Posts By Zubair Naeem Paracha
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3.9KNewsDubai’s Majid Al Futtaim has acquired Saudi grocery delivery platform Wadi.com
As reported by MENAbytes last month, Dubai-based Majid Al Futtaim has acquired the Saudi online grocery delivery platform, MAF’s CEO Alain Bejjani confirmed,...
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2.5KNewsCareem Bus expands to Saudi, launches an inter-city bus service between Jeddah and Makkah
Careem Bus is expanding to Saudi with the launch of a direct bus service between Jeddah and Makkah, the company announced today,...
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1.7KNewsUber tanks further 11% on second day, market cap falls below $63 billion
Uber’s stock continued its bad run on the second day of trading, falling by 10.7 percent to close at $37.10 after debuting...
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2.8KNewsCareem in talks to acquire a bike-sharing startup: report
Careem, two months after announcing that it’s getting acquired by Uber for $3.1 billion is now reportedly in talks to acquire a...
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1.7KNewsUber stumbles almost 8% on its disappointing stock market debut, valuation goes down to $76 billion
Uber’s highly anticipated IPO debut didn’t end well, with one of the most valued VC-backed companies, losing 7.62 percent on its first...
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4.6KNewsCairo-based sports data startup ArqamFC gets acquired by UK’s StatsBomb
Cairo-based sports data startup ArqamFC has been acquired by English football analytics company StatsBomb, the Egyptian startup told MENAbytes today. Founded by...
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2.2KNewsThe MENAbytes Drop – Ep. 1: HungerStation’s top execs leave, Glovo exits Egypt, Souq becomes Amazon, and more
We’re having another go at podcasts. But it’s different this time. I’ll explain how but let me give you some background first....
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3.9KInvestmentsCairo-based Odiggo raises $180,000 seed for its auto spare parts ecommerce marketplace, plans expansion to Saudi
Odiggo, a Cairo-based ecommerce marketplace for auto spare parts has raised $180,000 as seed funding at the valuation of $1.25 million from Saeed...
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3.4KInvestmentsKitab Sawti, an Arabic audiobook platform, raises $6 million Series A from international and regional investors including Careem’s Abdulla Elyas
Arabic audiobook platform Kitab Sawti that claims to be the largest of its kind has raised $6 million Series A from new...
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2.9KNewsExclusive: HungerStation’s COO, CMO & CHRO also leave amid ongoing leadership reshuffle by Delivery Hero
HungerStation’s Chief Operating Officer Abdulrahman Bahashwan, Chief Marketing Officer Ali Al Khalil, and Chief Human Resources Officer Ali Al Ghamdi have left the company...