Tag Archives: startups

Storytel Acquired Kitab Sawti

Swedish audiobook streaming service, Storytel, is acquiring UAE-based audiobook competitor, Kitab Sawti. The Arabic audiobook platform will combine its audio content lineup with the Swedish group’s Storytel Arabia to form ...

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Saudi Arabia overtakes Turkey in mobile games consumer spend amid Covid-19 says Tamatem.co

The country has seven times more average revenue per user than China, highest in the world, Tamatem COO says Jordan-based mobile games publisher for the Arabic speaking market – Tamatem ...

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Dubai’s GrubTech raises $2 million

Dubai-based restaurant and cloud kitchen management platform GrubTech has raised $2 million in a seed round, it announced today. The startup did not share the names of the investors but ...

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Mubadala invests $1.2 billion in Jio Platforms

Mubadala, the Abu Dhabi-based sovereign investor has announced today that it is investing $1.2 billion in Idnain’s leading digital services company Jio Platforms. The investment will be made at an ...

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Jahez secures $36 million series A funding

Jahez, a food delivery platform offering a full logistics solution has raised $36M USD Series A funding, led by reputed investor, Impact46. Jahez utilizes technology to streamline its online food delivery management ...

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Zynga acquires Peak for $1.8 billion

Zynga, the leading global mobile gaming company has announced today that it has entered a definitive agreement to acquire Turkish mobile gaming company Peak for $1.8 billion. The deal that is comprised ...

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