Forbes Middle East

9. iMile Delivery Services

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$ Total funding: $50 million Logistics and courier services provider Founders: Rita Huang Zhen, Naveen Joseph, Gao Wenli, Nancy Chen Nationalit­y: Chinese, Indian, Chinese, Chinese Investors: Undisclose­d- Chinese Venture Capitalist Headquarte­rs: U.A.E. Establishe­d in: 2017

iMile provides logistics and last-mile delivery services to vendors in China, the U.A.E., Saudi Arabia, Mexico, Oman, and Morocco. It secured $40 million in a Series A financing round at a $350 million valuation in November 2021. According to Bloomberg, TikTok parent company ByteDance has invested in iMile, although it has not yet named its investors. iMile plans to extend its services to other sectors such as telecom and banking and will expand into Africa and Latin America. iMile's CEO Rita Huang was previously the CTO of Alibaba Joint Venture in Dubai and a country manager for Huawei.

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