Arabian Tech Machine (@arabtechmachine) 's Twitter Profile
Arabian Tech Machine

@arabtechmachine

Angel Investor | Entrepreneur | Mgmt Consultant | DTC

#Tech business in the Middle-East

Willing to exchange with #VCs #Startups on the region opportunity

ID: 1074632743831658496

calendar_today17-12-2018 11:49:46

32 Tweet

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Turner Novak 🍌🧢 (@turnernovak) 's Twitter Profile Photo

Just played around on TikTok for awhile. A combined TikTok/Music.ly is going to be insane. No one has been able to effectively reach both China AND RoW in social at scale. Total reach is going to be huge. Wouldn’t be surprised if Toutiao is valued over $100B in a year or two.

Arabian Tech Machine (@arabtechmachine) 's Twitter Profile Photo

#Chinese tourists are in top 3 spenders in retail stores. Saw today a Chinese customer using her phone to translate questions to staff and check prices in #CNY. Yes stores can't all have Mandarin speakers. But why letting customers the responsibility to use tech for translation?

Arabian Tech Machine (@arabtechmachine) 's Twitter Profile Photo

Interesting idea. In the Middle-East as well, Uber has been outperformed by #Careem, its UAE-born competitor. Rumor recently talked of a $2bn acquisition discussion by #Uber.

Geoff Lewis (@geofflewisorg) 's Twitter Profile Photo

1/ Obligatory controversial tweetstorm of the month: People have been too busy dunking on Facebook to notice that China may be quietly taking over US Social media with TikTok

1/ Obligatory controversial tweetstorm of the month: People have been too busy dunking on Facebook to notice that China may be quietly taking over US Social media with TikTok
Arabian Tech Machine (@arabtechmachine) 's Twitter Profile Photo

Uber said to be in advanced talks to buy its UAE-based main Middle-East competitor and market leader Careem, for a valuation of $3 billion. It would be a new step for the region tech, after Amazon acquired Souq for $600 millipn 2 years ago. #Careem #Uber magnitt.com/news/uber-said…

Arabian Tech Machine (@arabtechmachine) 's Twitter Profile Photo

Important transaction in the Middle-East #tech scene. Delivery Hero acquires indian website #Zomato UAE operations for around $175 million.

Arabian Tech Machine (@arabtechmachine) 's Twitter Profile Photo

Major news for tech startups in the Middle-East. #Uber is said to acquire this week #Careem, its UAE-born competitor and market leader, for more than $3bn. Last major acquisition in the region was done by Amazon, when acquiring e-commerce marketplace Souq for $600m. #acquisition

Arabian Tech Machine (@arabtechmachine) 's Twitter Profile Photo

Meet 100 Arab start-ups selected by the #WEF2019. Not a complete panorama of the best Mideast #Startup.s but still an interesting list. widgets.weforum.org/arabstartups/