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

Goldman Sachs expands Riyadh office with private wealth management arm
News
Calendar Icon
October 23, 2025
Goldman Sachs expands Riyadh office with private wealth management arm
Read More
NHC Innovation, BytePlus sign MoU to advance AI in Saudi real estate
News
Calendar Icon
October 23, 2025
NHC Innovation, BytePlus sign MoU to advance AI in Saudi real estate
Read More
AlBedaiwy: Saudi Arabia’s IoT market set to hit SAR 14 bn by 2027
News
Calendar Icon
October 23, 2025
AlBedaiwy: Saudi Arabia’s IoT market set to hit SAR 14 bn by 2027
Read More
Cyber Force announces regional expansion plans to Saudi Arabia, UAE
News
Calendar Icon
October 23, 2025
Cyber Force announces regional expansion plans to Saudi Arabia, UAE
Read More
Tuwaiq Academy, NVIDIA partner to empower Saudi talent in AI
News
Calendar Icon
October 23, 2025
Tuwaiq Academy, NVIDIA partner to empower Saudi talent in AI
Read More
Endeavor Saudi Arabia launches “Riyadh Forward” to accelerate global entrepreneurship
News
Calendar Icon
October 22, 2025
Endeavor Saudi Arabia launches “Riyadh Forward” to accelerate global entrepreneurship
Read More
Hub71 launches new Life Sciences ecosystem to accelerate health innovation
News
Calendar Icon
October 22, 2025
Hub71 launches new Life Sciences ecosystem to accelerate health innovation
Read More
KAFD signs strategic agreement with Samsung to boost smart city capabilities
News
Calendar Icon
October 22, 2025
KAFD signs strategic agreement with Samsung to boost smart city capabilities
Read More
Saudi’s Audi Capital strengthens regulatory framework through azakaw partnership
News
Calendar Icon
October 22, 2025
Saudi’s Audi Capital strengthens regulatory framework through azakaw partnership
Read More
Saudi Arabia gears up for 1st TOURISE Forum with 120+ global speakers
News
Calendar Icon
October 22, 2025
Saudi Arabia gears up for 1st TOURISE Forum with 120+ global speakers
Read More