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US Food Tech Startup to Expand Into KSA With A $100 Million Joint Venture
June 3rd, 2021 - 09:30 GMT

US Food Tech Startup to Expand Into KSA With A $100 Million Joint Venture

A US-based food technology platform has announced a new $100 million Saudi joint venture targeting 550 outlets by 2026, with the first set to launch in Riyadh early next year. Creating Culinary Communities (C3) Arabia has been valued at $100 million and will be 49 percent owned by parent company C3 with Saudi investment firm WK Holding owning the remainder. Launched in 2019 by American serial entrepreneur Sam Nazarian, C3 ...
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