Isolation by the West fuels a tech startup boom in Iran - News Summed Up

Isolation by the West fuels a tech startup boom in Iran


That means no KFC — just local upstarts like “Iran Fried Chicken” — or credit and ATM cards connected to global banking networks. In addition to its basic service, Snapp offers premium rides in nicer cars as well as female-driven vehicles for women and families. Snapp is owned by the Iran Internet Group, which has emerged as one of the leaders in the country’s startup scene. Staffers work at the fulfillment center of the Bamilo online shopping site in TehranBoth sites are currently running promotions for the Islamic holy month of Ramadan, for example. Staffers work at the fulfillment center of the Bamilo online shopping siteAnd the same international sanctions that have kept Iran isolated have been a boon for the tech sector by limiting competition.


Source: Egypt Independent June 05, 2017 12:00 UTC



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