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Egypt and Dubai-based auto tech startup Odiggo is a platform addressing this problem. Over 50,000 car owners across three markets — Egypt, the UAE and SaudiArabia — use Odiggo. It’s a cycle that can lead to more expensive repairs and safety issues down the line, and no car owner likes that.
Last year, MaxAB , the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches ; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. For MaxAB, that’s its sweet spot.
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 SaudiArabia and the UAE. The company has over 1.1
A few weeks ago I had the opportunity to travel to SaudiArabia to teach a course at King Abdullah University of Science and Technology as part of the Winter Enrichment Program. A hammer isn’t fundamentally different in Saudi as it is in Wyoming. Social media platforms (tools!)
Chinas second-largest short video platform Kuaishou is planning to open an office in Riyadh, the capital of SaudiArabia, soon, according to a report by the South China Morning Post quoting Kuaishous chief financial officer Jin Bing.
As co-founder and COO at Lynks, Ezzat was responsible for logistics, international clearance and last-mile delivery. He also claims that more than 2,200 businesses use its platform daily and achieve a 95% delivery success rate. This is the main target for us now and also to start operations in SaudiArabia.”
Volopay’s platform provides startups and enterprises flexibility by issuing virtual and/or physical prepaid multicurrency corporate cards in their local currency (SGD, AUD, INR, IDR, PHP, etc) with up to 5% cashback on all card transactions. In addition, Volopay will hire aggressively in each of its new markets. .
Prosperity7, the venture capital arm of SaudiArabia’s state oil company Aramco, led the new capital infusion. China, exemplified by cities like Wuxi, has in recent years emerged as a popular CRO hub for international pharma companies. The founder was also keen to speak about the company’s new dual-CEO structure.
The program is managed by the Institute of International Education (IIE), and implemented with a coalition of leading new media experts and local and international partners from the public and private sectors. N2VLabs provides support for the best of the best Arabia geeks who have a promising technology idea or social platform.
Within this timeline, he interned at several companies in Palo Alto, California. The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and SaudiArabia. Students on the platform go through two types of programs.
The funding will be used to grow Docquity in its existing markets, like Indonesia and the Philippines, and enter new ones, including Japan, the United Arab Emirates, SaudiArabia and Egypt. The company says that so far, its platform has enabled doctors to earn a total of 4.2 The company claimed two-fold revenue growth in 2021.
While incumbents have pioneered various enterprise resource planning (ERP) systems to digitize these processes, companies would still get four to five different software platforms to complete multiple tasks. Some are marketplaces or brokerage platforms connecting shippers with trucks, such as Trella.
Couriers deliver goods using a combination of Fenix’s shared e-scooters and internal e-mopeds. Aside from Bahrain, Qatar, Turkey and the United Arab Emirates, Fenix also has a presence in SaudiArabia, specifically with its shared and subscription scooter service. Fenix launches ride-hailing service in Bahrain.
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. Egyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA. What ensued after this led to the current spat between founders and investors.
The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Investors on Blossom Finance’s platform pool their money into funds, or cooperatives, which are then managed by microbanks. Meanwhile in Malaysia, where 61.3% out of its 33.6 They must have a solution.
The company’s threat detection platform — its moneymaker — helps companies with industrial control systems defend against hackers trying to get into important operational systems. Lee said the company’s priority had been to work on its threat platform, and less selling it.
Partner firms also use Servify’s eponymous platform to offer trade-ins, upgrade and financing programs to customers. Canada, SaudiArabia 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.
Following this growth, it is planning on expanding to Egypt and the UAE, while doubling down on SaudiArabia, against the backdrop of $5 million pre-Series A funding it has raised, in a round led by Europe-based VC Speedinvest, which marked its debut into SaudiArabia, and RAED Ventures, with participation from MENA focused VC firm Wamda Capital. “We
The platform helps online and offline merchants to accept payments from their customers via several products and solutions. Regional expansion (with an imminent entry into SaudiArabia this year) is one of Paymob’s objectives following this raise. For Paymob, it claims to have grown its monthly revenue over 5x last year.
After penetrating the Japanese market, Riiid will gear up to enter other international regions, including Central and East Asia, the spokesperson added. . Beyond the TOEIC mobile app, the company launched an ACT prep mobile app with ConnectMe Education in early 2021 in Egypt, Turkey, UAE, Jordan and SaudiArabia.
Even in 2019, when SaudiArabia 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 trillion now. It’s the rare tech giant that isn’t using your data as a revenue stream.
India’s online learning platform Unacademy raises $150 million at $1.45 The ACT development comes after Riiid said that the former CEO of ACT, Marten Roorda, was joining its international arm Riiid Labs as its “executive in residence,” so that could point to more ACT prep applications for other markets, too.
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. This has intensified public scrutiny on how the platform balances growth with social responsibility.
As the streaming platform has invested in stories told in Arabic, it has given Arab-led projects global reach by dubbing them in multiple languages. We were always producing for local platforms and channels. Because She Created provides a platform for female creatives in the Arab world who are pioneering new paths in the film industry.
When Netflix was finally ready to bring back its massive international hit TV series Squid Game for Season 2 after a three-year hiatus, it had a unique marketing challenge: remind people why they fell in love with a Korean action drama that revolves around a murderous contest. This time, there were years of anticipation.
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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