Wamda

Global

Floward raises $27.5 million in Series B

Kuwait-based flowers and gifts marketplace Floward, has raised $27.5 million in a Series B funding round led by STV with participation...

Floward Floral markerplaces ecommerce

U.A.E

The Luxury Closet raises $14 million

UAE-based The Luxury Closet has raised $14 million in a round led by GMP Investments, with participation from regional and...

The Luxury Closet

Egypt

Openner invests in tejarra.com’s Seed round

US-based VC and venture builder, Openner, which last year launched its accelerator in Cairo, has invested in electronic e-commerce...

Openner

U.A.E

Opontia raises $20 million Seed round

Dubai-based e-commerce enabler Opontia, has raised $20 million in debt and equity in a Seed round from Global Founders Capital,...

b2b B2B e-commerce

Egypt

Homzmart closes $15 million Series A round

Egypt-based Homzmart, an online furniture and home goods marketplace has raised $15 million in its Series A round led by MSA...

Homzmart

Regional

Clean disruption: The rise of clean beauty marketplaces in Mena

It was personal need that pushed Amina Grimen and Ayat Toufeeq to launch an e-commerce site dedicated to skincare. The pair were struggling...

clean beauty

Saudi Arabia

Sary raises $30.5 million Series B

Saudi Arabia-based B2B marketplace Sary has raised $30.5 million in a Series B round led by VentureSouq with participation from new...

SARY B2B e-commerce b2b

Regional

The importance, potential and impact of the circular economy

Earlier this year, the UAE established a federal circular economy council to generate new economic opportunities, reduce the use of natural...

re-commerce circular economy

Regional

E-commerce's next wave of growth is in B2B

When Sultan Alasmi co-founded Zid, an e-commerce enablement platform based in Saudi Arabia back in 2017, he was repeatedly met with...

E-commerce B2B ecommerce

Regional

Localization: The Future of E-commerce

Did you know that you lose 40% of your potential global customers if you don’t communicate in their native language? If...

Regional

The future of e-commerce will be hyperlocal says CEO of noon

The future of e-commerce will be hyperlocal according to noon CEO Faraz Khalid, who said he spent up to 80 per cent of his time last year...

E-commerce

Regional

Wamda launches e-commerce whitepaper in partnership with MIT

Wamda, in partnership with the Legatum Center for Development and Entrepreneurship at MIT, has launched a whitepaper on the e-commerce...

E-commerce Wamda Research Lab

Regional

How Covid-19 unlocked the adoption of e-commerce in the Mena region

Wamda, in partnership with MIT Legatum Entrepreneurship Center, will be hosting an online panel to launch a report on ‘How...

Saudi Arabia

Alhokair and ACC acquire majority stake in UK's Vogacloset

Saudi Arabia-based retailer Alhokair and mall operator Arabian Centres Company (ACC) have come together to acquire a combined 51 per cent...

E-commerce Vogacloset

Regional

Will loyalty become a new form of currency?

Repeat custom is the lifeblood of all commerce, selling a product or service once to a person is easy enough, getting them to buy it again...

customer loyalty

Egypt

Why Belal El-Megharbel left Careem and shunned his family business

This article originally appeared on the International Financial Corporation (IFC) website. By Gloria Mwaniga Odary In 2018, when Belal...

MaxAB B2B marketplace

Egypt

Opio raises $300,000 seed investment

Egypt-based women’s fashionwear brand Opio has raised $300,000 in a seed round from AUC Angels, local and regional angel investors...

direct-to-consumer

Regional

What is driving the growth of buy now pay later?

Before the emergence of online shopping, there were shopping catalogues, published and distributed by retailers who offered everything from...

BNPL Tabby

Saudi Arabia

Salla raises $8.5 million in Series A

Saudi Arabia-based e-commerce Salla, has closed a SAR32 million ($8.5 million) Series A round led by STV, with participation from existing...

Salla Series A

Regional

The unstoppable growth of e-grocery

E-grocery remains the fastest growing segment of e-commerce in the Middle East according to new research from RedSeer Consulting, growing...

e-grocery

Regional

Techne Summit Alexandria 2020

Techne Summit is coming to you this year on November 7-8-9 as a Hybrid Event! So, if you can't attend in person, you can...

Saudi Arabia

Penny Software raises $1.35 million Seed with participation from Wamda

Saudi Arabia-based Penny Software has raised $1.35 million in a Seed investment round from Wamda, Class 5 Global, Outliers VC, Plug and...

b2b marketplace Penny

U.A.E

Awok’s failure: Pandemic victim or cash mismanagement?

Wamda cannot verify the claims that Hussein Khafagy, head of customer experience at Awok makes below Last week, Dubai-based...

awok.com failures

U.A.E

eyewa raises $2.5 million pre-series B bridge round

Wamda, the Middle East region's leading startup ecosystem enabler, has invested in UAE-based eyewear e-commerce player eyewa, which has...

eyewa wamda Wamda Capital

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