DDubizzle Group runs a network of classifieds portals in emerging markets across MENA, South Asia, and Southeast Asia. It owns 8 brands in 25 cities and attracts about 167 million monthly visits, focusing on property and general classifieds. The platforms are local online marketplaces where users search listings, compare options, and contact sellers through the portal. The goal is to become the largest classifieds player in emerging markets by expanding its portal network and delivering faster, easier search and better value for partners and users.
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Industries
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$509M
Headquarters
Dubai, United Arab Emirates
Founded
2005
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Total Funding
$509M
Above
Industry Average
Funded Over
6 Rounds
Dubizzle Group has made a strategic investment in UAE-based rental protection platform Takeem, alongside an exclusive partnership making Bayut and Dubizzle the sole channels for the service. The investment extends the group's property technology strategy following its recent investment in rental payment platform Tern. Takeem provides the first integrated rental guarantee solution in the GCC, protecting landlords' rental income against tenant defaults and covering emergency maintenance costs. Founded by Rakesh Mavath and Pooja Vithlani, the platform has expanded to over 100,000 properties and recorded 900% growth in customer acquisition over the past two months. The investment came through Dubizzle Group Ventures, the group's early-stage investment arm. The partnership aims to build a comprehensive digital property ecosystem covering property search, payment, and protection, enhancing efficiency and transparency in the UAE's growing rental market.
Dubizzle Group has indefinitely postponed its IPO on the Dubai Financial Market. The announcement came just one day before the company was scheduled to begin its book-building process.
Dubizzle Group, a leading tech company based in the UAE, has acquired the Egyptian online car marketplace "Hatla2ee." This acquisition aims to enhance the buying and selling experience for users by integrating Dubizzle's advanced technologies into Hatla2ee. With over 2 million monthly visitors, Hatla2ee is a key player in Egypt's growing car market. Dubizzle sees this move as a strategic expansion in Egypt, leveraging innovation to redefine the automotive sector.
According to marketplace horizontal Dubizzle, the number of property page views on its site rose by 43.5% during the 12 months to March 2024.
UAE-based EMPG, which owns dubizzle and Bayut, has raised a $200 million in a round led by US-based Affinity Partners, with new funding...
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Industries
Company Size
1,001-5,000
Company Stage
Late Stage VC
Total Funding
$509M
Headquarters
Dubai, United Arab Emirates
Founded
2005
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