Categories: Business

Egypt B2B marketplace Mazaya raises $5m in pre-seed round


Wed, 2022-09-28 17:16

RIYADH: Mazaya, an Egypt-based B2B e-commerce marketplace, raised $5 million in a pre-seed round, said a statement issued on Tuesday.

The funding round was led by financial investment firm Raya Trade and Distribution, it added.

The company will use the funds to boost its operation in Egypt as well as expand into new markets and other verticals.

Main category:
Business & Economy



Source link

gulftimes

Recent Posts

Moment earthquake shakes hospital operating room in Japan

Newly-released security camera footage shows the moment last month's magnitude 6.8 quake shook Kumamoto General…

2 hours ago

Artificial Intelligence used to design brand new viruses

Viruses are not alive and it would take another significant leap for AI to generate…

15 hours ago

Houthi attacks reportedly kill at least 30 Yemeni government forces

At least 30 Yemeni government troops are reported to have been killed in Houthi rebel…

18 hours ago

Rights groups say Israeli attack that killed Lebanese journalist an apparent war crime

Two human rights groups have said an Israeli attack in southern Lebanon that killed al-Akhbar…

18 hours ago

Security Council LIVE: Warnings of famine and collapse as South Sudan’s peace deal frays

Nearly eight million people in South Sudan – more than half the population – face…

21 hours ago

‘Wanton, intentional infliction of incredible pain’ by gangs in Haiti

That’s according to the Designated Human Rights Expert for Haiti, William O’Neill, who spoke to UN…

21 hours ago