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

BitRoot Ventures targets 25 startups with early-stage investment strategy
MUBASHER
Aligator secures $1.2mn seed funding to scale agentic AI
MUBASHER.SA
MAKEEN, Rolls-Royce partner to localize marine engine production in Kingdom
MUBASHER.SA
Saudi Fintech barq secures initial approval for financing services
MUBASHER.SA
Crown Prince: Saudi Arabia achieves 93% of Vision 2030 targets
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Oct 1, 2026
MAKEEN, Rolls-Royce partner to localize marine engine production in Kingdom
Read More
Private Equities News
Calendar Icon
Oct 1, 2026
Crown Prince: Saudi Arabia achieves 93% of Vision 2030 targets
Read More
Private Equities News
Calendar Icon
Oct 1, 2026
PoS sales in Saudi Arabia surpass SAR 65 bn in August
Read More
Private Equities News
Calendar Icon
Sep 30, 2026
China’s CSCEC expands Saudi footprint with 12 ongoing projects
Read More
Private Equities News
Calendar Icon
Sep 30, 2026
Temasek to establish Riyadh office to expand Middle East presence
Read More
Private Equities News
Calendar Icon
Sep 30, 2026
Saudi net FDI declines 19.5% in Q2-2026
Read More
Private Equities News
Calendar Icon
Sep 30, 2026
Saudi Arabia ranks 42nd in Global Innovation Index 2026
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