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She said "Ober" He acquired a business "The cream" In a transaction, it is the largest technological application of the region.
She added Ober In a statement on Tuesday, $ 3.1 billion consisted of convertible bonds of $ 1.7 billion and $ 1.4 billion in cash.
Since the beginning of the new millennium, Arab technology projects have been evolving, pushing gigantic companies to acquire them in millions, sometimes in billions of dollars.
Here is a list of the largest Arab companies acquired by a foreign giant:
AMEinfo.com
AMEinfo.com is one of the first Arab projects to be acquired "EMAP" British in 2006 to repurchase the Arab site specializing in economic news, against 29 million dollars.
Written
The American giantYahoo"Predicts the importance of a site" Written "In 2009, and decided to invest in the Arab market and the site acquisition for $ 164 million, and the Jordanian site, which was popular in the Arab world, the first "Yahoo" offers a lot in the Arab world.
Angle
In 2012, the agency decided "Thomson Reuters"Walk in my footsteps" Yahoo "And acquisition of the Emirates site" Angle ", Which was considered" Bloomberg Middle East "Being the most influential site for economic news in the Middle East, for 40 million dollars.
Dubizzle
The company announced "Naspers" South Africa, acquisition of the complete company "Dubizzle" The UAE e-shopping, in 2019, was "Naspers" Has bought more than 50% of shares "Dubizzle" In installments since 2013 , whose cost of acquiring full ownership of the dubizzle exceeds $ 400 million.
Hegemony "Delifry Hero" On Food Apps
A few days ago, the domination of a company "Hero of delivery" Fully on the market of food applications in the Middle East, where the German company announced the acquisition of the application " Zumato "Who operates in the UAE for $ 172 million.
C & # 39; was "Delivery Hero" Has acquired the largest food distribution applications of Kuwait, my company "Carrig" For $ 100 million in 2017, the application "Demands" Compared to 170 million dollars in 2015.
Market
The biggest acquisitions of Arab electronic projects took place in 2017, when the American giant decided "Amazon"Acquisition of the e-shopping site"Market"And Amazon and the $ 580 million deal, the largest US giant's bid to expand in the Middle East.
But a bargain "Market" fell to second place after the announcement "Ober" For his acquisition of the company "The cream".
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Ober said he acquired Karim as part of an agreement that is the largest technology application in the region.
In a statement, Ober said the $ 3.1 billion consisted of convertible bonds of $ 1.7 billion and $ 1.4 billion in cash.
Since the beginning of the new millennium, Arab technology projects have been evolving, pushing gigantic companies to acquire them in millions, sometimes in billions of dollars.
Here is a list of the largest Arab companies acquired by a foreign giant:
AMEinfo.com
AMEinfo.com is one of the first Arab projects to be acquired: in 2006, EMAP decided to buy the Arab Economic News website for $ 29 million.
Written
The Yahoo giant predicted the importance of Maktoob in 2009 and decided to invest in the Arab market and acquire the site for $ 164 million. The Jordanian site, popular in the Arab world, was the first of many Yahoo transactions in the Arab world.
Angle
In 2012, Thomson Reuters decided to follow in the footsteps of Yahoo! and to acquire Zawya, the Middle East's most influential site, Zawya, for $ 40 million.
Dubizzle
The company "Naspers" South Africa, the acquisition of the entire company, "dubizzle" UAE for e-shopping in 2019, and "Naspers" bought more than 50% of the shares of " dubizzle "by installments since 2013, where the cost of acquiring the full ownership of dubizzle From 400 million dollars.
Delivery Hero's domination of food applications
A few days ago, Delifere Hero dominated the agri-food applications market in the Middle East and announced the acquisition of Zumato, which operates in the UAE for $ 172 million.
Delivery Hero bought Carig, the largest food distribution company in Kuwait, for $ 100 million in 2017 and a request for $ 170 million in 2015.
Market
The largest acquisitions of e-commerce projects in the Arab world took place in 2017, when the US giant Amazon decided to acquire the online sales site Souq, and that the deal with an amount of $ 580 million, was the largest attempt at the expansion of American society in the Middle East.
But the market fell to second place after Ober announced its acquisition of Karim.
