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Vacation rental has a 4,128 billion toman market in Iran (nearly one-billion-dollar market in Iran before the devaluation of Toman =10*Rial). That's why Iranian startups are trying to tap into this market and bring it online.
FinTech startups usually use bank investments to enter the market, but Toman is different. It has entered the market without any bank investments. In the course of the past 7 months, Toman has obtained a considerable part of the online transactions of taxi fee payments.
Think about a tourism startup that more than two million travelers used its service since 2016, with a growth rate of over 10,000% in terms of the number of baskets in one year. Flightio is the story of friendship and three cofounders’ cooperation, whose initial experiences were not successful. However, in the end, it was those experiences and their friendship that led to a 200-billion Toman valuation, according to the cofounders.
Iran, due to its international relations has a unique startup ecosystem. Unlike many other nations, Iranians have their own local version of international startups. Marketplace business model is getting most of the traction in the country as it’s empowering many businesses and individuals. Here is an infographic of some of the well-known Iranian startups and their international equivalents.
President Rouhani Tries to Lift the Ban on Twitter, Improve Digital Economy and Make the Internet More OpenMohammadReza Azali -
Last night President Rouhani stated that its government has been trying to lift the ban on Twitter and they have suffered to keep social media open.
Rouhani’s Government Kept Its Promise to Protect Social Media Apps From a Permanent BanMohammadReza Azali -
President Rouhani kept his promise to protect social media apps from a permanent ban. This happened while the decision for blocking Instagram and Telegram was made by Iran’s Supreme National Security Council and not by Rouhani’s administration itself. With the recent incidents in Iran, Telegram and Instagram got temporarily banned...
With the massive improvements of internet infrastructure in Iran, many people have this question that when is the best time to post on social media platforms. In today's infographic, you will find the best and worse times to post on 8 popular social media platforms based on Iranian users preference.
According to the new official statistics, 12 to 15 million smartphones have been sold in Iran in the past year. Most of these smartphones are illegally imported into the country.
UAE Has Established the Very First Artificial Intelligence Ministry in the WorldMohammadReza Azali -
The UAE has established the very first Artificial Intelligence Ministry in the world. The appointed Minister is Omar Bin Sultan who's 27 years old.
Blue Whale Challenge took the lives of two Iranian girls. The girls were 17 and 18 years old from Isfahan, one of the provinces of Iran.