Jordan's OpenSooq raises USD 24 mln to expand mobile-first classifieds marketplace

Friday 11 June 2021 | 10:22 CET | News
Jordan's mobile-first classifieds marketplace OpenSooq has raised USD 24 million in an investment round led by the Saudi Jordanian Investment Fund, it announced. Existing investors including FJ Labs and iMENA Group also participated. OpenSooq began trading in 2012 and claims to have become the leading mobile-based classifieds marketplace in the region, with over 65 million consumers and businesses using its web and mobile apps. Its website alone, according to publicly available data, receives over 20 million visitors every month.

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Categories: Mobile & Wireless
Countries: Jordan
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