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UAE: Bayut, Dubizzle Merge to Create $1 Billion Unicorn Company
June 3rd, 2020 - 06:30 GMT

UAE: Bayut, Dubizzle Merge to Create $1 Billion Unicorn Company

Dubai-based technology firms Bayut and dubizzle on Tuesday announced their merger, creating another Dh3.6 billion ($1 billion) unicorn company in the emirate. The merger is the latest in a series of entrepreneurial successes that reinforce Dubai's reputation as a global hub for talent, enterprise, investment and innovation. The accomplishments of Bayut and dubizzle, which began their ventures out of Dubai Internet City, the region's largest technology hub, point to the ...
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