Global Startup Watch: Airbnb is making money, Rocket Internet might make money, Giphy hopes to make money The world of entrepreneurship news is a complex one, with people ever ready to give their two cents on how you should be running your... Lucy Knight • 01 June, 2017 Startup Watch Giphy Airbnb
Kuwait Kuwait’s Carriage acquired by Delivery Hero Delivery Hero Group (Delivery Hero), the global online food ordering and delivery marketplace, announced today it has agreed to acquire... Staff writer • 29 May, 2017 Carriage Delivery Hero kuwait
Global What I know about emerging markets: Mario Berta Starting up in emerging countries can be a blessing and a curse. On the one hand, the value of coming into a non saturated market... Dana Ballout • 02 January, 2017 Mario Berta Rocket Internet Fly Spaces
Iran Iran startup Snapp raises $22M Series A Iranian ride sharing startup Snapp has secured a 20 million euro (US$22 million) Series A investment. The deal, reported in Tech... Rachel Williamson • 10 October, 2016 Snapp Iran Internet Group Rocket Internet
Maghreb Kaymu takes the lead in Algerian ecommerce Kaymu leads Algeria’s budding e-commerce sector. (Images via Kaymu) With its 40 million inhabitants, Algeria’s untapped digital market is s... Aline Mayard • 13 April, 2016 AIG Kaymu algeria
Saudi Arabia Building a real estate startup in Saudi's stagnant market The decrease in oil prices also affected the real estate market. (Image via news.weetas.com) Online real estate platform Lamudi,... Safar Ayad • 28 March, 2016 lamudi hellofood Carmudi
Global AIG raises $326M for Jumia expansion AIG is putting considerable money into its online marketplace Jumia. (Image via MrXAfrica) Africa Internet Group (AIG), Africa's... Rachel Williamson • 03 March, 2016 Jovago MTN Millicom
U.A.E UAE cleaning platform gets investment from Yemeksepeti founder Outsourcing your housework can be a chore, pun intended. (Image via Stephen Swintek/Getty Images) JustMop, the latest addition to a... Lucy Knight • 22 February, 2016 Just Mop cleaning yemeksepeti
Regional Wadi.com raises $67M Series A Ecommerce platform Wadi.com announced yesterday the closing of a $67 million Series A funding round led by Al Tayyar Group. The... Maya Rahal • 15 February, 2016 Wadi.com Al Tayyar Group Series A
Egypt Egypt's Otlob sold for a bargain to Rocket Internet Egyptian food-ordering website Otlob has been snapped up by Rocket Internet, but at an almost firesale price. The acquisition by... Rachel Williamson • 26 October, 2015 online food ordering otlob Rocket Internet
Regional Zomato raises $60M round Restaurant review app Zomato has raised a $60 million round, led by Singapore investment company Temasek, and will use some of those... Rachel Williamson • 08 September, 2015 zomato ifood.jo uae
U.A.E The Dubai startups at your service For the money-rich and time-poor white collar workers of Dubai, chores are largely a thing of the past. For several years at least,... Stephanie d'Arc Taylor • 20 July, 2015 maids.ae helpling service economy
Maghreb Nurture your network, PR tips for startups Entrepreneurs had a workshop in an intimate setting. (Images via Kaymu) When and how does one communicate the launch of a new project?... Sara Kadaoui • 30 June, 2015 Kaymu startupyourlife Casablanca
Regional Goldman Sachs leads new $100M round for Hellofood Hellofood, the global online food delivery platform, whose most recent acquisitions in the region were the food delivery... Lucy Knight • 04 May, 2015 investment round hellofood Funding
Turkey Biggest tech exit in the region, Turkey’s Yemeksepeti acquired for $589M Delivery Hero, the Berlin-based billion-dollar food delivery service, has acquired Turkey’s Yemeksepeti for $589 million. Not only is this ... Lucy Knight • 05 May, 2015 Delivery Hero yemeksepeti Rocket Internet
Global The growing list of global VCs investing in MENA startups Earlier this year we published an article about the reasons behind foreign VCs' increase interest in the Middle East. Here... Lucy Knight • 06 October, 2015 vostok new ventures New Enterprise Associates Goldman Sachs
Maghreb Inside Jumia Maroc, a well-oiled machine It may be an ordinary building in the residential neighborhood of Socrate in Casablanca, but the discrete design doesn’t lie, we’re sta... Aline Mayard • 20 April, 2015 Jumia morocco Rocket Internet
Regional Global VCs investing in MENA are like pink diamonds: rare but existent Though it might seem quiet, some VCs are on the prowl. Towards the end of 2014 Wamda published an interview with Lebanese VC Khaled Nasr.... Lucy Knight • 10 March, 2015 MarkVIP Jereen Utrack.tv
Kuwait Rocket Internet acquires Kuwait’s Talabat for $170M, largest MENA tech acquisition since Maktoob Since Yahoo! acquired Maktoob in 2009 for $165 million the region has anticipated the next big exit. Today the German ecommerce... Lucy Knight • 11 February, 2015 talabat Food delivery Rocket Internet
Saudi Arabia Hellofood closes big year in Saudi with Mobily Ventures investment Hellofood’s big year in Saudi Arabia just got its cherry on top: investment from the newly launched Mobily Ventures. After its April 2013 ... Stephanie d'Arc Taylor • 28 October, 2014 otlob talabat foodonclick
Maghreb Could Jumia be the Alibaba of Africa? Alibaba’s successful IPO fixed everyone’s attention firmly on e-commerce in fast-growing markets, and especially on marketplaces, like eBa... Aline Mayard • 30 September, 2014 Jumia marketplace Rocket Internet
Regional Rocket Internet car classifieds takes Saudi, Qatar, and the UAE in one big gulp Over the years, the Samwer brothers’ Rocket Internet has made a name for itself; if not for its business model, for its aggressive (and b... Stephanie Nour Prince • 18 September, 2014 classifieds Carmudi qatar
Maghreb Behind the scenes at Rocket Internet's eBay in North Africa When we hear about Rocket Internet, it’s usually related to massive fundraising, aggressive strategies, and management style (check out o... Aline Mayard • 28 August, 2014 Kaymu Rocket Internet
Startup news ticker: PricePanda secures 3 million dollars from Tengelmann Group Welcome to Wamda's weekly startup news ticker, which will offer quick announcements and stories relevant to the region. If you have a quick... Wamda • 27 January, 2014 ticker Rocket Internet Investment