Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Ora, a Moroccan startup, raises $7.5 million Series A to expand its Kooul food delivery app and Ora Cash mobile wallet, targeting local and international growth with a focus on digitalizing cash payments and last-mile delivery.
ORA Technologies raises $7.5 million to scale its Kooul food delivery platform and ORA Cash mobile wallet, driving digital payments and e-commerce adoption in Morocco with a record-breaking funding round.
Deliveroo achieved its first annual profit, posting £2.9 million after tax for the year. Despite exiting markets like Hong Kong and Spain, the company saw a two percent increase in revenue and orders. Moving forward, Deliveroo plans to expand grocery and retail offerings, while supporting restaurant partners’ growth.