0
Wireless

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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Countries: Jordan
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Huawei Ads names Connect Ads as premium partner in MENA

Published 26 Feb 2021 14:03 CET | Middle East
Huawei Ads has announced that Connect Ads has become a Premium Partner in the Middle East and  North Africa region. It is ...

Huawei Mobile Services expands advertising business to MEA and Pakistan

Published 03 Feb 2021 13:12 CET | Middle East
Huawei Mobile Services (HMS) has announced the expansion of its advertising business into overseas markets including the Middle ...

ZoodMall and OpenSooq add Qi Card as payment option

Published 05 Oct 2020 10:52 CET | Iraq
Qi Card, the Iraqi electronic payment service and national debit/credit card, said that ZoodMall and OpenSooq have begun ...

OpenSooq says mobile app passes 2 mln downloads

Published 30 Oct 2014 12:34 CET | Middle East
OpenSooq, an Arabic online and mobile classifieds player operating in the Middle East and North Africa (Mena), said that its ...

Naspers subsidiary MIH Group invests in Dubizzle

Published 21 Jun 2011 11:28 CET | Middle East
MIH Internet, a division of the South Africa-based media group Naspers, announced a new strategic partnership with the online ...