Fashion startup Fashinza plans to enter all GCC markets with a focus on the UAE. They will look forward to partnering with apparel retailers as well as commercial brands. The company, which was founded by serial entrepreneurs Abhishek Sharma, Pawan Gupta, and Jamil Ahmad, had recently secured $20 million in series A VC funding. Fashinza […]
“Companies must prioritise digital transformation across their entire ecosystem, taking a measured approach that evolves the business at pace without causing massive disruption. This is still a challenge for many companies transforming their customer experience and business models in a rapidly evolving digital world to ensure their survival,” said James Kirby, SVP & Head of […]
Yegertek, a Dubai-based customer experience and loyalty tech solutions provider has received funding of an undisclosed amount from GCC and India focused Venture Capital firm NB Ventures, which is led by Dubai’s retail and technology investor, Neelesh Bhatnagar. “With a constantly increasing portfolio of high profile clients driving our rise, the funding from NB Ventures […]
Globally, the Gulf Cooperation Council has been one of the fastest-growing eCommerce markets, increasing from $5.3 billion in 2015 to $17.7 billion in 2019, and forecast to reach $50 billion in 2025, according to data from Kearney Middle East and Statista. In any digital market, maintaining strong growth is a challenge. It’s one thing to […]
With the UAE’s economy opening up and mobility once again on an uptick post-pandemic, Udrive, the app-based pay-per-minute car rental service, is accelerating its growth — by doubling its fleet size over the next 3 months and targeting 500 per cent revenue growth in the next 12 months — as it looks to continue disrupting […]
While the global programmatic advertising market is set to reach $150 billion, the Middle East is recognising the greater benefits of the advanced adtech, including pDOOH Sixty programmatic ad versions resulted in 650,000 new prospective customers and a 10:1 ROI — The Economist wanted to persuade readers to buy and trust their publication. Leveraging programmatic […]
Consumer appetite for digital banking services continues to grow in Gulf Cooperation Council (GCC) countries, accelerated further by the COVID-19 pandemic, according to a new survey conducted by Backbase with YouGov. 77 per cent of respondents in the GCC access digital banking services at least once a week 44 per cent are willing to switch […]
The rising eCommerce revenues have impacted digital marketing in the GCC, indicating an increasing business value Hugo Boss recently announced their online expansion to another 12 countries, of which five are in the Gulf Cooperation Council (GCC) region. The increasing digital presence and marketing in the GCC look optimistic, but let us have an in-depth […]
Across the GCC bloc, fingerprint and facial recognition regulate entry into factories, ensure employee attendance, and even offer access to telephone records. But with the coronavirus disease (COVID-19) pandemic making people recoil at the thought of touching public surfaces, biometric identification providers have had to rethink their business. Zain Moosa and Syed Abrar Ahmed launched […]
