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A look at how proptech startup Knotel went from a $1.6B valuation to filing for bankruptcy

TechCrunch

In August, Knotel announced the completion of a $400 million financing, led by Wafra, an investment arm of the Sovereign Wealth Fund of Kuwait. Wafra will help us continue our rapid global expansion and solidify our position as the leader in a fast-growing, trillion-dollar flexible office market.”. and international markets.”.

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Meituan’s next decade: expands global footprint with focus on retail and AI

TechNode

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. Among the three priorities Wang Xing has set, international expansion is progressing the fastest.

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Netflix is building a global audience by empowering Arab creatives

Fast Company Tech

When Netflix reality show Dubai Bling debuted in 2022, it became a global sensation, garnering viewers across 51 countries. The show has been part of a surge in Arabic content on Netflix attracting global viewership. And it’s kept up the momentum: The show’s recently released third season racked up 18.6

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ChatGPT: Everything you need to know about the AI-powered chatbot

TechCrunch

April 28, 2023 ChatGPT parent company OpenAI closes $300M share sale at $27B-29B valuation VC firms including Sequoia Capital, Andreessen Horowitz, Thrive and K2 Global are picking up new shares, according to documents seen by TechCrunch. Europe, South Korea and New Zealand, and soon more will be able to download the app from the app store.

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Why Palestinians are drinking a Coca-Cola look-alike, Chat Cola

Fast Company Tech

I’m proud to have created a product that matches that of a global company.” With orders pouring in not only from Lebanon and Yemen but also the United States and Europe, the company has its sights set on the international market, said PR manager Ahmad Hammad.

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