In a dusty, unassuming industrial park on the fringes of glitzy Dubai, Rita Huang is quietly building a last-mile delivery firm that she says is on the verge of becoming the region’s first female-founded unicorn — a start-up valued at more than $1bn.
iMile, which boasts TikTok as one of its investors, has rapidly grown since its formation in 2017, tripled revenues since last November and is now looking to close a Series B funding, drawing on major Chinese investors.
Under the guidance of Huang, a Dubai-based Chinese expatriate, the delivery company relies on in-house technology to take on legacy logistics operators.
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