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OTVentures Acquires the Leading Group-Buying Company DARE’n’DEAL

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The Holding Company

OTVentures creates a powerful customer experience through its online and mobile solutions portfolio. Empowering brands, governments, and consumers through a diverse blend of digital solutions spanning social marketing, content services, mobile VAS, solution development, and hosting services. Through our innovative digital products we touch the lives of more than 50% of MENA internet users, and 72% of MENA mobile subscribers every day. With exclusive partnerships with the most prominent global players (msn, Facebook, and more than 100 content providers), we provide exposure and reach that creates strong, lasting impacts for our clients. OTVentures has over 14+ offices covering all markets across the Middle East and North Africa in addition to Canada, Italy, Pakistan, and Bangladesh, as well as remote operations in USA.

Our commitment to innovation continues to drive us to pioneer the digital world, and hence are looking to expand our partners network of publishers, technology vendors, and new social players. Always eager to explore possible partnership models and how to expand your business in the MENA region and other parts of the globe, through our relationship with 35+ operators and our geographical outreach.

February 2, 2012, Cairo, Egypt

OTVentures, the regional giant in online and mobile technology, an affiliate of Orascom Telecom, Media & Technology (OTMT), acquired 51% in DARE’n’DEAL, the largest and fastest growing group-buying site in Egypt, valued at EGP 20 million. This deal represents a turning point in the development of the region’s e-commerce industry.



As OTVentures CEO, Hanan Abdel Meguid, explained: “The acquisition was but an initial step on the path of the execution of an expansive strategy in the field of e-commerce within the Arab region, as well as the merging of e-commerce and mobile technology”, given that the assessment of the Middle East market for e-commerce is about US$ 5.8 billion, together with a foreseen annual increase of 30%.
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Head Office

94, Street #105, Maadi

Cairo, 11431, Egypt

Phone: +(202) 2529 5800

Fax: +(202) 2529 5888

Email: info@otventures.com

Cairo
Doha
Dubai
Riyadh
Toronto
Rome
Morocco
Sudan
Algeria
Tunis
Palestine
Yemen
Bangladesh
Pakistan

mobile vas

ARPU+ is all about providing Value Added Services (VAS) and platform solutions. Launched in 2003, this dynamic company is an OT Ventures subsidiary that is fully owned by Orascom Telecom Media and Technology Holding S.A.E. ("OTMT") and that aims at being a leading regional Telecom Service Provider in the Middle East, North Africa, and Europe. ARPU+ now has offices in Algeria, Tunisia, Morocco, Sudan, Dubai, KSA, Jordan, Yemen, Pakistan, Bangladesh, Italy, USA and Canada, as well as its head office in Egypt.

http://www.arpuplus.com/
Mobile Bananas
Bananas Factory
Mobizone
Puls

online media & advertisment

ArabFinance.com was formed to meet a growing demand for online trading, transparent financial information, and financial services in Egypt and the Arab world. As a customer-centric organization, both structurally and functionally, ArabFinance will continually strive to meet our changing users needs in order to create and maintain a loyal customer base.

http://www.arabfinance.com/

MSN Arabia is today the fastest growing Portal in the MENA Region. With localized Portals for KSA, Egypt, Maghreb, UAE and Pakistan, MSN Arabia offers a unique mix of local, regional and international content to more than 30 Million Users monthly. Through engaging content, videos, photo galleries and services, its user base is growing exponentially. Integrated with Windows Live Hotmail & WL Messenger, the network serves more than 80 Million Users in the region and exceeds 2 Billion Pages Views per month.

Follow MSN Arabia on Twitter at @MSNArabia

Find us on Facebook facebook.com/msnarabia

For more information visithttp://www.msnarabia.com

LINKonLINE founded in 2002, owning, managing and developing a wide range of portals serving different customer needs in different sectors. Since its inception LINKonLINE has been the leader in providing online services and online content in Egypt, Middle East and North Africa.

LINKonLINE not only masters the online content world yet paves the way for revolutionary interactive new features allowing its users to personalize the services as well as comment, share info and create news sections aiming at reaching true interaction and user contribution.

http://www.linkonlinecorp.com/
Career MidEast
Masrawy
Otlob
Mazika
Yallabina
Yallakora
Otlob Mall
Shofha
El3ab

Connect Ads is the exclusive media agent for some of the region's most successful and popular portals, it has insight into what it takes to create a successful creative online experience for brands.

http://www.connectads.com/
Twitter
MSN Arabia
Facebook

software development & hosting

LINK Development, an OTVentures portfolio company, is a leading software and services company in the Middle East. The company is a well-established Egyptian development house with more than ten years of experience in the region. Through its offices in Egypt, the UAE, Saudi Arabia, Qatar and Italy, it has gained a well-founded understanding of the market and acquired a repertoire of clients including governments, multinationals and leading local companies operating on local, regional and international levels.

Being a Microsoft Gold Certified Partner in six competency areas, the highest level of partner certification from Microsoft, LINK Development boasts best of breed team of .NET developers, designers, architects, project managers and quality engineers.

LINK Development is ISO 9001:2000 certified and CMMI level 3 accredited. It has also won a number of worldwide and regional awards from Microsoft, leading government agencies and non-government organizations.

http://www.linkdev.com/
Microsoft Gold Certified Partner

LinkDC owns and operates one of the largest data centers in Egypt located in the center of the capital business area in Mohandessin. Our data center is engineered to the highest levels, with extensive systems to address security and network redundancy, enabling LinkDC to offer a high infrastructure availability guarantee

LinkDC is connected to the Internet via two of the largest IP providers in the world (UUNet and Flag Telecom). LinkDC Data center is connected to the internet via Multiple dedicated SMT1 connection, these connections are backed up by another STM1 connections

http://www.linkdatacenter.net/
bl3arabi

BSolutions is a leader in cloud-computing solutions in the Middle East, gained the trust of large segment of small, medium businesses as well as enterprises through building on its long history of technical expertise and vertical knowledge, as part of OTVerntures; a regional conglomerate which encompasses a unique blend of leading digital, technology and content companies.

Our trusted Cloud platform and apps help employees collaborate easily and connect with customers like never before.

http://www.bsolutions.com/
Cloud Accelerate Partner

Ecommerce

Mobawaba.com is the largest E-Commerce portal in Middle East. Our advantage as the first classifieds business in Egypt and region presenting classifieds and advertising services in an up to date portal to provide strong BUY, & SELL service in an interactive way.

We promise to provide up to date, innovative, high-quality, cost effective and easy to use services enabling individuals and businesses to Buy and Sell using the first and strongest online portal providing E-commerce services and technologies.

http://www.mobawaba.com/

We really are getting just super technological, we should all be proud of having a site called Otlob.com.

It’s a free online food ordering portal through which orders can be placed to most restaurants in Cairo, Alexandria, El Mansoura, Luxor, Tanta, Asyut, Port said and Hurghada. It is, simply, an expanded food court…the ultimate one-stop-shop, brought straight to your door. The service is perfectly suited to any situation; casual home dining, unexpected drop-ins and the proverbial couch potato with just enough energy to reach for a laptop.

Once inside the website, your first task is to click on your neighborhood, clearly indicated on a large interactive flash map. For Example, if you live in Zamalek or Heliopolis, you would click the corresponding section on the map.

Every conceivable restaurant chain and independent eatery is present on Otlob.com like ( KFC, Pizza Hut, MacDonald’s, Hardees, Chili''s , Abou El Sid, Cook Door, Maison Thomas, Mo'men, Fuddruckers, Makani and much more even Falafilo, Arzak & 3al Kahwa) you will find them on Otlob.com this is like fifteen or twenty food courts put together!

Detailed menus are posted, complete with images, descriptions and prices. Items from different restaurants can be placed simultaneously in one order, via a user-friendly ordering engine, and the best thing about that you don’t have to put your credit card number, you will pay on delivery without any extra fee.

http://www.otlob.com/

Following the great success of Otlob.com; Otlobmall.com is one of the new websites owned and manages by LINKonLINE allowing users to shop online for a variety of products including electronics, beauty, sports, jewelry, apparel, books, magazines and gifts. All products purchased through otlobmall.com are delivered directly to the purchaser’s home or designated delivery address and can be paid for either online or in cash on delivery.

When you purchase a product on otlobmall.com, you are guaranteed the best quality available, with the added bonus of avoiding the inconveniences associated with shopping in person. Otlobmall.com saves you time and effort by delivering straight to your door and most importantly, we save you money through our exclusive promotions.

With more than ten years of experience in online retail, The products and services available on otlobmall.com are tailored to the needs and preferences of the LINKonLINE user-base and include a wide array of popular video gaming consoles, beauty products, health products and miscellaneous gift ideas. The purchasing process is user-friendly and highly secured to ensure your personal and financial data remains confidential and safe.

http://www.otlobmall.com/

Dare and Deal

We're here to translate people power into financial clout. Launched in 2011, DARE'n'DEAL features one daily deal on the best things to do, see, eat, and buy in a variety of cities across Egypt. Our company philosophy is pretty simple:"we treat our customers the way we like to be treated."

http://www.darendeal.com/

Cairo, Egypt

94, Street #105, Maadi

Cairo, 11431, Egypt

Contact Information

Phone: +(202) 2529 5800

Fax: +(202) 2529 5888

Email: info@otventures.com

Doha, Qatar

Regus Building D Ring Road

P.O. Box 39312, Doha, Qatar

Contact Information

Phone: +(974) 4423 1222

Fax: +(974) 4423 1100

Email: info@otventures.com

Dubai, UAE

Office 2013

Grosvenor Business Tower

TECOM Area, Al-Barsha South

P.O. Box 500190 Dubai, UAE

Contact Information

Phone: +(971) 4 3913250

Fax: +(971) 4 3916862

Email: info@otventures.com

Riyadh, KSA

Al Khaiyria Building

South Tower, 8th floor

King Fahed Road, Riyadh, KSA

Contact Information

Phone: +(966) 1 219 03 03

Fax: +(966) 1 219 05 03

Email: info@otventures.com

Toronto, Canada

1 Yonge Street, Suite 1801

Toronto, Ontario, Canada

Contact Information

Phone: + (1) 1 647 700 8070

Email: info@otventures.com

Rome, Italy

Piazzale Roberto Ardigo

30/A Scala D,Interno 1

Rome, Italy

Contact Information

Phone: +(39) 320 8344682

Email: info@otventures.com