WEE Marketplace Secures $10 Million Investment
The recent $10 million infusion is combined with an additional $2 million from existing shareholders.
By Inc.Arabia Staff
UAE-based e-commerce startup WEE has secured a $10 million infusion in a pre-series A round backed by SIG Investment. The move boosts WEE’s valuation to $40 million.[1]
WEE promises consumers in Dubai delivery within the hour, extending to next-day delivery for other emirates.
The recent $10 million infusion is combined with an additional $2 million from existing shareholders
Having previously secured $6.5 million for expansion within the UAE and the GCC region.
Founded in 2021 by Anastasia Kim, Oleg Dashkevich and Sergey Kolikov, WEE aims to develop an ecosystem around its app, integrating shopping, taxi services, payments, and more.
Moreover, WEE is also exploring the possibility of an IPO in the MENA region.
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