Hudhudshop closes six-figure dollar pre-Seed round

user icon
NOHA.GAD
calender icon
Dec 9, 2024
article image

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.


Share

Related News

JLL: Riyadh smart technologies could generate billions in economic value
News
Calendar Icon
September 23, 2026
JLL: Riyadh smart technologies could generate billions in economic value
Read More
BlackRock: Saudi Arabia leads Middle East private capital activity
News
Calendar Icon
September 23, 2026
BlackRock: Saudi Arabia leads Middle East private capital activity
Read More
AJi Group expands presence in Kingdom with new facilities management arm
News
Calendar Icon
September 22, 2026
AJi Group expands presence in Kingdom with new facilities management arm
Read More
Visa expands access to its Visa Direct ecosystem across Saudi Arabia
News
Calendar Icon
September 22, 2026
Visa expands access to its Visa Direct ecosystem across Saudi Arabia
Read More
ROSHN, TMG Saudi plan joint venture for Riyadh mixed-use development
News
Calendar Icon
September 21, 2026
ROSHN, TMG Saudi plan joint venture for Riyadh mixed-use development
Read More
UAE’s AI Office, Dell Technologies partner to scale agentic AI capabilities
News
Calendar Icon
September 21, 2026
UAE’s AI Office, Dell Technologies partner to scale agentic AI capabilities
Read More
ahlibank launches SME Academy to support Oman’s entrepreneurs
News
Calendar Icon
September 21, 2026
ahlibank launches SME Academy to support Oman’s entrepreneurs
Read More
TalMal secures undisclosed pre-seed funding from MM Partners
News
Calendar Icon
September 20, 2026
TalMal secures undisclosed pre-seed funding from MM Partners
Read More
Yasmina partners with Qoyod to facilitate SMEs' insurance experience
News
Calendar Icon
September 20, 2026
Yasmina partners with Qoyod to facilitate SMEs' insurance experience
Read More
PIF launches Tawrid to provide supply chain financing products
News
Calendar Icon
September 20, 2026
PIF launches Tawrid to provide supply chain financing products
Read More