UAE-based X-ERA acquires Egypt’s B2B marketplace SPEED
- Date: 03-Nov-2022
- Source: Wamda
- Sector:Technology
- Country:UAE
UAE-based X-ERA acquires Egypt’s B2B marketplace SPEED
Press release
UAE-based X-ERA for tech-services and logistics has completed its takeover of Egypt’s growing B2B e-commerce platform SPEED.
SPEED is an affiliate of SPEED International for Distribution & Logistics. The takeover marks a significant milestone in the digital transformation that aims at connecting FMCG supplies with small – medium merchants, retailers and soon consumers through digital platforms.
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