Millions Of Dollars Invested In Iranian Internet Firms

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The Swedish company Pomegranate Investment has invested “millions” of US dollars into three Iranian internet companies. The undisclosed amount of money went to the ecommerce site Digikala, and the classifieds sites Sheypoor and Divar. Pomegranate Investment hopes that the money will help to improve, strengthen and grow the companies. The ecommerce site Digikala is currently worth 400 million US dollars, with Pomegranate Investment hoping that this will grow to 4 billion US dollars within 5 years. Iran has an internet penetration rate 57%, equivalent to around 47 million people. 

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