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Endeavor Lebanon Impact Report 2017-2018

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14 In 2018, Endeavor Lebanon company Diwanee merged with Endeavor Saudi company Uturn. When Endeavor Catalyst invested in Endeavor Saudi company Uturn in 2014, the online entertainment and digital production company was introduced to Endeavor Lebanon company Diwanee, a Middle Eastern digital media company, through the Endeavor network. The merger gave birth to a new entity, Uturn- Diwanee, that aims to become the leader in digital media within the Gulf. The entity will employ 310 people across four offices in Jeddah, Riyadh, Dubai and Beirut, and will bring together 65 million users through all its social networks. The total number of unique visitors across the Uturn-Diwanee's proprietary platforms will reach 15 million. The company has already raised $20 million of investment. #ONEENDEAVOR At a local and regional level "It's like an Endeavor love story… Uturn was exactly what Diwanee was not, and vice versa." Entrepreneur-to-Entrepreneur connections provide crucial support to entrepreneurs as they share the same challenges and provide one another with hands-on advice around various industry and business related challenges. Hervé Cuviliez, Co-founder of Diwanee, and Kaswara Al-Khatib, Chairman and CEO of Uturn Hervé Cuviliez Co-founder of Diwanee

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