Technology
-
3.8KJumia becomes first African startup to launch US IPO, shares soar over 50% within first hour valuing the company at over $1.5 billion
Almost a month after filing for an initial public offering (IPO) on New York Stock Exchange, the Lagos-headquartered ecommerce startup Jumia today...
-
2.7KDubai-based investment advisory platform Sarwa launches Halal and Socially Responsible Investing (SRI) portfolios with account minimum of $500
Sarwa, a Dubai-based investment advisory platform that enables people to make investment allows people to make investments automated investment platform where the...
-
2.7KUber and Careem will continue to operate their services and brands independently in MENA after the acquisition is complete
Uber today announced the acquisition of its Middle East rival in a cash and stock deal that valued the company at $3.1...
-
4.7KIt’s official: Uber has acquired Careem for $3.1 billion in a cash and stock deal
It is official. After almost a year of rumors, Uber today has announced the acquisition of its Middle Eastern rival for $3.1...
-
18.2K
Uber set to announce $3.1 billion acquisition of Careem in a cash and stock deal this week: report
Uber is set to announce $3.1 billion acquisition of Careem in a cash and stock deal as early as Tuesday this week,...
-
3.7KCareem now provides free in-ride insurance to passengers and captains in all its markets
Careem has launched an in-ride insurance program to provide free in-ride insurance to passengers and captain in all the 15 markets where...
-
4.7KCairo-based wellness startup Instadiet.me selected for Google Launchpad Accelerator
Egyptian wellness startup Instadiet.me has been selected for Google Launchpad Africa’s third cohort, Google revealed in a blogpost last week. It is...
-
2.1KUber launches slimmed down version of its ride-hailing app ‘Uber Lite’ in UAE & Saudi
Uber has launched Uber Lite, a slimmed down version of its ride-hailing app in United Arab Emirates & Saudi, the company announced...
-
3.2KExclusive: Kuwait’s Carriage expands to Egypt, launches in Cairo after onboarding 600 restaurants
Kuwait-based food delivery startup Carriage has expanded to Egypt, the startup told MENAbytes today, adding that they’ve been testing the service for over...
-
4.0KNetflix’s Mideast rival Starz Play now has 1 million subscribers in 20 countries
Starz Play, the Dubai-based subscription video on-demand (SVOD) service and Netflix’s rival in the Middle East now has reached the milestone of...