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  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.

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