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Meituan officially brought its food delivery service to SaudiArabia under the name KeeTa on Monday, beginning its expansion outside China as domestic growth slowed. KeeTa is expected to compete with food delivery giant Delivery Hero-owned HungerStation and local company Jahez in the Saudi Arabian market.
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 SaudiArabia and Egypt. The company first raised a $4 million seed round last year.
Invygo, a startup operating in UAE and SaudiArabia, has raised $10 million in its Series A funding led by MEVP as it works to scale its car rental service in the region. Roughly 200 cars are available for subscription in SaudiArabia and 100 in UAE on the platform on a typical day. million to date.
The startup will hire local talents in SaudiArabia to expand further. The gaming industry is booming in SaudiArabia, with about 70% of Tamatem’s users, Hammo noted. . India, Egypt, SaudiArabia, Germany, Hungary, and Jordan. Big things are happening for the mobile games industry in the region.
Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion The move comes in line with SaudiArabia’s “Vision 2030” plan , which lays out goals to reduce the nation’s dependence on hydrocarbons and promote the use of drones in services.
A few years ago, Richard Schrems was working as a human resources consultant in Riyadh, and at one point sought to implement a tech-solution for his clients to help them better their huge teams, but couldn’t find a localized solution. With a similar, but localized approach, we believe that palm.hr For instance, in SaudiArabia, palm.hr
Convertedin , an Egyptian startup that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by SaudiArabia-headquartered Merak Capital. The three-year-old Egypt-headquartered company also has offices in SaudiArabia and Brazil; it just recently opened one in the latter. “We
Dingdong Maicai, a New York-listed Chinese e-commerce company specializing in fresh groceries, has officially launched its international expansion with SaudiArabia as its first overseas market. Some roles are based in Riyadh, the capital of SaudiArabia. Sina.com, in Chinese ]
The plan for the company is to provide merchants with access to accounts, cards, local payment networks and lending. This suite of services is essential in the primary markets in which Nomod is aiming to build a significant merchant base, like SaudiArabia, the UAE and Bangladesh.
That has accelerated card acceptance –– with 90% card acceptance rates in the UAE and SaudiArabia by some estimates — in the region. It is gearing up to formally launch in the UAE and SaudiArabia in the coming weeks. Egypt’s Paymob closes $18.5M Series A to expand payments services across MENA.
But there’s a little twist to Sympl’s offerings which the founders made in a bid to localize its product for the Egyptian market. SaudiArabia. . “It “ It’s a consumer purchase driven market where we have a lot of accessibility to consumer products and services, online or offline.”. The most likely destination?
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. The company expects to address local remote learning and education in the market. The Japanese remote learning industry was estimated at $2.6 billion in 2020, increasing 22.4%
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 SaudiArabia by the end of 2023.
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 SaudiArabia.
You buy in our local currency, and we buy everything, handle the shipping, customs, clearance and bring it to your doorstep,” the CEO added. This is the main target for us now and also to start operations in SaudiArabia.” “You can use Bosta to get anything to your doorstep.
Other countries where Private Relay won’t be available include: Belarus, Colombia, Egypt, Kazakhstan, SaudiArabia, South Africa, Turkmenistan, Uganda, and the Philippines. The feature was announced during Apple’s Worldwide Developers Conference as part of a new subscription bundle called iCloud Plus.
Chinas food delivery giant Meituan is hiring Arabic- and English-proficient talent for its likely entry into Riyadh, the capital of SaudiArabia, as the company puts expansion beyond China on its agenda as domestic consumption falls.
The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and SaudiArabia. Bouhlel says the company has local teachers in every country — over 500 in number — and they teach students in over 12 languages.
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. .
The news comes months after rival BYDs compact crossover Atto 3 arrived in UAE via an alliance with local dealership Al-Futtaim in June. Geely-affiliated Zeekr signed sales agreements with partners in UAE, SaudiArabia, Qatar and Bahrain last month. TechNode reporting , Caixin, in Chinese ]
Notably, though, Private Relay still only lets you navigate the web through your existing (rough) geographic location, so you can’t use it for more popular VPN activities — like streaming Netflix content from a different country or skirting local sports blackout rules. It’s missing a few major VPN features.
SWVL is present in 13 markets globally: the UAE, Egypt, Kenya, Germany, Spain, Italy, Switzerland, Turkey, Japan, Argentina, SaudiArabia, Jordan and Pakistan. – All Final Settlements to be taxed as per local requirement. — announced during its SPAC merger — is uncertain.
