2024-08-28
TechCrunch
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Kenya-based Wasoko and Egypt-based MaxAB, two of Africa's largest B2B e-commerce platforms, merge in an all-stock deal; the companies raised over $240M combined
450K+ merchants across 5 markets —$180M payment volume in Egypt, surpassing commerce sales —disbursed $20M in merchant financing; <1% default. —4,000+ employees. https://techcrunch.com/... @frankelean...
2019-12-30
Bloomberg
8 related
Egypt approves Uber's $3.1B acquisition of Careem after setting price caps and other measures designed to keep the local market competitive
Egypt signed off on Uber Technologies Inc.'s acquisition of ride-hailing peer Careem Inc. after setting price caps and other measures designed to keep the local market competitive.
2017-09-07
TechCrunch
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Amazon's Souq acquires same- and next-day delivery platform Wing.ae, which serves Saudi Arabia, UAE and Egypt, for an undisclosed sum
Ingrid Lunden / TechCrunch :
2016-11-28
Bloomberg
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Sources: Amazon is in talks to acquire Dubai-based e-commerce website Souq.com for $1B; the website sells 1.5M products in UAE, Egypt, Saudi Arabia
Bloomberg :
2016-11-27
Bloomberg
7 related
Sources: Amazon is in talks to acquire Dubai-based e-commerce website Souq.com for $1B; the website sells 1.5M products in UAE, Egypt, Saudi Arabia
No final decisions have been made, talks could still falter — Middle East e-commerce site initially planned to sell a stake
2016-11-26
Bloomberg
6 related
Sources: Amazon is in talks to acquire Dubai-based e-commerce website Souq.com for $1B; the website sells 1.5M products in UAE, Egypt, Saudi Arabia
No final decisions have been made, talks could still falter — Middle East e-commerce site initially planned to sell a stake
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