ChannelEngine raises $50M to help retailers sell through marketplaces
ChannelEngine, a platform that helps retailers connect with and sell through more than 200 marketplaces, raises $50M for an operating system that helps retailers sell through marketplaces, Today.
This funding will be used both to...
Best WordPress Real-time Backup Plugin Tools – Pros & Cons
With the increasing number of WooCommerce sites being built every day, especially after the pandemic, the demand for specialized WooCommerce hosting and real-time backups has also increased.
If you are running a successful e-commerce business,...
Saudi Sary Acquires Egyptian B2B Marketplace ‘Mowarrid’
Saudi Arabia-based B2B e-commerce platform Sary has acquired Mowarrid, an Egypt-based B2B marketplace, for an undisclosed amount.
Mowarrid (founded in 2018) by Ahmed Essam, one of the leading B2B marketplaces in Egypt, focuses on B2B...
Egyptian mother, baby online shop Mumerz raises $1.2m
Egyptian Mumerz.com announced that it has successfully secured $1.2m in a pre-seed round led by local fund Disruptech.
Launched recently, Mumerz.com is a parent and child community platform and a one-stop online shop for all parent and child...
UAE’s logistics startup Shorages secures $700K in seed
Shorages, UAE's logistics startup, has closed its Seed funding round of $700,000, led by Mayfair Holdings.
Founded by Rayan Osseiran in 2019, Shorages provides e-commerce platforms with digital, regulatory, and warehouse infrastructure needed...
Egypt’s online grocery Tawfeer secures $500K investment
Alex-based Tawfeer Market, the Egyptian online grocery retail startup, has raised US $500K in a seed round. Alexandria Business Angels Networks contributed to the funding round.
The startup operates in Egypt's second populated city, Alexandria,...
Egypt’s Gahez Market secures US $2M in pre-seed
Cairo-based Gahez Market, a B2B E-commerce startup, has secured US $2M in its pre-seed round. Disruptech Ventures led the funding round; other investors also participated, Egypt Ventures and Tanmeyah (an EFG Hermes company). Besides...
Egypt’s Sympl raises $6M in seed round by Beco Capital, Global Ventures, A15
"Save Now, Pay Later” fintech startup, Sympl has raised $6M following its launch last month. The investment is led by three top Venture Capital firms in the region including Beco Capital, A15, and Global...
Egyptian E-grocery Rabbit Raises $11M in Pre-Seed
The Egyptian E-grocery platform Rabbit has successfully secured $11M in its Pre-Seed round. The deal was led by Global Founders Capital, Foundation Ventures, Raed Ventures, MSA Capital, and Goodwater Capital.
Rabbit is an on-demand quick...
Carrefour Signs A Partnership with Meta
Carrefour has launched a partnership with Meta; to support the group's digital transformation, and provide more personalized experiences for customers and 320,000 employees.
The initiative will be rolled out across the group's nine integrated countries (France,...