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

HITEK AI launches GCC’s 1st AI-powered asset management solution
MUBASHER
Jisr joins hands with Tamam to enhance employees' financial experience
MUBASHER.SA
Magna AI, Saudi Xerox partner to advance sovereign AI in Saudi Arabia
MUBASHER
Khalifa Fund launches 2026 Young Entrepreneurship Program
MUBASHER
PoS sales in Saudi Arabia exceed SAR 189 bn in Q1-26
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Jul 1, 2026
HITEK AI launches GCC’s 1st AI-powered asset management solution
Read More
Private Equities News
Calendar Icon
Jul 1, 2026
Jisr joins hands with Tamam to enhance employees' financial experience
Read More
Private Equities News
Calendar Icon
Jul 1, 2026
Magna AI, Saudi Xerox partner to advance sovereign AI in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Jul 1, 2026
Khalifa Fund launches 2026 Young Entrepreneurship Program
Read More
Private Equities News
Calendar Icon
Jun 30, 2026
Saudi FDI net inflows drop by 2.4% in Q1-26 to SAR 23.1 bn
Read More
Private Equities News
Calendar Icon
Jun 30, 2026
Tabby receives consumer, SME finance licenses from SAMA
Read More
Private Equities News
Calendar Icon
Jun 30, 2026
Saudi Tourism Ministry unveils AI Tourism Vision, launches ‘TourismX’ AI engine
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