Posts Tagged ‘e-commerce’


Screenshot Mohamed Shawky the CEO Luxery Watches e-commerce startup Kanary Watches sent us the following Q&A as a profile for his company, mentioning the current status and achievements of Kanary Watches and his plans to expand into Kanary Gifts in Jan 2015 selling luxury watches, jewelry, bags, perfumes, pens, eyewear and accessories. 1. Describe ...
Screenshot Wysada, the leading luxury online retailer of home goods, décor and interior furnishings in the Middle East, today announced it has completed a Series A investment round of over $5 million. The round was led by Badia Impact Fund, a venture capital fund belonging to Silicon Badia, a global group of venture funds based in New York City and Jordan,...
Screenshot Souq.com, the largest e-commerce platform in the Arab region or the Amazon of the Arab world, has secured US$75 million (AED 275.5m) in an additional round of funding from existing investor Naspers Limited. This round of funding brings the total amount raised by Souq.com to US$150 million (AED 551m) - the largest amount raised by any Internet-based...
Screenshot E-commerce is booming in the Arab world, as we have many companies and startups running e-commerce businesses. However the leader in that space is souq.com. According to sources for to Arabic tech blog one has, Amazon is currently negotiating an acquisition deal with souq.com. Souq.com started as an auction site like ebay around 2005 and then...
Screenshot This autumn, L’Oréal Paris launches its first e-commerce platform in the Middle East in partnership with the exclusive online fashion store Mooda.com, where they will make their L’Oréal Paris product line available for customers in the U.A.E. The idea is to offer the total look as beauty plays such a big part in fashion. Online shoppers...
Screenshot Wysada.com, the Middle East’s first e-commerce platform offering luxury home interiors at exceptional prices, has announced a strategic partnership with MENA Venture Investments, an angel investment fund focused on providing growth capital and business consultancy to start-ups. In addition to early-stage investment, MENA Venture Investments w...
Screenshot Jabbar group's Cashu has recently launched PayFort as a new payment gateway for the Arab World. The startup offers payment gateway for e-commerce sites offering also acceptance of payment over the phone and mobile. The startup competes with Jordan based payment gateway Game2Play....
Screenshot PayPal will finally launch in Lebanon and Egypt in 2013, the general manager of the online payment gateway, Elias Ghanem, announced Thursday at the ArabNet conference. Paypal is fully enabled – meaning buyers and sellers with locally issued bank accounts can do complete transactions – in the GCC and Jordan. In Yemen, Morocco, Tunisia and...
Screenshot Orange Jordan, the sole integrated telecom operator in the Kingdom, recently announced signing a partnership agreement with the online bookstore Jamalon. This step comes as part of Orange Jordan’s ongoing aims to expand the bouquet of services it provides through its flagship Orange Money service, enabling its customers to make book purchase...
Screenshot The Online Ecosystem is an increasingly complex place to be, for any company, whether it's an online enterprise or a brick and mortar company. It is also a relatively new business medium, especially in the Arab world, that is ever-changing and growing. Each new day brings new changes and developments, new technologies and new competitors. So if you...
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