logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Hudhudshop closes six-figure dollar pre-Seed round

Hudhudshop closes six-figure dollar pre-Seed round

NOHA.GAD
Dec 9, 2024
Qatar-based e-commerce platform Hudhudshop raise a six-figure dollar pre-Seed round

Doha – Sharikat Mubasher: Hudhudshop, the leading e-commerce platform headquartered in Qatar, successfully secured a six-figure dollar investment in a pre-seed funding round, the company unveiled in a recent statement.

Hudhudshop is specialized in the distribution of premium Turkish products throughout the Gulf region and beyond, including Qatar, Saudi Arabia, Kuwait, Bahrain, Oman, the UAE, and Jordan.

CEO Tarek Moein said: "This funding injection will propel our growth initiatives, enabling us to elevate sales figures, integrate cutting-edge technologies, including AI, establish ourselves as a premier local marketplace in Qatar, and introduce a robust referral and loyalty program to enhance customer satisfaction throughout the region."

On his part, Managing Partner Raed Sakr commented: “We are preparing for another investment round to further expand with the Qatari market and solidify our status as pioneers in the e-commerce sector."

Boasting a vast inventory of over 50,000 products and an impressive track record of more than 13,000 sales within just 10 months, Hudhudshop has solidified its position as a key player in the e-commerce landscape.

It offers a range of essential services, such as "Q hudhud" for local deliveries in Qatar, "Absher" for tailored sourcing, "T hudhud" for seamless shipping from Turkey to the Gulf, and "Large" catering to B2B clientele.

Tags

GCC
Funding round
Share

Attract clients with your ad

Start Now

Trending

Reno secures $4mn in equity-debt round
MUBASHER
Tuwaiq Academy announces new cybersecurity partnerships at Black Hat 25
MUBASHER.SA
Nabt raises $3.4mn seed extension round, brings total funding to $5mn
MUBASHER.SA
CYBER targets SAR 100 bn in cyber-protected assets within 5 Years
MUBASHER.SA
Tally launches new campaign to support MSME growth in Kingodm
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Dec 4, 2025
Tuwaiq Academy announces new cybersecurity partnerships at Black Hat 25
Read More
Private Equities News
Calendar Icon
Dec 4, 2025
CYBER targets SAR 100 bn in cyber-protected assets within 5 Years
Read More
Private Equities News
Calendar Icon
Dec 4, 2025
Tally launches new campaign to support MSME growth in Kingodm
Read More
Private Equities News
Calendar Icon
Dec 4, 2025
EWAx Forum sparks strategic deals, initiatives to empower Saudi startups
Read More
Private Equities News
Calendar Icon
Dec 4, 2025
IBM, stc deepen cybersecurity collaboration amid rising quantum challenges
Read More
Private Equities News
Calendar Icon
Dec 3, 2025
Rubrik enters Saudi Market through partnership with Echelon Digital
Read More
Private Equities News
Calendar Icon
Dec 3, 2025
KACST, RDI launch new program to strengthen Saudi Arabia’s innovation pipeline
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher