Saturday, November 29, 2014

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Moroccan Group Buying Startup Hmizate Raised Funding From Himvest - ArabCrunch… Arab Tech Arab Startups
The group buying startups spree are everywhere now a days in the Arab world, we have Cobone based in UAE from Jabbar group now operates in Amman, Jordan, Dubai, Sharija woot and Abu Dhabi in UAE, Beirut woot in Lebanon, cobone plans to expand to Cairo and other cities in GCC region. GoNanbit funded by Bayt and based also in UAE also operates in the cities that cobone operates in plus Kuwait city , we have offerna from Egypt which is covers Cairo and we have Groupon opening a branch in Dubai, UAE and operates in Dubai and Abu Dhabi.
Like the others, Hmizate offers deals every several days with deep discounts to shops and restaurants that you can earn if enough people joined the deal. Say 10 people must commit to buying woot the deal in order for it to happen and you get charged only when the deal is complete.
The startup founder Kamal Reggad told us that his startup Hmizate has 100 000 subscriber woot and has raised funding from Himvest woot Holding a private company in morocco that operates in different sectors; advertising, real estate, energy which recently started a fund for tech startups.
Categories: woot Africa , Arab World , e-commerce , Internet , Jabbar , Social Media , Startups Review , VC & Capital woot Tags: Cobone , e-commerce , Group buying , Groupan Middle East , Middle East Group buying startups , Startup Review
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