TechCrunch

DECEMBER 4, 2022

The startup has also expanded to Saudi Arabia, where it will be headquartered henceforth, after raising $1.2 This latest round had the participation of Launch Africa VC, 500 Global, Riyadh Angels, Alex Angels, Al Tuwaijri Fund and Saudi angel investor Faisal AlAbdulsalam. million seed funding.

Saudi Arabia 99

Saudi Arabia Platform Support Raise 99

TechCrunch

AUGUST 29, 2022

The company, founded by Manar Mahmassani, Rami Tabbara, and Ricardo Brizido in 2020, has raised $8 million in a pre-Series A round from investors like BY Ventures, MEVP, and Vivium Holdings to expand its portfolio and launch in Saudi Arabia and Egypt. Stake’s business model relies on various fees. with an additional 0.5%

Saudi Arabia 91

Saudi Arabia Local People Kuwait 91

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. .

Africa 99

Africa Saudi Arabia Egypt Business 99

TechCrunch

AUGUST 9, 2022

Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Arabia-headquartered Merak Capital. Convertedin’s revenues from these businesses have been growing in “double-digits” month-over-month, Fergany said. or Europe markets.”

Saudi Arabia 104

Saudi Arabia America Raise Offline 104

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). By comparison, business was trusted in 15 countries and distrusted in two. In China, however, the level of trust in NGOs fell significantly from the previous year.

Saudi Arabia 106

Saudi Arabia United Arab Emirates South Korea Management 106

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.

Saudi Arabia 85

Saudi Arabia India UAE Egypt 85

TechCrunch

DECEMBER 8, 2021

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. TechCrunch gathered that Opontia has somewhat switched focus on its target market.

Africa 98

Africa Saudi Arabia Europe Poland 98

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.

Saudi Arabia 98

Saudi Arabia United Arab Emirates UAE Egypt 98

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.

Saudi Arabia 97

Saudi Arabia UAE Build Fund 97

TechCrunch

FEBRUARY 28, 2022

But as with all companies like Lucid that have been busy building in anticipation of future sales, there’s more to the story. Lucid is also building a new manufacturing facility in the Kingdom of Saudi Arabia that it expects to finish by 2025. The company estimates the Saudi plant could bring in up to $3.4

Saudi Arabia 98

Saudi Arabia Goal Product Yahoo 98

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.

Saudi Arabia 98

Saudi Arabia UAE Fund Egypt 98

TechCrunch

OCTOBER 19, 2022

After scaling its B2B grocery delivery across Egypt for over three years, it intends to utilize its network and relationships with local and multinational suppliers and advance full distribution into Morocco, which now accounts for 10% of MaxAB’s business, and entry into Saudi Arabia by the end of 2023.

Saudi Arabia 96

Saudi Arabia Morocco Platform Egypt 96

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.

Saudi Arabia 95

Saudi Arabia UAE South Africa Bangladesh 95

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.

Saudi Arabia 52

Saudi Arabia Business China Service 52

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.

Saudi Arabia 52

Saudi Arabia Proposal Africa Director 52

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.

Saudi Arabia 98

Saudi Arabia Egypt Platform Aggregator 98

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%

Japan 104

Japan South Korea Saudi Arabia Vietnam 104

TechCrunch

DECEMBER 5, 2022

We are exploring Saudi Arabia and expanding south into our continent. The startup plans to use the funding to scale its operations in Egypt including increasing its warehouse footprint, and to explore growth opportunities within the Gulf Cooperation Council (GCC) region, and Africa. “We

Saudi Arabia 96

Saudi Arabia Egypt Fund Africa 96

TechNode

JULY 22, 2024

Meituan is reportedly set to officially launch in Riyadh in September or October, according to Chinese media outlet NBD, as the food delivery giant looks to replicate its growth in Hong Kong and mainland China in Saudi Arabia. NBD, in Chinese ]

Saudi Arabia 52

Saudi Arabia China Local International 52

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.

