Spotify rival Anghami skyrockets over 80% in Nasdaq debut
Anghami shares soared more than 80% in their Nasdaq debut after its merger with Vistas Media Acquisition Company.
1644228523-0/download-(18)1644228523-0-640x480.webp "nasdaq")
Nasdaq
Shares of Anghami Inc soared more than 80% in their Nasdaq debut on Friday following the Middle East and Northern Africa-focused music streaming platform's $220 million merger with blank-check firm Vistas Media Acquisition Company
The first Arab tech company to list on Nasdaq, Abu Dhabi-headquartered Anghami has more than 70 million registered users and partnerships with Universal Music Group, Sony Music and Warner Music Group.
LATEST
YouTube removals, Wikipedia dispute raise concerns on Gaza content access
China bans foreign AI chips from state-funded data centers
Digital future in focus as experts urge faster tech adoption in Pakistan
Apple to use Google's AI model to run new Siri
Bitcoin drops under $100,000, hits four-month low
COMMENTS
Comments are moderated and generally will be posted if they are on-topic and not abusive.
For more information, please see our Comments FAQ