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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. Dubai-based buy now, pay later platform tabby raises $50M at $300M valuation.

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TechCrunch

OCTOBER 27, 2022

Last month, Egyptian B2B e-commerce platform Capiter made headlines after founders Mahmoud Nouh and Ahmed Nouh were ousted by its board as CEO and COO. But various sources say the company’s issues were more inward than outward, as they described Capiter as a workplace with poor management, no structure and a business with a high burn rate.

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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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The Verge

DECEMBER 23, 2020

Whatever the reason, Canoo now has a few hundred million more dollars to play with and, theoretically, easier access to raising more money as it tries to bring its electric delivery vehicle platform to market in the next few years. Canoo is just one example. Turning down money, in this economy?

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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. Meanwhile in Malaysia, where 61.3% out of its 33.6 They must have a solution.

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TechCrunch

MAY 25, 2022

Esaal, one such platform that has witnessed immense growth in the last two years, is announcing a $1.7 Esaal isn’t only in the business of consultations on physical health. That trend pushed him into developing a platform that captured this virtual opportunity but with therapists on the other end. “We

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TechCrunch

AUGUST 23, 2022

Partner firms also use Servify’s eponymous platform to offer trade-ins, upgrade and financing programs to customers. 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.

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TechCrunch

FEBRUARY 3, 2022

Founded in October 2021, Pluto’s first product is a card designed to help businesses digitize their cash spend. “Companies like Brex have attempted taking on Middle Eastern businesses and issuing them corporate cards from the U.S.,” “However, this only works for Middle Eastern businesses who also have a U.S.

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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

MARCH 27, 2022

In fact, it describes itself as the first “cross country, cross currency” expense management platform. It’s also eyeing Southeast Asia and potentially Saudi Arabia and Africa. Finally takes in $95M in equity, debt to roll out lending for small businesses. Meanwhile, newer players are also entering the scene.

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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. Google is acquiring GIF platform Tenor. The company is also part of Y Combinator’s Summer 2021 cohort.

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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. Riiid plans to shore up marketing, sales and B2B business development in Japan by setting up a Japanese unit via the acquisition. billion in 2020, increasing 22.4%

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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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The Verge

AUGUST 24, 2021

Even in 2019, when Saudi Arabia opened up state-owned oil company Saudi Aramco for trading, it didn’t dominate for long : Apple surpassed it last July on its way to a $2 trillion market cap , and Apple is approaching $2.5 Apple’s services business eclipsed the Mac and iPad years ago. trillion now.

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TechCrunch

MAY 24, 2021

India’s online learning platform Unacademy raises $150 million at $1.45 The company has been growing at a time when edtechs are seeing more business and a rise in overall credibility and urgency to fill the gap left by the temporary cessation of in-person learning. million students in Korea and Japan. billion valuation.

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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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TechCrunch

AUGUST 11, 2023

The Tesla and SpaceX CEO first announced his bid to buy Twitter in April 2022, zealously driven to rid the platform of spam bots and protect free speech. Even for one of the richest men in the world, $44 billion is a lot of money to cough up to buy a middling social platform. By October, the platform was his.

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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. Elon Musk’s pursuit to buy Twitter continues to have an impact on Tesla, which is why I’m back here writing about a social media platform. miles per hour and automatic lights. Supply chain.

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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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