Saturday, July 6, 2024
HomeRecent Articles UAE-Based WEE secures $10 Million in Pre-Series A Round Funding

[Funding Alert] UAE-Based WEE secures $10 Million in Pre-Series A Round Funding

WEE, the innovative marketplace renowned for its quick product delivery throughout the UAE a $10 million infusion from SIG Investment, demonstrating trust in WEE's abilities and vision.

WEE, the innovative marketplace renowned for its quick product delivery throughout the UAE a $10 million infusion from SIG Investment, demonstrating trust in it’s abilities and vision.

Differentiating oneself in the thriving UAE e-commerce scene, it has won praise for its unparalleled shipping offerings, which are evocative of the successful American Target Plus model.

Read also – Hong Kong Polytechnic University Partners with ZEISS Vision Care

It provides customers in Dubai with the ease of ordering goods, promising delivery within an hour, and extending to next-day delivery for the remaining emirates through its exclusive network of reliable partners.

Read also – India-Based Boba Bhai Secured $1.5 Million in Seed Funding

Its Marketplace is poised for even greater heights under the skillful leadership of CEO and co-founder Anastasia Kim and the visionary guidance of co-founders Oleg Dashkevich and Sergey Kolikov.

“The investment is set to enhance WEE’s standing in the e-commerce sector within the UAE, enabling us to upgrade our logistics capabilities, expedite widespread growth, and fortify our team. Our primary focus will revolve around advancing the fashion category with innovation in the UAE service of partial purchase and fitting as well as highlighting live streamings. We will also introduce new services to the super app ecosystem,” said Anastasia Kim, CEO and cofounder of WEE.

It recently completed a pre-A round of investments with $10 million from SIG Investment, reinforced by an additional $2 million from current shareholders. These investments highlight WEE’s enormous potential. In just two years, the network has caught UAE audiences’ attention and formed significant partnerships with leading local businesses.

About WEE

The UAE-based marketplace, WEE, was established to help you save time one of your most valuable resources. WEE provides dependable and quick delivery for every order.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular