Apart from pulling off successful public offers at a somewhat similar valuation, the two startups have little in common.
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The instant commerce startup has grown too fast and seems to be undergoing chaos of late. Up against several well-funded, entrenched players, it needs to get its house in order.
Waldorf Astoria Residences make a splash in Abu Dhabi and the Dubai government is breaking up its properties into pieces.
In a surprising move, the much-loved company in the UAE is no longer offering free delivery and, in a first, is out to raise funds.