Instashop will now operate as a wholly-owned subsidiary of Talabat, further expanding the company’s network of grocery and retail partners across the MENA region.
The new app was launched by Ibrahim El-Segini, the Head of the Consumer Protection Agency, during a press conference on Sunday.
El-Segini highlighted the importance of this initiative in tackling recent issues affecting consumer rights, particularly in the aftermath of the Black Friday shopping season.
In a notification sent to creators utilizing services such as AdSense, YouTube’s AdSense, AdMob, or Google Ads Manager, the company stated, “We will no longer pay earnings in US dollars in Egypt.”
“This merger proves that massive, world-class tech companies can be built in Africa for Africa,” says Belal El-Megharbel, Co-CEO at Wasoko and MaxAB.
