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The Cairo-born startup has raised over USD 100 million to date and aims to grow its annual gross revenue to USD 1 billion by 2025.

Delayed P50 launch comes as the company struggles to secure chips.

The company trains and markets short-video content creators across social channels like Douyin.

The company builds cloud-native solutions for a variety of clients to speed up software development and iteration.

Soda has also acquired Monokabu, Japan’s second largest operator in the sneaker market.

The Israeli startup counts government agencies, social media companies, video game companies, and streaming sites as clients.

The startup works with different suppliers, giving users the option to order groceries, medicines, and other products.

Tencent said it is performing a “security upgrade” before new users can sign up.