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

Exel by Merak awards $5.1mn to 17 Saudi Gaming Startups
News
Calendar Icon
February 19, 2026
Exel by Merak awards $5.1mn to 17 Saudi Gaming Startups
Read More
Saudi Arabia sees 85% surge in investment licenses in Q4 2025
News
Calendar Icon
February 19, 2026
Saudi Arabia sees 85% surge in investment licenses in Q4 2025
Read More
Lumi expands Saudi footprint with new branch in Qassim
News
Calendar Icon
February 19, 2026
Lumi expands Saudi footprint with new branch in Qassim
Read More
DGA qualifies 16 companies for digital government projects
News
Calendar Icon
February 19, 2026
DGA qualifies 16 companies for digital government projects
Read More
Saudi platform Jozo launches Kingdom’s 1st tokenized property deed
News
Calendar Icon
February 19, 2026
Saudi platform Jozo launches Kingdom’s 1st tokenized property deed
Read More
Sure Global Tech approves new AI-focused subsidiary in Riyadh
News
Calendar Icon
February 18, 2026
Sure Global Tech approves new AI-focused subsidiary in Riyadh
Read More
ZIWO secures strategic investment to deepen presence across MENA
News
Calendar Icon
February 18, 2026
ZIWO secures strategic investment to deepen presence across MENA
Read More
CEER strengthens strategic partnership with FEV
News
Calendar Icon
February 18, 2026
CEER strengthens strategic partnership with FEV
Read More
Elevix launches digital capability center to support GCC startups
News
Calendar Icon
February 18, 2026
Elevix launches digital capability center to support GCC startups
Read More
EY KSA, Microsoft to explore new consulting opportunities in Saudi Arabia
News
Calendar Icon
February 17, 2026
EY KSA, Microsoft to explore new consulting opportunities in Saudi Arabia
Read More