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

CNTXT AI acquires Actualize to expand enterprise-grade Arabic AI agents
News
Calendar Icon
June 4, 2026
CNTXT AI acquires Actualize to expand enterprise-grade Arabic AI agents
Read More
KPMG: 76% of Saudi organizations expect AI returns within 1 year
News
Calendar Icon
June 4, 2026
KPMG: 76% of Saudi organizations expect AI returns within 1 year
Read More
Dubai Economy Department launches ‘SME in a Box’ to foster entrepreneurs
News
Calendar Icon
June 4, 2026
Dubai Economy Department launches ‘SME in a Box’ to foster entrepreneurs
Read More
du, Open Innovation AI join forces to scale agentic AI adoption
News
Calendar Icon
June 4, 2026
du, Open Innovation AI join forces to scale agentic AI adoption
Read More
Anara Impact Capital reaches $48mn 1st close for debut MENA Fund
News
Calendar Icon
June 4, 2026
Anara Impact Capital reaches $48mn 1st close for debut MENA Fund
Read More
Tayseer Arabian named ‘Best Islamic SME Financing Provider’ in Saudi Arabia
News
Calendar Icon
June 3, 2026
Tayseer Arabian named ‘Best Islamic SME Financing Provider’ in Saudi Arabia
Read More
Saudi non-oil business activity rebounds in May, PMI hits 52.8
News
Calendar Icon
June 3, 2026
Saudi non-oil business activity rebounds in May, PMI hits 52.8
Read More
HUMAIN expands Saudi AI ambitions with NVIDIA Robotaxi partnership
News
Calendar Icon
June 2, 2026
HUMAIN expands Saudi AI ambitions with NVIDIA Robotaxi partnership
Read More
Zain KSA launches AI Center of Excellence to expand AI-powered solutions
News
Calendar Icon
June 2, 2026
Zain KSA launches AI Center of Excellence to expand AI-powered solutions
Read More
AMAK launches Advance Drilling Company with SAR 40 mn issued capital
News
Calendar Icon
June 2, 2026
AMAK launches Advance Drilling Company with SAR 40 mn issued capital
Read More