• Monday, 26 April 2021

    Elmenus eyes Africa expansion by the end of the year

    Online food delivery platform Elmenus is planning to expand into new African markets by the end of the year, our friend Amir Allam, the company’s founder and CEO, tells Al Mal. Elmenus has not yet identified target countries but the...
  • Thursday, 6 August 2020

    Delivery Hero to rebrand Otlob as Talabat

    STARTUP WATCH- The Egyptian nationalist inside us is *REALLY* unimpressed: Food delivery service formerly known as Otlob will soon become Talabat. Berlin-based Delivery Hero has announced that it will rebrand its Egypt arm Otlob as Talabat from 1 September, Menabytes...
  • Thursday, 23 January 2020

    Walid El Saadany leaves Otlob

    MOVES- Walid El Saadany leaves Otlob: Online food delivery company Otlob has appointed Sofiène Marzouki (LinkedIn) as interim CEO after Walid El Saadany (LinkedIn) resigned. El Saadany told Al Mal that he will serve as a strategic advisor to Delivery...
  • Thursday, 23 January 2020

    FreshSource becomes Otlob’s first fresh food supplier

    Online agriculture platform FreshSource has become Otlob’s first fresh food supplier, it announced in a statement (pdf). Established in 2019, FreshSource is a B2B platform that connects small farmers with some of Egypt’s biggest businesses.
  • Wednesday, 22 January 2020

    Glovo leaves Egypt – again

    STARTUP WATCH- Glovo leaves Egypt — again: Spanish on-demand delivery startup Glovo has decided to exit the Egyptian market for the second time in less than a year as it looks to become profitable next year, according to TechCrunch. A...
  • Monday, 28 October 2019

    Spain’s Glovo eyes 50% share of Egypt’s online delivery market

    Glovo wants half of Egypt’s delivery market: Delivery app Glovo plans to more than double its share of Egypt’s online delivery market to 50% within 18 months, up from its current 21% share, sales manager Mustafa Kamel told Reuters in...
  • Monday, 22 July 2019

    Glovo officials meet with drivers to end Egypt strike over scrapped incentives

    Officials from delivery app Glovo’s Spain office are in town to meet with 120 drivers currently on strike in protest at the company’s decision to end financial incentives and compensation, sources close to the matter told the local press. The...
  • Wednesday, 19 June 2019

    Glovo returns to Egypt, resumes services in Cairo

    STARTUP WATCH- Glovo returns to Egypt, resumes services in Cairo: Spanish on-demand delivery startup Glovo has U-turned on its decision to exit Egypt and has relaunched service in parts of Cairo, MenaBytes reports. The company is yet to make a...

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