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Home Ecommerce

Hudhudshop, a Qatari e-commerce platform, has secured a six-figure investment in its pre-seed round

Tech Gist Africa by Tech Gist Africa
12/10/2024
in Ecommerce, Funding, Middle East and Africa, News - Middle East And North Africa
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Hudhudshop Qatar Tarek Moein

Hudhudshop Qatar Tarek Moein

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Hudhudshop, the top e-commerce platform with its headquarters in Qatar, recently announced that it has successfully raised six figures in a pre-seed fundraising round.

Hudhudshop, which specializes in distributing high-end Turkish goods throughout the Gulf and beyond, including Qatar, Saudi Arabia, Kuwait, Bahrain, Oman, the United Arab Emirates, and Jordan, has swiftly established itself as a name synonymous with excellence and variety.

With an excellent track record of +13,000 sales in just 10 months and a large inventory of over 50,000 products, Hudhudshop has cemented its place as a major player in the e-commerce industry. Several crucial services are provided by the platform, including “Q hudhud” for local delivery in Qatar, “Absher” for customised sourcing, “T hudhud” for smooth shipping from Turkey to the Gulf, and “Large” for business-to-business customers.

Tarek Moein, our CEO, 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.”

“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”. Mr. Raed Sakr, Managing Partner commented.

Hudhudshop is transforming the Gulf’s access to Turkish goods by establishing itself as the go-to source for convenience and quality.

 

Read more on Tech Gist Africa: 

Helium Health, a Nigerian company, has acquired Meddy, a Qatar-based doctor booking platform

Teradix, an Egyptian e-procurement startup, has been awarded a grant of $140,000 to expand its operations in Saudi Arabia

SQUATWOLF, an online retailer in the UAE, has secured $30 million in funding 

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