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

Dubai Future District, Buimerc partner to support Dubai’s VC ecosystem
News
Calendar Icon
November 2, 2026
Dubai Future District, Buimerc partner to support Dubai’s VC ecosystem
Read More
Commercial franchise registrations in Saudi Arabia rise by 53% in 9M
News
Calendar Icon
November 2, 2026
Commercial franchise registrations in Saudi Arabia rise by 53% in 9M
Read More
OmniOps pacts with Tencent Cloud to advance enterprise AI development in Kingdom
News
Calendar Icon
November 2, 2026
OmniOps pacts with Tencent Cloud to advance enterprise AI development in Kingdom
Read More
Report: new companies account for 60% of Riyadh’s flexible workspace demand
News
Calendar Icon
November 2, 2026
Report: new companies account for 60% of Riyadh’s flexible workspace demand
Read More
Saudi PoS sales accelerate in Q3-26, surpassing SAR 189 bn
News
Calendar Icon
November 2, 2026
Saudi PoS sales accelerate in Q3-26, surpassing SAR 189 bn
Read More
AC3D secures strategic investment from Transgulf Readymix to expand in GCC
News
Calendar Icon
November 1, 2026
AC3D secures strategic investment from Transgulf Readymix to expand in GCC
Read More
GrowthX Capital leads $5mn pre-Series A round for ALPHA10X
News
Calendar Icon
November 1, 2026
GrowthX Capital leads $5mn pre-Series A round for ALPHA10X
Read More
Aramco closes deal with PIF to acquire 49% stake in HUMAIN
News
Calendar Icon
November 1, 2026
Aramco closes deal with PIF to acquire 49% stake in HUMAIN
Read More
Prosperity7 Ventures participates in Cohere’s CAD $7bn Series E
News
Calendar Icon
November 1, 2026
Prosperity7 Ventures participates in Cohere’s CAD $7bn Series E
Read More
Oracle expands data center capacity in Kingdom, UAE amid AI demand
News
Calendar Icon
October 29, 2026
Oracle expands data center capacity in Kingdom, UAE amid AI demand
Read More