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How Uber's sensor grid strategy turns a threat into a data business

Uber wants to turn its millions of drivers into a rolling sensor grid for self-driving companies. The company's CTO says the bottleneck in AV development is no longer technology. It is data.

Arin Sol2d ago2 min read

Logistics & Supply ChainGlobal Expansion

Taager opens China supply office to strengthen MENA seller infrastructure

Taager has opened its first supply office in China, moving beyond its marketplace model to become a vertically integrated infrastructure provider. The move targets the sourcing bottlenecks that hold back thousands of social sellers across the MENA region.

Mira Sen6d ago2 min read

Taager opens China supply office to strengthen MENA seller infrastructure

Vision 2030Venture Capital

PIF-backed Lucid Motors cuts 800 jobs to turn profitable

Lucid Motors, the California electric vehicle maker backed by Saudi Arabia's Public Investment Fund, laid off roughly 800 salaried employees on Friday

MoFeb 202 min read

PIF-backed Lucid Motors cuts 800 jobs to turn profitable

Series A+E-commerce

$12.6M round positions Flextock to capture rising e-commerce demand

E-commerce enablement startup Flextock has raised $12.6 million to scale its merchant growth platform, expanding fulfillment, logistics, and embedded services across the MENA region.

RazaFeb 172 min read

$12.6M round positions Flextock to capture rising e-commerce demand

Saudi ArabiaE-commerce

Saudi logistics tech startup Routech Express bags $1M pre seed round

Saudi logistics tech startup Routech Express has secured $1 million in pre seed funding led by Q Fund, aiming to expand its digital shipping platform across the Kingdom and beyond amid rising e-commerce demand, while reflecting broader regional trends in early stage startup investments.

RazaFeb 102 min read

Saudi logistics tech startup Routech Express bags $1M pre seed round

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