TechCrunch

OCTOBER 19, 2022

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.

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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. Here’s how the platform works. Since launching in Egypt, Koinz has expanded to Saudi Arabia and the UAE. million seed round.

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TechCrunch

DECEMBER 6, 2021

Tamatem will use the latest funding to amplify its efforts by bringing various games with more popular titles to the Arabic-speaking market. The startup will hire local talents in Saudi Arabia to expand further. The gaming industry is booming in Saudi Arabia, with about 70% of Tamatem’s users, Hammo noted. .

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TechCrunch

MARCH 6, 2022

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 Saudi Arabia and the UAE. The company has over 1.1

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TechCrunch

FEBRUARY 6, 2023

The uptake of customer relationship management (CRM) tools has grown immensely over the last few years such that the market size is expected to experience a 12.5% The startup plans to grow this further by embarking on a marketing drive and setting up hubs in regions where its platform is on demand over the next one year.

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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 9, 2021

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. The platform is an evolution of customers’ checkout experience. Henna also mentioned that Sympl is growing 25% week-on-week in terms of the number of transactions made on the platform.

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TechCrunch

JULY 28, 2021

The trio started the company as a bus-hailing service in Egypt and other ride-sharing services in emerging markets with fragmented public transportation. After its Egypt launch, Swvl expanded to Kenya, Pakistan, Jordan and Saudi Arabia. Swvl offerings have expanded beyond bus-hailing services. billion on the NYSE.

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TechCrunch

APRIL 17, 2023

How it works is by engaging remote talent from emerging markets which can now (because of the acceptance of remote working, post-pandemic) participate in much higher value roles in finance, strategy, and public policy. It’s now set to launch in Riyadh, Saudi Arabia and Lagos, Nigeria next month.

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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. Australia and Asia.

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TechNode

MAY 8, 2024

Chinese food delivery giant Meituans Hong Kong-focused platform KeeTa led the territorys food delivery market in terms of order volume in March, with its 44% share of total orders surpassing rival Foodpanda for the first time, according to data from third-party analysis platform Measurable AI. Caixin, in Chinese ]

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TechCrunch

MAY 31, 2022

Appetito , the Egyptian platform that delivers groceries and household products to customers from 11 dark stores across three cities in the North African country, is acquiring Lamma , an identical startup with operations in the Maghreb regions of Tunisia and Morocco. . The deal is expected to close by the end of Q3 2022.

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TechNode

MAY 11, 2024

Chinas second-largest short video platform Kuaishou is planning to open an office in Riyadh, the capital of Saudi Arabia, soon, according to a report by the South China Morning Post quoting Kuaishous chief financial officer Jin Bing.

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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 FlapKap , using its revenue-based financing platform (RBF), is helping these stores solve the growth-destructive challenges emerging online stores encounter when trying to meet customer demands.

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TechCrunch

DECEMBER 5, 2022

Launched in March this year, OneOrder makes it possible for restaurants to order food supplies through its online platform, solving the fragmented supply chain challenges that lead to erratic prices, waste, quality issues, and storage cost. We are exploring Saudi Arabia and expanding south into our continent.

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TechCrunch

MAY 17, 2021

. “So I was always thinking, how come if we want the e-commerce to grow, and we don’t have any strong company when it comes to last-mile because, in the end, every transaction on an e-commerce platform is a transaction on a courier platform.” Bosta completes more than 300,000 deliveries per month, which is a 3.5x

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TechCrunch

MARCH 3, 2021

“We saw it as an opportunity to build a tech-enabled platform to be able to help anyone that wanted to grow their own independent brand or store,” she told TechCrunch. When merchants sign up to the platform, they send their products to one of the company’s fulfillment centers.

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TechCrunch

FEBRUARY 28, 2022

In addition, Volopay will hire aggressively in each of its new markets. . 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.

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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

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. Earlier this month, Carbon Health, a virtual care provider, laid off 8% of its workforce , citing the need to “adapt to the changing market conditions.”

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TechCrunch

JUNE 9, 2022

The startup hopes that the Series A funding will drive its presence in 12 countries, including South Africa, Kenya, Ghana and Saudi Arabia. It offers over 30 learning tracks ranging from web development to digital marketing and data science to artificial intelligence. Students on the platform go through two types of programs.

