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Mobily Ventures invests in e-commerce firm Dokkan Afkar

Monday 12 January 2015 | 10:48 CET | News
Saudi's Mobily Ventures has announced an investment in Dokkan Afkar, an e-commerce start-up based in Jeddah. Dokkan Afkar, or 'shop of ideas', was founded in June 2012 and commercially launched in June 2013, Tradearabia reported. The e-commerce store offers a wide range of unique products with a strong appeal for the youth in Saudi Arabia and a focus on promoting local suppliers. E-commerce is expected to expand to SAR 9.9 billion in 2015, according to PayPal Insights E-Commerce report in the Middle East.

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Categories: Mobile & Wireless
Companies: Mobily
Countries: Saudi Arabia
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