Sary, a B2B eCommerce platform, has bought a stake in Jugnu, leading its $22.5 million Series A round, the Riyadh, Saudi Arabia-based company announced in a Thursday (March 24) press release. The transaction was funded by a $75 million Series C financing. This investment marks...
Business-to-business (B2B) wholesale eCommerce has been gaining traction in recent years, with the emergence of a growing number of online marketplaces that are helping retailers save time and resources when buying goods in bulk. In the Middle East and North Africa (MENA) region, market fragmentation...
Today in B2B payments, Apollo.io raises $110 million for hiring more staff and Sary acquires Egyptian B2B platform Mowarrid to expand into Africa. Plus, no business is too small to start its digitization journey and cross-border B2B payments are becoming increasingly important to annual sales...
In today’s top Europe, Middle East, and Africa news, bitcoin and ethereum investors donated $20 million to Ukraine in the wake of Russia’s invasion of the country; and German aircraft maker Volocopter has raised $170 million in a Series E funding for its electric passenger air...
March 16, 2022
Business-to-business (B2B) wholesale eCommerce has been gaining traction in recent years, with the emergence of a growing number of online marketplaces that are helping retailers save time and resources when buying goods in bulk. In the Middle East and North Africa (MENA) region, market fragmentation is high and businesses often have to deal with 50+ […]
