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10.4KNewsUber to lay off 3,700 employees or about 14 percent of its global workforce
Uber, the global ride-hailing company is laying off about 3,700 full-time employees, it revealed in an SEC filing today. The cuts are...
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7.9KNewsOpinion: Winter is coming for emerging markets venture capital
As usually happens this time of year, people who live in developed markets in the Northern Hemisphere are grateful for the end...
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16.2KAdviceEcommerce post-Covid-19: Few winners and many losers
Churchill once said: ‘Never let a good crisis go to waste,’ and Covid-19 was the perfect crisis for ecommerce. Once suffering from...
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9.8KNewsThe Roundup – Ep. 1: Layoffs at Careem, Uber Eats exiting Middle East, EMPG becoming a unicorn, and more
MENAbytes Live has teamed up with Digital Digest to launch a show that would highlight and discuss the biggest tech and startup...
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4.0KOpinionsOpinion: How the washing machine changed the world more than the internet
Ha Joon Chang, an economist and professor at Cambridge University wrote in his book, 23 Things They Don’t Tell You About Capitalism,...
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3.8KNewsKitopi lays off over 10 percent of its workforce, mostly from New York
Kitopi, the Dubai-based cloud kitchen platform that raised $60 million in a massive Series B round earlier this year, has laid off...
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5.0KInvestmentsInstabug raises $5 million Series A led by Accel for expansion across mobile development lifecycle
Cairo-born software startup Instabug has raised $5 million in a Series A round, it announced in a statement to MENAbytes today. The...
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5.7KNewsUber Eats exits Saudi & Egypt, transfers business to Careem Now in UAE
Uber Eats, the food delivery arm of Uber is exiting Saudi Arabia, Egypt, and five other markets, the company announced in a...
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11.4KNewsCareem is killing its mass transportation service ‘Careem Bus’
Careem is killing its mass transportation business Careem Bus, company’s CEO Mudassir Sheikha announced today. The decision was announced by him as...
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22.0KNewsCareem lays off 31 percent of its workforce as business takes a big hit due to Covid-19
Dubai-headquartered ride-hailing (super-app) company Careem that was acquired by Uber earlier this year is laying off 536 of its employees which make...
