Uzbekistan’s digital commerce group has put more than $500 million into infrastructure. Its bet: a shopping app becomes far more useful when the warehouse, the payment and the loan work together.
The company that began as bidorbuy - a R1, no-reserve auction site - quietly stitched a marketplace, a payment gateway, a courier network and 250 smart lockers into one login. It is chasing unicorn status the unglamorous way: one parcel at a time.
Magalu spent a decade turning a Brazilian appliance chain into a web of stores, sellers, payments, delivery routes, ads and cloud computing. Its next test is less glamorous and more revealing: making every piece earn its place.
Yango is a Dubai-headquartered technology company that started as a ride-hailing brand from the Yandex Taxi team in 2018 and has grown into a global everyday-services ecosystem. Operating in more than 30 countries across Africa, the Middle East, South Asia, Europe, and Latin America, Yango bundles mobility, food and grocery delivery, mapping, fintech, advertising, entertainment, and AI into locally adapted apps. Rather than owning fleets, it partners with local taxi companies and businesses, using a 'hyperlocal' playbook to tailor each product to regional cultures, currencies, and infrastructure.