Cofe App, a Kuwait-based coffee-centric marketplace app, secured $3.2m in Pre-Series A funding.
Rocket Internet (“Rocket”, ISIN DE000A12UKK6, RKET) acquired Middle East online food takeaway market leader Talabat.com for approximately €150m. The closing of the transaction is expected in the next few weeks. Talabat operates in Kuwait, Saudi Arabia, United Arab Emirates, Bahrain, Oman and Qatar with particularly strong market positions in Kuwait, UAE and Saudi Arabia. It […]