On-demand delivery in the Middle East and North Africa is estimated to reach $47 billion by 2030. In its largest and fastest-growing economy, Egypt, many platforms operate in different segments of e-commerce and logistics while serving businesses and customers. Today, one of those companies, Yalla Fel Sekka (YFS), whose business involves building a network of…
Waymo had small win Monday in its fight to keep certain details about its autonomous vehicle operations from public view. The Alphabet-owned company filed a lawsuit last week against the California Department of Motor Vehicles to keep some information from its autonomous vehicle deployment permit, as well as emails between the company and the DMV,…
Meta is bringing its 3D avatars to Instagram and is also rolling out updated avatars to Facebook and Messenger, the company announced on Monday. Users in the United States, Canada and Mexico can now show up as their virtual selves in stickers, feed posts, Facebook profile pictures and more. Today’s update adds Cochlear implants and…
Walmart is expanding into home services. The retailer today announced a new partnership with Angi (previously Angie’s List), which will make service professionals available to Walmart customers in nearly 4,000 stores across all 50 states. When Walmart customers shop in-store or online, they’ll be able to also book an Angi professional for any of 150…
The Egyptian social e-commerce market will be worth over $14.8 billion by 2024. The opportunity in the market can be attributed to the growth in online social sellers in the country, over 1.25 million them, helping little-known brands sell and distribute their goods via different networks. Brimore–a market leader in the country and, to an…
Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year. This time, the foundation has teamed up with thirty unicorn founders and a couple of seasoned venture capital and private equity investors to launch a…
Welcome to my new weekly fintech-focused column. It’s an incredible time to be a financial technology journalist. Besides the fact that over 20% of all venture dollars last year went into fintech startups, I am particularly excited about the many ways that this technology is helping boost inclusion all over the world. While this pandemic…
Spotify’s Joe Rogan headache is about to get a lot worse. Earlier this week, musician Neil Young announced that he would pull his music from the streaming service to protest Spotify’s relationship with Joe Rogan, who the company brought under its wing in an exclusive $100 million deal two years ago. In a post to…
Spotify’s Joe Rogan headache is about to get a lot worse. Earlier this week, musician Neil Young announced that he would pull his music from the streaming service to protest Spotify’s relationship with Joe Rogan, who the company brought under its wing in an exclusive $100 million deal two years ago. In a post to…
Spotify’s Joe Rogan headache is about to get a lot worse. Earlier this week, musician Neil Young announced that he would pull his music from the streaming service to protest Spotify’s relationship with Joe Rogan, who the company brought under its wing in an exclusive $100 million deal two years ago. In a post to…
