Super Apps

Super App Companies Scale Back Plans Amid Funding Drought

Super App Companies Scale Back Plans Amid Funding Drought
Super App Companies Scale Back Plans Amid Funding Drought
July 18, 2023  |  Investments

While consumers are excited about super apps, some investors apparently aren’t as sure. As the Financial Times (FT) noted in a report Tuesday (July 18),...

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Report: African Startup Union54 Plans September Launch of Super App
Report: African Startup Union54 Plans September Launch of Super App
June 30, 2023  |  Mobile Payments

African startup Union54 is reportedly developing a super app that may launch in September. The new ChitChat app aims to provide secure messaging, dollar-based virtual...

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Grab Prepares for Layoffs Amid Slowing Growth
Grab Prepares for Layoffs Amid Slowing Growth
June 20, 2023  |  News

Singapore’s Grab is readying its largest round of job cuts in three years. The ride-hailing and food delivery platform announced Tuesday (June 20) that it...

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Fidelity Slashes Value of Its Twitter Stake Once Again
Fidelity Slashes Value of Its Twitter Stake Once Again
May 31, 2023  |  Investments

Twitter is now worth a third of the $44 billion Elon Musk paid for it. That’s according to a recent assessment by Fidelity, which has...

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Grab’s Slowing Growth Reflects Super App Challenges and Resilience Amid Inflation
Grab’s Slowing Growth Reflects Super App Challenges and Resilience Amid Inflation
May 19, 2023  |  Earnings

Grab’s earnings results show that more consumers are coming to the platform to transact, more drivers are coming to the platform to earn, and engagement beyond ride-hailing...

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Qatar-Based Snoonu Raises $12 Million to Continue Building Super App
Qatar-Based Snoonu Raises $12 Million to Continue Building Super App
May 04, 2023  |  Investments

Qatar-based eCommerce startup Snoonu has raised $12 million in a Series B funding round. “A new milestone has been achieved in our unicorn journey,” Snoonu...

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Possible Jio Financial Services IPO Opens India’s Digital Front Door for Investors
Possible Jio Financial Services IPO Opens India’s Digital Front Door for Investors
April 28, 2023  |  IPO

The door opens for investors to bet on the digital front door, in India. The premise and promise of the super app is to give...

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Super.com Raises $85 Million for Savings-Focused Super App and Card
Super.com Raises $85 Million for Savings-Focused Super App and Card
April 24, 2023  |  Retail

Super.com has raised $85 million in a Series C round to grow its savings super app. The firm will use the new funding to continue...

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