Consumer Staples, Industrials, Financials Nov 30, 2021 12:39 PM (GMT+8)
According to people familiar with the matter, the company has invested in imile, a Dubai logistics company. Imile's round a financing is one of the largest financing by female founders in the Middle East so far, raising US $40 million and valuing the company at US $350 million. It is revealed that the company invested about US $10 million at an undervalued value in this round of financing. According to the introduction one, iMile is one belt, one road market is concentrated on the electricity supplier logistics company, at present in Hangzhou and Shenzhen has research and development center, operation covers the UAE, Saudi Arabia and Egypt and other markets.
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