The company says it provides the underwriting, credit in local currency and the payment rails “for any business spend across countries and currencies.” Jeeves was founded in 2020 under the premise that startups have traditionally had to rely on financial infrastructure that is local and country-specific.
Chinese electric vehicle maker Human Horizons will suspend production for at least six months and furlough its employees in an attempt to keep the company going as it looks for new funding, local media has reported. A company representative denied the report, without elaborating, according to Caixin. billion deal.
The reasons were unclear, as both parties didn’t publicly comment on the situation; however, from various local news outlets, they ranged from mismanagement of funds to failure to report to the board and work out a potential merger, as well as internal disagreements over management methods.
But buying a bunch of prepaid debit cards from the local corner store and then surveying the recipients every week to see if it’s helping isn’t a scalable solution, and the lack of data is a major reason why city governments are reluctant to fund it. Anita Ramaswamy digs in here. Read more from Annie Njanja here.
Customers are impressed, as the gas-powered T2 was temporarily out of stock at some dealers in Middle East countries including the UAE, SaudiArabia, and Qatar earlier this year, according to Ke. The plug-in hybrid version has two electric motors to handle tough terrain with a maximum torque of 610 Nm and travels 15.8
For someone who grew up in an era when sources of political information were few and narrow (the newspaper, TV news) and when venues for ordinary people to speak up about politics were also few (local town halls, letters to the editor), the Dean campaign was a truly exciting revolution.
For someone who grew up in an era when sources of political information were few and narrow (the newspaper, TV news) and when venues for ordinary people to speak up about politics were also few (local town halls, letters to the editor), the Dean campaign was a truly exciting revolution.
A few other news entities appeared to have followed suit, including the prominent Boston NPR affiliate WBUR , Hawaii Public Radio and LA-based local news source LAist. cat a were labeled “government-funded media” weeks later. Payouts have yet to reach creators’ wallets.
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. Afterwards, I had a dinner with Rami at local restaurant famous for their Arabic sweets.
Regional expansion (with an imminent entry into SaudiArabia this year) is one of Paymob’s objectives following this raise. The company also recorded a total payment volume of more than $5 billion from over 35,000 local and international merchants like Swvl, LG, Breadfast, and Tradeline. . million initially.
Houthi rebels have previously used small drones in a number of attacks on Arab nations in recent years, including in the UAE and SaudiArabia. The UAE withdrew its forces from Yemen in 2019, but continues to supply and train local militia opposed to the Houthi. But last week’s strike represents a escalation in tension.
Local media outlet The Paper reported that the man, surnamed Yuan in police reports, slept around three or four hours nightly, with the rest of his time spent at work. KeeTa recently launched in SaudiArabia, and Wang said previously that Gulf countries, Europe, and Southeast Asian markets are all under consideration for future expansion.
Local Motors no longer exists with the exception of one last asset: its domain name. The government of SaudiArabia , which is connected to the kingdom’s Public Investment Fund that owns 61% of Lucid Group , agreed to buy 100,000 of the automaker’s electric vehicles over the next decade.
They came from Sudan, from SaudiArabia, from all over, some of the most unheard places of the world. The most powerful impact we found was actually in the women's leadership and influence locally. Just here in the Bay Area we have local things like, Oakland Local , Oakland Seen , and Spot.us. How can they do that?
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. Meituans overseas food delivery platform, Keeta , is rapidly expanding in SaudiArabia.
Though he had worked on multiple Arabic-language shows previously, they were local projects with nowhere near the scope of Netflixs viewership. We were always producing for local platforms and channels. Before Netflix] we didn’t have the chance to show the world what content we can produce, Laham says.
Pink Guards popped up at Sydney Harbor and Bondi Beach, the canals of Venice , Bangkoks Chao Phraya river, SaudiArabias AlUla , and Beco do Batman in So Paulo. But just like the creative strategy, Lee says local markets were in charge of what brand collabs would work best for their audiences. As of February 14, Season 2 had 14.25
The European Unions Joint Research Center, for example, recently issued a report examining how boosting circularity, along with other approaches, could help reduce Europes dependency on China, Japan, Russia, Kazakhstan, SaudiArabia, and Ukraine for materials used to make titanium metal products. of materials in 2018.
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