Yassir
Algeria-born ride-hailing and delivery super-app expanding across North and West Africa.
Yassir looks strong where Algerian rules block outsiders, and fragile everywhere else Uber and Bolt already play with more capital.
Yassir operates ride-sharing, food delivery, and financial services across North Africa and parts of Europe, with its real strength in Algeria, where it has 5,000+ local agents, government licenses, and regulatory protection that foreign companies like Uber and Bolt cannot easily copy. Outside Algeria, in places like Morocco and Tunisia, Yassir faces much bigger, better-funded rivals like Uber, Bolt, and Careem with no special advantage. The company recently bought unrelated businesses (a supermarket chain and an ad-tech company) and is competing against Uber's massive consolidation deals, which could squeeze Yassir's delivery profits and its growth plans in the next two years.
Yassir Market flagship relaunch results around Ramadan 2026. Would show whether the retail pivot funded by the Uno acquisition is working or burning cash.
Confirmation or denial of the ~$105M Series C at ~$1.43B valuation by mainstream outlets. Would show whether Yassir has capital to defend Morocco and Tunisia against Uber and Bolt.
- 5,000+ cash agents inside Algeria
- 8-10M users across 6 countries
- Headcount down 2.3% YoY to ~1,945
- Uber-Delivery Hero ~$14.8B consolidation (2026-07-17) directly threatens Yassir Express in growth markets.
- Reported $1.43B Series C valuation is unverified by mainstream press and could be revised or overstated.
- Two unproven March 2026 acquisitions (Uno retail, Kawarizmi ad-tech) carry execution and integration risk.
- No audited financials or public revenue disclosure creates opacity around true financial health.
- Slight 2025 headcount decline (-2.3% YoY) alongside rising job postings suggests possible internal restructuring.
| Rival | Direction | Evidence |
|---|---|---|
| Uber (post Delivery Hero deal) | gaining on | Uber-Delivery Hero ~$14.8B Glovo/Talabat deal announced 2026-07-17 overlaps Yassir Express markets |
| Bolt | contesting | Bolt holds ~40% African ride-hailing share across 70+ cities as of mid-2025 |
| Careem | contesting | Careem holds ~45-50% premium ride-hailing share in UAE/Saudi/Jordan, per 2026-03-20 analysis |
| Yango | gaining on | Yango ranks #1 or #3 in Francophone African markets like Senegal and Cameroon, 2025-06-06 |
- Is Yassir profitable in 2026?
- No audited revenue or profit figures have been disclosed. A third-party data vendor, Datanyze, estimates revenue near $41.6M with 757 employees, but this methodology is opaque. Yassir has not filed for an IPO as of 2026 per Forge Global, and no public profitability claim exists.
- Who founded Yassir and when?
- Yassir was founded in late 2017 in Algiers, Algeria, by Noureddine Tayebi, a Stanford PhD and former Silicon Valley engineer, and El Mahdi Yettou, per TechCrunch reporting dated November 29, 2021 covering the company's $30M Series A round.
- Who is Yassir's biggest competitor?
- Uber is the biggest threat: on July 17, 2026, Uber agreed to acquire Delivery Hero's Glovo/Talabat operations for roughly $14.8B, consolidating food-delivery dominance in North African markets where Yassir Express competes, per AllAfrica reporting.
- Could AI replace Yassir's core business?
- Dispatch, routing and matching algorithms are commoditized across Uber, Bolt and Yassir alike, so AI won't differentiate there. But Yassir's 5,000+ cash-agent network and Algerian regulatory licenses, reported March 13, 2026, are physical/legal assets AI cannot replicate quickly.
- Who owns Yassir and has it raised a Series C?
- Yassir is privately held and venture-backed, with no IPO filed as of 2026. Forge Global reported on October 15, 2025 a Series C of about $105M at a ~$1.43B valuation, but this figure is unverified by mainstream press.
- What is Yassir's valuation?
- Data platform Forge Global reported on October 15, 2025 that Yassir raised roughly $105M in a Series C at a post-money valuation near $1.43B, making it a reported unicorn. This figure is uncorroborated by mainstream tech press and should be treated cautiously.
- 2026-07-17Uber agrees to acquire Delivery Hero's Glovo/Talabat for ~$14.8B, threatening Yassir Express markets
- 2026-03-24Reports place Yassir's user base at 8-10 million across its network
- 2026-03-13Yassir acquires Uno hypermarket chain from Cevital, rebrands Yassir Market
- 2026-03-13Yassir acquires French ad-tech firm Kawarizmi to build retail-media business
- 2025-12Headcount estimated at 1,945, down 2.3% year over year per Revelio Labs
- 2025-10-15Forge Global reports ~$105M Series C at ~$1.43B valuation (unverified)
- 2023-06-28Yassir opens first Sub-Saharan Africa office in Dakar, Senegal
- 2022-11-08Yassir closes $150M Series B led by BOND
- 2021-11-29Yassir raises $30M Series A led by WndrCo
- 2017Yassir founded in Algiers by Noureddine Tayebi and El Mahdi Yettou
- Algeria's Yassir picks up $30M to build a super app in North Africa (2021-11-29)
- Yassir raises USD 150 million for its super app (2022-11-08)
- Yassir IPO: Investment Opportunities & Pre-IPO Valuations (2023-11-14)
- Yassir Acquires Kawarizmi (2026-03-24)
- Why Yassir bought Kawarizmi (2026-03-13)
- Yassir news (2023-06-28)
- Yassir Ventures into Physical Retail with Acquisition of Uno Stores in Algeria (2026-03-13)
- Management and Employees List
- Yassir Number of Employees 2026 (2026-06-29)
- Yassir Case Study
- Uber to Acquire Glovo in Kenya, Other Markets in Sh1.95tn Deal (2026-07-17)
- Bolt Competitive Landscape (2026-03-20)