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Startup Bahrain has partnered with Reboot Coding Institute to enhance technical skills among entrepreneurs, aiming to strengthen Bahrain's digital economy. This collaboration will provide workshops and mentorship, equipping startup teams with essential coding expertise to foster innovation and competitiveness in the tech sector.
Talabat has acquired InstaShop for $32 million, enhancing its grocery and retail division while allowing InstaShop to operate independently. This strategic move aims to improve logistics, customer experience, and market presence in the MENA region's quick-commerce sector. Both companies will leverage their strengths to drive innovation and growth in online grocery delivery.
Talabat has acquired InstaShop from Delivery Hero for $32 million, marking a strategic move to enhance its grocery and retail delivery segment. InstaShop, a leading online grocery marketplace in the UAE and Egypt, will operate as a subsidiary while benefiting from Talabat's extensive network and operational expertise. The acquisition is expected to unlock synergies and significantly boost Talabat's pro forma GMV in this vertical, surpassing $2.5 billion for 2024.
Talabat has acquired 100% of Instashop from Delivery Hero SE for USD 32 million, effective February 25, 2025. Instashop will operate independently within Talabat’s grocery and retail vertical, enhancing service delivery and expanding partner networks across MENA. This partnership aims to leverage synergies for improved customer experience and operational efficiency.
Tomaso Rodriguez
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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16:15 10.03.2025
Talabat acquires InstaShop for 32 million dollars to enhance grocery delivery
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Talabat acquires InstaShop for 32 million to enhance grocery delivery services
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