Turkish Founders’ Munich-Based 5U AI Raises $3.2 Million in Pre-Seed Funding
Munich-based logistics technology startup 5U AI, founded by Turkish entrepreneurs Yağız Abik and Fehmi Şener, has raised $3.2 million in an oversubscribed pre-seed…
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Munich-based logistics technology startup 5U AI, founded by Turkish entrepreneurs Yağız Abik and Fehmi Şener, has raised $3.2 million in an oversubscribed pre-seed…
Polish e-commerce giant Allegro Group reported strong growth in the first half of 2026, with Gross Merchandise Value (GMV) increasing by 13.7% year-over-year. The…
Yalla Financial Solutions has received in-principle approval from the Central Bank of the UAE (CBUAE) for a Retail Payment Services (RPS) Category II licence, marking a…
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The United Kingdom’s e-commerce sector has reached a significant milestone, with online retail sales accounting for 29.4% of all retail spending in June – the highest…
Burak Yalım, General Secretary of the United E-Commerce Federation (UNIEF), held a productive meeting with Joseph Yuen, Chairman of the Hong Kong Federation of…
CEVA Logistics has expanded its European logistics footprint with the opening of a new 44,000-square-meter e-commerce fulfillment center in France, reinforcing its…
Syria’s emerging startup ecosystem has reached a historic milestone after Damascus-based super app Labby secured $10 million in funding from a consortium of investors…
Dubai Technology Entrepreneur Campus (Dtec), an initiative of the Dubai Integrated Economic Zones Authority (DIEZ), has announced a strategic partnership with JetBrains…
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New international body aims to shape global AI governance with a focus on safety, fairness, and multilateral cooperation A coalition of 29 countries has formally signed…
Shein’s long-awaited initial public offering is facing fresh headwinds as tightening regulations on cross-border e-commerce threaten to slow growth and reduce investor…
Uber has agreed to acquire Delivery Hero in a landmark €13 billion transaction that will significantly reshape the global food delivery and quick commerce industry. The…
PHNOM PENH – Vietnam and Cambodia are strengthening cooperation in cross-border e-commerce as both nations seek to accelerate exports, deepen digital trade ties, and…
As Europe’s digital advertising market settles into a more sustainable growth cycle, retail media is emerging as one of the industry’s biggest winners. Advertisers…
Singapore-based AI startup PixVerse has raised $439 million in a Series C extension, pushing its valuation above $2 billion as investor appetite for generative AI and…
Uniqlo Continues to Drive Group Performance Fast Retailing posted another solid quarter for fiscal 2026, with Uniqlo remaining the company’s primary growth engine across…
DUBAI, UAE – Majid Al Futtaim has launched its first premium Carrefour Market concept in the United Arab Emirates, introducing a redesigned supermarket format that…
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