Saudi Arabia 75

Saudi Arabia China New York International 75

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 Moving forward we are focusing more on commercializing the product.

Saudi Arabia 94

Saudi Arabia Platform Raise Philippines 94

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.

Africa 103

Africa Saudi Arabia Egypt Track 103

TechCrunch

APRIL 17, 2023

It’s now set to launch in Riyadh, Saudi Arabia and Lagos, Nigeria next month. It claims its on-demand, remote analysts (from countries such as Colombia, Pakistan and the United Arab Emirates) can be deployed within 24 hours, and save companies 80% on recruiting and advisory budgets.

United Arab Emirates 78

United Arab Emirates Consultant Saudi Arabia Brain 78

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. .

Singapore 91

Singapore Saudi Arabia Asia UAE 91

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.

Saudi Arabia 86

Saudi Arabia Raise Management Platform 86

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.

Saudi Arabia 82

Saudi Arabia Egypt Africa Personal 82

TechCrunch

MAY 30, 2022

It’s been a very busy 18 months for SWVL leading up to this news. SWVL is present in 13 markets globally: the UAE, Egypt, Kenya, Germany, Spain, Italy, Switzerland, Turkey, Japan, Argentina, Saudi Arabia, Jordan and Pakistan. – B2C business is also expected to be contribution margin positive before the end of 2022.

Team 104

Team Public Saudi Arabia Egypt 104

TechNode

FEBRUARY 5, 2024

Chinese electric vehicle maker Human Horizons has failed to raise the new capital it needed from Middle East investors, spurring the recent closing of two showrooms and prompting the firm to look at cutting headcount in some departments to reduce costs and attempt to remain in business, souces told Chinese media outlet Caixin on Sunday.

Saudi Arabia 52

Saudi Arabia Job Report Knowledge 52

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. And then this a16z-Saudi Arabia thing that was a bit weird to chat about, but we took a stab at regardless. Today’s recording was the first of our Q2 run.

Saudi Arabia 60

Saudi Arabia Headline Podcast United States 60

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.

Bahrain 78

Bahrain United Arab Emirates Saudi Arabia Qatar 78

TechCrunch

JULY 22, 2021

Others hail from Russia, Saudi Arabia, Brazil and parts of Europe, Lesun says. The company has been growing its business at a time when a dictatorial regime has been cracking down on opposition, leading to arrests and violence in the country. Though based in Belarus, most of VOCHI’s users are young adults from the U.S.

Belarus 99

Belarus Video Saudi Arabia Raise 99

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. On the other end, it also works with business clients that use a study now, pay later plan for their employees. GOMYCODE says it partners with various institutions to place its students.

Africa 98

Africa Tunisia Saudi Arabia South Africa 98

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.

Paypal 97

Paypal Saudi Arabia Raise Egypt 97

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

Tunisia 76

Tunisia Morocco Platform Saudi Arabia 76

TechCrunch

MARCH 22, 2022

The company says it provides the underwriting, credit in local currency and the payment rails “for any business spend across countries and currencies.” For now at least, corporate cards — which today make up about 45% of Jeeves’ business — remains its marquee product. . So just what does Jeeves do exactly?

Raise 98

Raise Saudi Arabia Mexico Colombia 98

The Verge

JULY 7, 2020

Motorola has been making 5G devices for longer than nearly anyone else in the mobile phone business. The Moto G 5G Plus is set to launch on July 8th “across Europe,” with additional launches in Saudi Arabia and the United Arab Emirates planned “in the coming months.”. Image: Motorola.

United Arab Emirates 54

United Arab Emirates Saudi Arabia Phone North America 54

TechCrunch

OCTOBER 31, 2022

Invygo, a startup operating in UAE and Saudi Arabia, has raised $10 million in its Series A funding as it works to scale its car rental service in the region. Doing the admin vs. “doing the work” : Topline Pro grabs $5 million to help home service businesses scale online, Christine reports.

Saudi Arabia 87

Saudi Arabia Saba UAE Twitter 87