Cairo-based online household shopping service, GoodsMart, has raised additional funding of $3.6M, led by Sawari Ventures to accelerate market expansion. The company launched in 2014 as a grocery shopping application with unattended delivery service. Unlike most online grocery startups across the region, GoodsMart’s model is quite different, by enabling households to sign up and receive […]
Coralogix announced it has raised $55 million in a Series C funding round, bringing the company’s total amount raised to $96 million. New investor Greenfield Partners led the round with participation from Red Dot Capital Partners, StageOne Ventures, Eyal Ofer’s – OG Tech, Janvest Capital Partners, Maor Investments, and 2B Angels. Coralogix is the leading […]
Riyadh-headquartered B2B asset-light last-mile startup, WeDeliver, has announced the closing of its unprecedented $2.4 million pre-Seed round. This is the largest pre-Seed round for a Saudi-based startup and the third-largest for a startup in the MENA region. The company, founded by three industry entrepreneurs, launched operations in Riyadh in April 2020, just a few weeks […]
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 […]
Pinterest has introduced two new features – Product Tagging and Paid Partnership -which will enable Creators to monetise for the very first time, tag their Ideas Pins with shoppable products, and make clear any partnerships with brands on sponsored content. Anyone with a business account can create Idea Pins and tag them with shoppable products, […]
Jeeng announced the launch of its new AdServe for Push that allows publishers to traffic ads from their Google Ad Manager (GAM) inventory into browser-based push notifications. The new capability enables publishers to easily monetise this fast-growing channel using existing ad inventory directly from GAM, extending their direct-sold campaigns to create a valuable new revenue […]
Integral Ad Science announced a new partnership with The Global Disinformation Index (GDI), making IAS the first ad verification company to help marketers avoid misinformation content based on GDI’s standards. Building on IAS’s expertise in brand safety and suitability, this partnership further protects brands from running ads on sites that GDI has identified for misinformation. […]
Mark Zuckerberg doesn’t just want you logging in to his company’s products. He wants you living, working and even exercising inside them. That’s the very high-level idea behind the ‘metaverse,’ a vision for the future of Facebook Inc. and the entire internet that Zuckerberg started pushing aggressively in the past week. “In the coming years, […]
Snapchat is adding more to its location-sharing feature, Snap Map, with a feature it calls My Places. The new feature lets Snapchatters discover popular locations and save their favourite places to revisit later. They can also see where they’ve been with the “Visited” tab. It also lets you see where others are in your area […]
Middle East-based ride-sharing technology startup Swvl Inc. is nearing a deal to go public via a merger with a special-purpose acquisition company, according to people familiar with the matter. Dubai-based Swvl plans to merge with Queen’s Gambit Growth Capital in a deal that values the company at roughly $1.5 billion, the people said. Swvl was […]
