Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Bangladeshi startup ShopUp raises $110m, merges with Saudi’s Sary https://t.co/Q5HaaYFpXc
Bangladesh's ShopUp and Saudi Arabia's Sary are joining forces to create SILQ Group, a business-to-business giant targeting the Gulf and emerging Asia. @djmaanav writes. Read more at: https://t.co/294Cw0s1NZ https://t.co/lKawuH85WS
ShopUp and Sary merge to form SILQ with $110M US-Saudi investment https://t.co/pcik0gf5De
Bangladesh's ShopUp and Saudi Arabia's Sary have merged to form SILQ Group, a new business-to-business platform aimed at the Gulf and emerging Asian markets. This merger is supported by a $110 million funding round co-led by Sanabil Investments, part of Saudi Arabia's Public Investment Fund, and Peter Thiel's Valar Ventures. The collaboration is expected to enhance the entry of Bangladeshi products into the Saudi market, marking a significant step for Bangladeshi entrepreneurs in building global companies.
