Wamda

Saudi Arabia

Edtech Noon closes $41 million Series B

Saudi Arabia-based edtech Noon has raised a $41 million Series B funding round, co-led by Wa’ed Ventures and Raed Ventures with...

Saudi Arabia

Saudi Arabia-based e-commerce platform Noon has cut 10 per cent of employees at its Dubai office to reduce costs according to...

U.A.E

Dubai real estate developer Emaar will sell its fashion e-commerce platform Namshi to Noon for $335.2 million. Emaar, which is listed...

Regional

E-commerce platform Noon.com is receiving $2 billion in financing from investors including Saudi Arabia’s sovereign wealth fund...

U.A.E

UAE-based super app Careem, has introduced a commission-free model for its restaurant partners in a step to relieve the economic impact of...

Regional

Namshi is set to expand to Egypt and establish a logistics base in Saudi Arabia following Emaar Malls' full acquisition of the...

Global

Jollychic, a Chinese online store founded in 2012, has a value of $1 billion after a Series C round from the global venture firm Sequoia...

Regional

Kuwait-based retail franchise operator MH Alshaya Co has acquired a strategic stake in Noon, the region’s new ecommerce platform,...

Regional

With an initial investment of $1 billion, regionally-based real estate company Emaar is launching an ecommerce platform from Riyadh....