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

SAMA soon to greenlight ‘Tap to Pay’ on iPhones in Saudi Arabia
MUBASHER.SA
Aramco Ventures participates in $53mn seed funding for Hang Ten Systems
MUBASHER.SA
Rize lands SAR 187.5mn Murabaha Facility to finance rental portfolio
MUBASHER.SA
Tali Ventures invests in Bahraini investment platform Tanami Capital
MUBASHER
Mawrid provides unified financial platform to support Saudi mid-sized businesses
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Sep 17, 2026
Snipefinity showcases innovative trading technology solutions at Money20/20 Middle East
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
Malki: TAM Capital offers all investment options via single digital platform
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
Alpha Power develops shariah-compliant solar financing platform in Saudi Arabia
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
GlassHub develops AI-powered compliance solutions for Saudi financial sector
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
Future Industrialists initiative launches at SIF 2026 to build industrial human capital
Read More
Private Equities News
Calendar Icon
Sep 17, 2026
SAL signs 2 MoUs with CIMC to boost Saudi logistics infrastructure
Read More
Private Equities News
Calendar Icon
Sep 16, 2026
Capgemini: Businesses accelerate climate adaptation efforts amid growing risks
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