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Beth's Blog: How Nonprofits Can Use Social Media

MARCH 19, 2012

This post is brief re-cap about what I learned about technology innovation investments to develop new social media platforms and apps for the Arab World. N2VLabs provides support for the best of the best Arabia geeks who have a promising technology idea or social platform. What Happens at n2vlabs.

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TechCrunch

JANUARY 17, 2023

Until last September, Tabby, which allows users to shop with flexible payments online and in-store from global brands, including H&M, Adidas, IKEA, noon and Bloomingdale’s, was active in Saudi Arabia, UAE and Kuwait. Now, the economy’s structure is different for some of the markets we [Tabby] are in today.

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TechCrunch

SEPTEMBER 5, 2022

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, Saudi Arabia and Egypt. The company says that so far, its platform has enabled doctors to earn a total of 4.2 million CME credits.

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TechCrunch

FEBRUARY 17, 2022

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.

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TechCrunch

JULY 22, 2021

Along with the fundraise, VOCHI is elevating the company’s first employee, Anna Buglakova, who began as head of marketing, to the position of co-founder and chief product officer. The finished results can then be shared out to other platforms, like Instagram, Snapchat and TikTok. Image Credits: VOCHI.

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TechCrunch

JUNE 6, 2022

The company launched “Fenix Taxi” in Manama, Bahrain, on Monday and says it’s planning to add two additional markets this summer. Aside from Bahrain, Qatar, Turkey and the United Arab Emirates, Fenix also has a presence in Saudi Arabia, specifically with its shared and subscription scooter service.

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The Verge

DECEMBER 23, 2020

And when XPeng rolled its first exported electric vehicles off a boat in Norway last week , it accomplished something many of its peers have sought: expansion into new markets. It’s worth noting that these accomplishments — going public, starting deliveries, entering new markets — have not come without a cost. The list goes on.

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TechCrunch

AUGUST 28, 2022

As we all know, the housing market goes through cycles. Prospective home buyers, turned off by the rate surge as well as the competitive and overheated housing markets, began to reconsider their plans, as buying was suddenly far less appealing. Low interest rates mean more purchases and refinances. Fintech for good? Weekly News.

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TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. But founder Matthew Joseph Martin soon realized that the startup, backed by investors like Boost VC and Tim Draper, was serving a relatively niche market in the States. Meanwhile in Malaysia, where 61.3%

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TechCrunch

MAY 25, 2022

There’s a vast unmet demand for medical consultation in developing markets like Egypt due to low doctor supply. Esaal, one such platform that has witnessed immense growth in the last two years, is announcing a $1.7 Esaal has enlisted over 350 consultants on its platform. The company’s revenues and ARPU also increased 250% to $4.4

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TechCrunch

DECEMBER 8, 2020

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.

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TechCrunch

AUGUST 23, 2022

Servify, a startup that manages lifecycle of devices for several popular smartphone vendors including Apple and Samsung in many markets, has raised $65 million as it eyes becoming a public company in two years. Partner firms also use Servify’s eponymous platform to offer trade-ins, upgrade and financing programs to customers.

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TechCrunch

FEBRUARY 7, 2023

Following this growth, it is planning on expanding to Egypt and the UAE, while doubling down on Saudi Arabia, 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 Saudi Arabia, and RAED Ventures, with participation from MENA focused VC firm Wamda Capital. “We

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TechCrunch

FEBRUARY 3, 2022

the corporate spend space is getting increasingly competitive, with several startups clamoring to gain market share. But in the Middle East, the market is far less crowded. That has accelerated card acceptance –– with 90% card acceptance rates in the UAE and Saudi Arabia by some estimates — in the region.

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TechCrunch

APRIL 8, 2021

“ Their market opportunity is also huge; Egypt’s transformation to a cashless society is being enabled by the unique products Paymob has built.” The platform helps online and offline merchants to accept payments from their customers via several products and solutions.

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TechCrunch

MARCH 22, 2022

When it raised in September, Jeeves — which describes itself as “an all-in-one corporate card and expense management platform for global startups” — was valued at $500 million. The market looked very different in January and February than it did in December.”. This means it has quadrupled in value in just over six months.

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