TechCrunch

AUGUST 22, 2021

Then for the suppliers, it increases their sales and reaches more customers without necessarily spending on marketing. Over 50,000 car owners across three markets — Egypt, the UAE and Saudi Arabia — use Odiggo. Odiggo is part of the current YC Summer batch and has secured a $2.2 million seed round before Demo Day.

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TechCrunch

OCTOBER 7, 2021

By leveraging this investment, we will capture broader Japanese market opportunities. This acquisition is the first step in an inorganic strategy to ultimately apply Riiid’s AI technology to the global market and help more learners around the world.” . The Japanese remote learning industry was estimated at $2.6

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TechCrunch

DECEMBER 19, 2021

With supply chains in the automotive industry continuing to be disrupted due to Covid-19, demand has surged in the used-car market. Cars24 claims to have a 90% share of India’s used-car market, and it’s gotten there by way of technology. billion, versus $1.84 billion three months ago.

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TechCrunch

OCTOBER 31, 2021

The idea behind such a daring move — which appears to be a bit of a stretch considering the timeline — comes from the founders’ ambition to change an industry that has lagged behind other regions in the wider GCC, such as Saudi Arabia and the UAE, in terms of e-commerce penetration.

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TechCrunch

APRIL 6, 2022

Qureos , a UAE-based edtech and remote work marketplace that is changing how people upskill and get jobs across the globe, plans to grow the uptake of its platform by 10 times this year in its race to create 100 million jobs over the next few years. Qureos says it’s creating new learning and work opportunities for millions of youth.

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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. Founded in 2018 by Hussein Momtaz , Ahmed Said , and Abdullah Al Khalidi , Koinz set out to solve two major problems in Egypt’s food aggregation industry.

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TechCrunch

FEBRUARY 14, 2022

It’s an extensive process that has seen some Big Tech companies build dedicated teams to manage different connections, data and cycles with the payments gateways in the markets where they are present. This extension becomes their connection to the entire payment ecosystem in the markets they operate. In the U.S.,

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TechCrunch

APRIL 18, 2022

Per reports, Egyptians spend about 30% of their income on food in a $17 billion restaurant industry, one of the largest in Africa and the Middle East. Africa-focused fund 4DX Ventures and UAE-based venture capital firms Nuwa Capital and Shorooq Partners led the round, one of the largest in Egypt after Rabbit, Telda and Milezmore.

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TechCrunch

FEBRUARY 17, 2022

In Africa and the Middle East, most companies in the freight industry still use old-fashioned methods such as spreadsheets, phone calls and emails to manage their shipments. And that’s what Freterium, a YC-backed startup launched in 2020, is trying to build: a holistic approach to solving critical backend challenges of the freight industry.

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TechCrunch

NOVEMBER 10, 2022

Vadym Synegin is a Ukrainian impact entrepreneur, philanthropist and investor in fintech and crypto projects with more than 15 years’ experience as an entrepreneur in Europe and the UAE. The industry saw 1,619 job cuts in May, compared to 440 in the first four months of the year. More posts by this contributor.

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TechCrunch

JUNE 22, 2022

With $23 million in new backing, the company now plans to take its platform to other countries looking to get their drone industries off the ground. “The drone industry for beyond line of sight, things like food delivery, have been held back by this,” said CEO Michael Healander.

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TechCrunch

AUGUST 8, 2022

Vadym Synegin is a Ukrainian impact entrepreneur, philanthropist and investor in fintech and crypto projects with more than 15 years’ experience as an entrepreneur in Europe and the UAE. Ukrainians have often pioneered market-leading companies and built products that positively impact society, especially in the fintech sector.

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TechNode

AUGUST 8, 2023

Cross-border logistics company iMile Delivery has recently entered the Italian market and established its European headquarters in Germany, becoming the first Chinese express delivery startup to enter Europe, according to an August 7 report by Chinese media outlet LatePost. The company targets the Middle East delivery market.

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TechCrunch

MARCH 29, 2023

A growing market : Christine writes that Italy’s ban on cultivated meat could set the industry back. Competition and Markets Authority is moving forward with an in-depth probe of the $61 billion Broadcom-VMware deal. Is that you, Bob? And with that, we hope you have a Google day! Gone fishing for competition : The U.K.

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Canada License Platform Raise 94

TechCrunch

JANUARY 21, 2021

Much of Israel’s high-tech industry has emerged from former members of the country’s elite military intelligence units, such as the Unit 8200 Intelligence division. Israel’s startups industry began emerging in the late 1980s and early 1990s. After a record year for Israeli startups, 16 investors tell us what’s next.

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TechCrunch

AUGUST 7, 2022

In announcing the deal, they said: “DeFi-enabled B2B payment networks that are on chain can unlock transformative working capital efficiencies, and make financial services more fair and open, especially in developing markets like LATAM.”. We are starting to see some of the public market valuations impact private market valuations.

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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. At the same time, as the venture market slowed dramatically and suddenly, raising capital was much harder. Fintech for good? Weekly News.

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TechNode

NOVEMBER 20, 2024

The company has bucked an industry-wide weakening market this year, posting an 89.3% The journey usually starts in developing countries in Latin America, Africa, and the Pacific region, and ends in Europe and the US, despite geopolitical uncertainties still the most competitive auto markets in the world.

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United Arab Emirates South Africa Saudi Arabia China 52

The Verge

JULY 24, 2020

Saudi Arabia’s Public Investment Fund already owns a majority stake in fellow EV startup Lucid Motors, and the UAE and Kuwait have even bigger sovereign funds. But even in a market where EV startups are suddenly getting money left and right, Faraday Future still has a long way to go. Though he did not leave Byton on good terms.).

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Files Pledge Chapter China 76

TechCrunch

AUGUST 4, 2022

The UAE took in 46% of the total venture capital received in the Middle East and Africa in 2021, according to the country’s Ministry of Economy. In 2017, the UAE created an artificial intelligence ministry position, which it filled with H.E. TechCrunch: Is the UAE’s venture capital presence fairly new? were invested in the UAE.

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TechCrunch

AUGUST 10, 2021

It sounds like a lot to build up, but Hasan points out that a lot of this is already done by the oil industry, which as you might guess is fairly ubiquitous in the region. The atmosphere is full of it, sure, but it’s not trivial to capture and compress enough to mineralize at industrial scales. Third is sourcing the CO2 itself.

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