2025-09-07
Financial Times
Noon, an Amazon rival in the Middle East that has raised $2.7B since its 2016 launch and is now valued at “close to” $10B, is planning an IPO within two years
Saudi Arabia-backed group mulls dual listing as it pushes into autonomous delivery
2025-07-16
Bloomberg
Riyadh-based Lucidya, which develops customer experience software, raised a $30M Series B led by Impact46, marking the largest AI funding round in Saudi Arabia
Yassmin Jabri / Bloomberg :
2025-05-13
Bloomberg
2 related
Beijing-based Meituan says it plans to spend $1B over five years to bring its food delivery service Keeta to Brazil, after a Saudi Arabia rollout in 2024
Bloomberg :
2025-03-12
Bloomberg
2 related
Deliveroo exits Hong Kong after tough competition from Foodpanda and Meituan's Keeta, which has expanded to Saudi Arabia, with 1M weekly users, per Sensor Tower
Bloomberg :
2025-02-26
Tech.eu
1 related
Flow48, which provides revenue-based financing solutions for SME, raised a $69M Series A in debt and equity led by Breega and plans a Saudi Arabia expansion
Lucy Adams / Tech.eu : LinkedIn: Enrique Martinez Hausmann LinkedIn: Enrique Martinez Hausmann : Excited to see Flow48 secure a $69M Series A to expand into Saudi Arabia and strengthen its leadership...
2025-01-08
Bloomberg
2 related
Magnitt: VC funding in the Middle East fell 29% YoY to $1.5B in 2024, with Saudi Arabia accounting for $750M, down 44% YoY, while the UAE saw $613M, down 8% YoY
Fahad Abuljadayel / Bloomberg :
2024-07-04
Bloomberg
2 related
A look at the inaugural Esports World Cup, a multi-genre tournament in Riyadh funded by Saudi Arabia, featuring 1,500+ gamers and a record $60M+ prize pool
Bloomberg :
2024-03-28
Bloomberg
1 related
Analysis: in the past two years, Amazon committed to spending $148B over 15 years on data centers, including in Mississippi, Saudi Arabia, and Malaysia
Matt Day / Bloomberg :
2024-03-05
Bloomberg
3 related
At a Riyadh event, Amazon says the company plans to spend $5.3B in Saudi Arabia to create new AWS infrastructure by 2026, DataVolt plans to invest $5B, and more
Matthew Martin / Bloomberg :
2024-01-10
Bloomberg
Magnitt: startups in Saudi Arabia raised $1.4B in 2023, up 33% YoY, for a 52% share of VC funding in the MENA region, beating the UAE for the first time
- Saudi Arabia dominates tech scene with 52% share of funding — Overall regional funding drops 23% amid shifting landscape
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