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September 8, 2016 07:30 am GMT

Ousta, Egypts ride hailing app, lands a $1.25 million investment

taxi-ridesharing1Five months after its March 2016launch, Ousta, Egypt’s first local ride sharing app,has received a bridge investment of $1.25 million as it looks to challenge established industry stalwarts, Uber and Careem. Although the financing is a pittance compared to the combined might of Uber and Careem, who are both incredibly active in the Egyptian ride-sharing market, the company says it… Read More

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