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

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.

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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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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

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.

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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

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 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. How is edtech spending its extra capital?

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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

MARCH 3, 2021

When merchants launch their e-commerce businesses, they can easily manage the end-to-end operations in the early stages. This is where e-commerce fulfillment services come in handy. According to the CEO, Flextock is the first end-to-end fulfillment service in Egypt. Now, there’s a need to offload some of this workload.

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TechCrunch

APRIL 17, 2023

Traditional consulting firms provide high-quality services but the cost a lot and have rigid terms. And while there are plenty of portals offering low-quality freelance consulting services, these are generally unsupervised that would never work for corporates and the public sector.

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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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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 ]

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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. Sustainable chemistry, as defined by OECD , is “a scientific concept that seeks to improve the efficiency with which natural resources are used to meet human needs for chemical products and services.”

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TechCrunch

AUGUST 23, 2022

The seven-year-old startup, which has raised over $110 million to date, works with over 75 electronics device manufacturers including OnePlus and Xiaomi and offers them whitelabeled after-sales services such as damage protection and extended warranty. Business outlook. How do such programs impact Servify?

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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

JUNE 6, 2022

Abu Dhabi-based mobility startup Fenix has added ride-hail and courier services to its portfolio of mobility products. 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.

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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.

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TechCrunch

JANUARY 17, 2023

According to a statement shared by the Dubai-based company, the funding will be used to expand Tabby’s product line into a plethora of consumer financial services and support the company’s growing operations that now include Egypt. There are clear gaps in the market when we look at offering consumers better financial services and products.

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TechCrunch

MAY 31, 2022

The acquiree, Lamma, launched in Tunisia as a carpooling service two years ago. 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. .

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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.

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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?

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TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. These factors are proving fertile ground for establishing and growing fintechs that focus exclusively on Islamic finance, offering products and services that follow shariah law. They must have a solution.

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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

MARCH 27, 2022

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. In fact, it describes itself as the first “cross country, cross currency” expense management platform. Meanwhile, newer players are also entering the scene.

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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

MAY 25, 2022

Esaal isn’t only in the business of consultations on physical health. Users access these services via an app (text, video/voice calls and in-person visitations) and pay with cash, credit cards, Vodafone and Fawry. We are proud to see their growth and enjoyed building the business with them throughout the last four years.

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TechCrunch

AUGUST 11, 2023

Our data licensing and API with X is an incredible business. Our new subscription business [is] growing,” Yaccarino said. Video calls are coming to X CEO Linda Yaccarino confirmed in her first TV interview that video calls will be a new feature coming to the service, as part of its transformation into an “everything app.”

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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 The services turn. Apple’s services business eclipsed the Mac and iPad years ago.

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TechCrunch

MAY 24, 2021

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.

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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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Care2

AUGUST 29, 2008

When an issue hits the news I try to go specialty blogs (Saudi Arabia, Supreme Court, etc). Are they all going to be small cottage industry players, or will they get to be big business? Is Huffington Post big business, financially speaking? All Care2 terms of service and privacy policies apply. How about Daily Kos?

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Care2

SEPTEMBER 4, 2008

When an issue hits the news I try to go specialty blogs (Saudi Arabia, Supreme Court, etc). Are they all going to be small cottage industry players, or will they get to be big business? Is Huffington Post big business, financially speaking? All Care2 terms of service and privacy policies apply. How about Daily Kos?

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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. have received permits to provide driverless ride-hailing services to the public on open roads in Beijing. In 2010, he sold his retail eCommerce business, Giftback. Notable news and other tidbits.

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The Verge

FEBRUARY 23, 2022

Its terms of service document, like its user interface, appear to be largely copied and pasted from elsewhere. Their business models are fuzzy and largely theoretical. It’s based on technology from Mastodon, the open-source social network. The free speech issue is going on all over the world, not just here,” Miller told me.

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