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Quick-commerce startup YallaMarket eyes Saudi Arabia and Qatar next year after U.A.E expansion

TechCrunch

YallaMarket, a Dubai-based quick-commerce startup, is planning to expand within the United Arab Emirates (U.A.E), and to enter Saudi Arabia and Qatar next year, to tap the appetite for speedy and convenient grocery shopping. The startup, which was formally launched last month, is expanding in the U.A.E

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Our WIPO Statement on the Treaty for Access for People with Disabilities

Beneblog: Technology Meets Society

For example, all residents with the qualifying disabilities in Australia, Denmark and Qatar, to pick just three examples, now have free access to Bookshare thanks to our joint efforts with local and national disability groups in these countries.

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Compass files S-1, reveals $3.7B in revenue on net loss of $270M

TechCrunch

Other investors include the Canadian Pension Plan Investment Board, Fidelity, Wellington Management, and the Qatar Investment Authority, according to Crunchbase. Compass is not profitable but it did see a massive surge in revenue over the past few years. That financing valued Compass at $6.4 million in 2016 to a whopping $3.7

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Indian edtech giant Byju’s raises $250 million in fresh funding

TechCrunch

The company, India’s most valuable startup, declined to comment on the valuation but said Qatar’s sovereign fund, Qatar Investment Authority, participated in the round. “This means the capital that we now invest in our business will result in profitable growth and create sustainable social impact.

Fund 81
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UK challenger bank Starling raises $376M, now valued at $1.9B

TechCrunch

The bank is already profitable. It posted operating profits for a fourth consecutive month, and net income currently exceeds £1.5 Starling — which competes against incumbent banks, as well as other challengers like Monzo and Revolut — said it will be using the money to continue its growth. million per month.

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Flipkart chief warns startups of turmoil and funding crunch for another 12 to 18 months

TechCrunch

In 2001, companies saw a 2x to 6x spike in valuation with some underlying growth and profitability assumptions for the next two to three years. Some startup founders believe that they will not be able to attract and retain the talent if a funding event suddenly makes the employees’ existing stocks less valuable. “In

Fund 92
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Checkout.com raises $1B round at $40B valuation

TechCrunch

Investors who participated in the round include Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, the Qatar Investment Authority, Tiger Global, the Oxford Endowment Fund and “another large west coast mutual fund management firm,” the company writes in its announcement. Why did Checkout.com raise so much money? Because they can.

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