Ecommerce
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3.1KCareem steps into online fashion retail with the launch of Dukkan Careem
When you have raised more than $500 million in funding and have built a crowdsourced fleet network in more than fifty cities...
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9.2KSouq vs Noon: Who offers better customer experience?
Being an obsessed online-shopper – the kind who shops almost anything that can be shopped online, I couldn’t help but notice that...
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6.5KNoon vs Souq vs Wadi: who offers best prices for mobile phones, laptops, tablets & smartwatches
After almost ten months of delay, Noon.com finally launched in UAE. Founded by Emirati real-estate tycoon Mohamed Alabbar and backed by Saudi Public Investment, Kuwait’s...
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5.6KNoon goes live in UAE, to launch in Saudi in coming few weeks
As reported by MENAbytes last week, Noon, the billion-dollar ecommerce venture of Mohamed Alabbar is now live and can be accessed in...
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11.2KNoon’s latest email to its sellers suggests that it could be going live in next few days
Noon has sent out an email yesterday to its sellers highlighting details about the order cycle, cancellations and late processing of orders. The...
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5.2KAlshaya, one of the largest franchise operators of region invests in Noon
Alshaya, one of the largest franchise operators in MENA that has operations in Russia, Turkey & Europe as well, has acquired a stake in Noon. It has...
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10.4KList: Venture Capitalists (VCs), Accelerators & Angel Groups in MENA
With so much happening in MENA’s startup ecosystem, the number of VCs and angel investors is also growing. From governments to companies,...
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3.3KSouq.com which was acquired by Amazon for $580 million would’ve been worth $675 million today if it was an all-stock deal
There were a lot of rumors to how much Amazon acquired Souq.com for but Amazon’s quarterly filings for 2017 Q1 confirmed the price....
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2.8KAlabbar’s Emaar Malls acquires 51% stake in Rocket Internet’s Dubai-based Namshi for $151 million
Mohamed Alabbar’s Emaar Malls has acquired a 51% stake in Namshi for $151 million in an all-cash trasaction. That makes 5-year old Namshi valued...
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4.8KSouq.com was acquired for $580 million: Amazon’s 2017 Q1 report to SEC
Souq.com’s acquisition by Amazon was not really straightforward. The whole episode had a lot of twists and turns before confirmation by both the...