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

Fina secures SAR 282 mn facility to scale embedded financing for Saudi SMEs
News
Calendar Icon
July 20, 2026
Fina secures SAR 282 mn facility to scale embedded financing for Saudi SMEs
Read More
SVC announces strategic investment in SEEDRA Ventures Fund II
News
Calendar Icon
July 20, 2026
SVC announces strategic investment in SEEDRA Ventures Fund II
Read More
e& UAE partners with Core42 to deliver sovereign AI infrastructure at scale
News
Calendar Icon
July 20, 2026
e& UAE partners with Core42 to deliver sovereign AI infrastructure at scale
Read More
DLA Piper submits application to obtain RHQ license in Saudi Arabia
News
Calendar Icon
July 20, 2026
DLA Piper submits application to obtain RHQ license in Saudi Arabia
Read More
Saudi Arabia ranks 13th globally in FDI inflows, reaching $32.6bn in 2025
News
Calendar Icon
July 19, 2026
Saudi Arabia ranks 13th globally in FDI inflows, reaching $32.6bn in 2025
Read More
Tally Solutions recognizes 25 UAE SMEs at MSME Honours 2026
News
Calendar Icon
July 19, 2026
Tally Solutions recognizes 25 UAE SMEs at MSME Honours 2026
Read More
Cultural Development Fund, Culture Ministry SDAIA partner to Advance AI in Arts
News
Calendar Icon
July 16, 2026
Cultural Development Fund, Culture Ministry SDAIA partner to Advance AI in Arts
Read More
Wadi Jeddah hosts ‘Shark Tank MBSC Edition’ to nurture entrepreneurs
News
Calendar Icon
July 16, 2026
Wadi Jeddah hosts ‘Shark Tank MBSC Edition’ to nurture entrepreneurs
Read More
SDAIA launches ‘National AI Risk Management Framework’
News
Calendar Icon
July 16, 2026
SDAIA launches ‘National AI Risk Management Framework’
Read More
9Yards X acquires Labib AI to strengthen AI capabilities
News
Calendar Icon
July 15, 2026
9Yards X acquires Labib AI to strengthen AI capabilities
Read More