News

Dubai Startup Belong Is A Social Platform With A Twist

The company has ambitious plans for growth and has already begun scaling operations in US cities.

Published

12 months ago

November 28, 2023

Nour Nasir

Belong

Startup Belong is an online social platform catering to the needs of fitness, food, travel, arts, sports, and wellness enthusiasts. The app also allows users to connect in person to attend events together.

Founders Michael Askew and Matthew Gaziano have first-hand experience of struggling to connect with the right people after living in Saudi Arabia’s capital, Riyadh, for seven years and later moving to Dubai.

“When we moved to Dubai, we were excited because the place is amazing. We expected to have a packed, endless social calendar, but when we got here, we realized we’d got to make friends first,” says Gaziano. “How do you get out, find like-minded people, and do all these fantastic things? How do you approach people? It’s not easy to go over and speak to someone in public and start talking about yourself,” he added.

The pair were inspired to design an app where “online meets offline”, helping people to break the ice and form lasting relationships out in the real world.

After launching the app in 2019, the social platform now has a user base of 350,000 and a presence in Dubai, New York, and San Francisco.

Also Read: Top 10 Best Freelance Platforms In The Middle East

Belong works by allowing users to select their interests. After that, they start posting and discussing what they have in common. The company has already secured $3.5 million in crowdfunded investments and plans to raise more funds in 2024 to crack the wider US and MENA markets.

“The UAE is a fantastic place to launch your business,” explains Gaziano. “It’s such a melting pot of cultures and nationalities, and you can really put your startup to the test here”.

The United Arab Emirates aims to become home to 20 startups valued at over $1 billion by 2031 in a bid to become a regional center for innovation and entrepreneurship. Last year, the country launched its Entrepreneurial Nation initiative to help entrepreneurs set up operations in the Emirates and support them when expanding their businesses, exporting products, and tapping into online sales.

The UAE’s digital economy is expected to reach a value of $140 billion by 2031, rising dramatically from its current $38 billion, according to a report by the Dubai Chamber of Digital Economy.

News

Popcorn AI Raises $500,000 For “Conversational eCommerce”

The firm’s AI platform uses specialized chatbots to handle entire eCommerce journeys, from recommending products to seamless payments.

Published

6 days ago

November 14, 2024

Nour Nasir

Popcorn AI

Dubai-based Popcorn AI has announced the closure of a pre-seed funding round that raised $500,000 for its revolutionary AI platform. The investment, led by Spring Studios with the backing of Salica Investments, Al Waha Fund of Funds, and prominent angel investors from Saudi Arabia, represents a key step forward in reshaping customer-business interactions using the power of conversational AI.

Unlike traditional chatbot systems, Popcorn AI’s platform is designed to redefine eCommerce by creating highly intelligent sales agents that handle entire customer journeys, from personalized product recommendations right through to seamless payment acceptance — all through a conversational experience.

The clever idea was recently tested to great success when one of Popcorn AI’s chatbot agents closed a $400,000 real estate transaction, handling everything from the first inquiry to the final sale. Early adopters have reported a massive 90% reduction in customer acquisition costs, along with a highly impressive 20% improvement in conversion rates, highlighting the platform’s potential to transform customer engagement across dozens of industries.

Josh Rodger, Principal at the Spring Studios fund, expressed enthusiasm for the project, saying, “We are proud to support Popcorn AI’s mission to reshape how businesses connect with their customers. Their innovative approach to conversational commerce has the potential to revolutionize industries and redefine the way customers experience digital transactions”.

Also Read: Top Free AI Chatbots Available In The Middle East

Meanwhile, Popcorn AI founder and CEO Yousef Al Arif declared: “The future of commerce is conversational,” adding, “Today’s consumers want shopping experiences that are instant, personalized, and effortless. We’re not building just another chatbot; we’re crafting intelligent commerce agents that understand context, recall customer preferences, and guide users through the entire shopping process, much like an expert salesperson would”.

Building upon a decade of experience scaling eCommerce and marketplace platforms across the MENA region, Al Arif has now achieved huge success with Popcorn AI, positioning the product at the cutting edge of AI-powered eCommerce. The platform has also made significant impacts in sectors such as real estate, and hospitality, signaling that conversational commerce is emerging as a powerful new model for digital businesses.