Buzz

‘Hey Salma’: World’s Largest Arabic Online Platform Raises $13.5 Million

‘Hey Salma’: World’s Largest Arabic Online Platform Raises $13.5 Million

Photo courtesy of Mawdoo3

Mawdoo3.com (‘Mawdoo3’), the world’s most visited Arabic website with more than 45 million unique users per month, has completed a US $13.5 million Series B round.

The raise was led by UK-based Kingsway, with participation from US-based Endure Capital.

The investment will allow Mawdoo3 to expand its content and AI technology as it seeks to further its mission of enriching the Arabic language online:  only over 1% of web content is in Arabic while more than 5% of the world’s population, some 420 million people, speak the language.

Currently the website, which was founded in Jordan by a Amman-based duo Mohammad Jaber and Rami Qawasmi, serves 45 million unique users monthly.

It has nearly 150,000 articles online covering a wide-range of topics, ranging from lifestyle, health, education and food. The site continues to grow, with the equivalent of two novels published on the platform every day.

In March, the company announced its plans to launch ‘Salma’, an Arabic version of Siri and Alexa, which will be deployed to answer factoid questions from Mawdoo3’s platform, thus adding a new channel for consuming Arabic content. Salma will be used as an Arabic voice interface service for businesses in multiple sectors including travel, automobile, telecom and electronics, enabling consumers to engage and transact with these businesses via voice.

Commenting on the investment, Rami Al-Qawasmi, co-founder and CEO of Mawdoo3.com, said that “The world’s Arabic speakers are the most underserved online, with the availability of quality Arabic content limited and technology, particularly in voice, not having the same impact as other languages. Our mission is to change that and build on our strong position as the most visited daily Arabic website in the world today”.

“This investment from international investors is a validation of Mawdoo3’s potential. Our success is a result of the trust built over the past six years with our users, which is a motivation for us for an even greater impact in the coming years as we expand our content and the channels through which we deliver that content to the Arabic-speaking world online,” added Al-Qawasmi.

“If you think being the number one Arabic destination worldwide with more than 45 million monthly unique visitors is enough, think again: this is just the beginning. Mawdoo3’s unique data sets and technical talents give them a head start on the AI race. We at Endure Capital are proud to be a part of their journey,” said Tarek Fahim, Partner at Endure Capital.

Student Arrested for Dancing “Kiki Challenge” in Cairo
International Petition to Drink Sarcophagus Red Liquid Reaches 18,000

Subscribe to our newsletter


Buzz

More in Buzz

Mahmoud Trezeguet Scores First Goal For Egypt at AFCON

Egyptian StreetsJune 21, 2019

Egyptian Summer Refreshments: Some Popular Beverages to Quench Your Thirst

Egyptian StreetsJune 20, 2019

The Lotus: Egypt’s National Flower

Nour EltiganiJune 19, 2019

Taking a Closer Look at African Artists at the Cairo Biennale 2019

Henry H.C. WooJune 19, 2019

Sushi: The Japanese Dish That Has Taken Egypt by Storm

Egyptian StreetsJune 18, 2019

A Selection of Egypt’s Most Popular Summer Music Festivals Worth Attending

Egyptian StreetsJune 18, 2019

Three Exotic Fruits in Egypt That You Should Try Out

Nour EltiganiJune 17, 2019

First Creative Entrepreneurship Event in Egypt For Women

Egyptian StreetsJune 16, 2019
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2017 Egyptian Streets. All Rights Reserved.