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Thursday, 24 February 2022

F&B logistics platform OneOrder raises USD 1 mn from A15

OneOrder scores USD 1 mn round upon launch: Tech-enabled F&B logistics platform OneOrder announced its launch in tandem with securing a USD 1 mn funding round led by A15, according to a press release (pdf). OneOrder’s founder and CEO is Egyptian restaurateur Tamer Amer, who founded Fuego Sushi and Longhorn Texas BBQ.

What is OneOrder? The startup’s platform offers a one-stop shop for restaurants to source all their produce and equipment, in a bid to address inefficiencies and fragmentation in the restaurant supply chain and standardize quality, prices and delivery times. OneOrder is the country’s first logistics firm to focus on solving supply issues in the restaurant industry, according to the statement.

Regional expansion in the cards? OneOrder has plans to expand across the MENA region “over time,” the release said.

Egypt Post, Visa, and digital payments firm PaySky have officially launched payments superapp Yalla Super App, according to a CIT Ministry statement.

All under the Yalla Super App umbrella: The superapp allows customers to make money transfers, pay bills, get meds delivered, find markdowns and offers, do online shopping, buy ins., book transportation, and access Egypt Post’s digital services.

Superapps have been gaining popularity: Egypt and the wider region are proving fertile ground for the do-everything apps, with MNT-Halan and MyFawry joining Yalla Super App among key players in the market.

Want to dive deeper into superapps? Head to our three-part What’s Next series tackling superapps’ emergence in Egypt, the challenges they face, and why they’re still worth the investment.

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