Likee, a popular short-video platform in the Middle East and North Africa (MENA), is transforming how people consume content and acquire knowledge. Likee, a popular short-video platform in the Middle East and North Africa (MENA) region, is transforming how people consume content, acquire knowledge, and become familiar with various fields such as health, cooking, art, […]
Saudi delivery startup BARQ has secured $4 million in a seed round. The money will be used to expand the firm’s geographic footprint in the Kingdom and diversify its product offerings. The round was led by early stage venture capitalists OTF Jasoor Ventures, and Hambro Perks Oryx Fund — a Middle East and North Africa-focused […]
ExpandCart, the eCommerce platform in the Middle East and North Africa, has secured $2.7 million in a pre-series B bridge round of financing, led by Hong-Kong based Betatron Venture Group with participation from existing investors; Sawari Ventures from Egypt, and Agility Ventures from Kuwait. Founded in 2016, ExpandCart is one of the largest eCommerce platform […]
GoDaddy, the firm that empowers everyday entrepreneurs, is tying up with MyFatoorah in the Middle East and North Africa (Mena) region, to offer new payment solutions to GoDaddy’s eCommerce solution. MyFatoorah, a local UAE payments provider, specialises in secure, swift payment solutions across the GCC region. The new addition to the GoDaddy E-store offering in […]
Opontia, a startup that acquires and grows eCommerce brands, announced that it has raised $42 million. The Series A funding round was a mix of equity and venture debt, with STV, the largest venture capital fund in the Middle East and North Africa, leading the equity investment. Further testament to Opontia’s potential and strong expansion […]
Increff, the India-based data technology venture in the fashion and lifestyle segment, has finalised partnership deals with UAE’s brands in fashion and logistics, Namshi and Aramex. The deal will enable the two UAE companies to gain access to Increff’s multichannel smart fulfilment platform Assure, which helps companies automate processes, improve manpower efficiency and reduce operational […]
The Saudi Research & Media Group (SRMG) announced the acquisition of a 51 per cent controlling stake in Arabic podcast platform Thmanyah, one of the leading podcast platforms and documentary producers in the Middle East and North Africa (Mena) region. SRMG’s acquisition of Thmanyah is part of the Group’s new digital-first, multi-platform approach and commitment […]
MENA’s consumer digital economy is set to double in the coming three years to reach $100 billion, according to a new report by RedSeer. The strategy consulting firm has been tracking the development of the consumer digital economy for years, leveraging this know-how to find that while the Middle East and North Africa’s market is […]
DoubleVerify, a leading software platform for digital media measurement, data and analytics, announced the expansion of its business into the Middle East and North Africa (MENA) region. To support its operations, DV has appointed two new business directors – Johara Abdelmoumen and Wassim Mneimneh – both of whom join with extensive experience of the region. Based in DV’s Dubai office, they will […]
