OpenSooq

OpenSooq (Arabic: ‎السوق المفتوح; lit. "Open Market") is a classified ads and E-commerce mobile app, headquartered in Amman, Jordan and operating across the Middle East and MENA.[2][3][1][4] OpenSooq is an online platform that facilitates consumer-to-consumer and business-to-consumer sales through its website and mobile app.[5] OpenSooq was founded by Salah Sharef in 2008, initially targeted the Libyan market. According to Alexa Internet, OpenSooq is the sixth most visited website in Libya, as of November 2021.[6] After investing by iMENA Group in 2012, OpenSooq started expanding into new countries and launched its first mobile application, in 2013.[7][1]

OpenSooq
TypePrivate
IndustryMarketplace, e-commerce
GenreOnline classifieds portal
Founded2008 (2008)
Headquarters
Amman
,
Jordan
Area served
Middle East and MENA
Key people
  • Adey Salamin (Co-Founder & CEO)
  • Salah Sharef (Founder)
[1]
ServicesClassified advertising, Second-hand shop, Job portal
Number of employees
200+
WebsiteOpenSooq.com

According to the 2021 report of Bloomberg, OpenSooq is involved in the sale of about $30 billion of goods annually, with an item sold every 13 seconds.[8][9]

In 2021, OpenSooq raised $24 million in a round led by Public Investment Fund.[10][11] Other investors in the round were included iMENA Group and FJ Labs.[12][13]

References
  1. "رئيس السوق المفتوح للعربية: نعتزم دخول أسواق جديدة وزيادة". alarabiya. Retrieved November 1, 2021.
  2. "Saudi's PIF, early Alibaba investor back Jordanian startup ..." alarabiya. Retrieved November 1, 2021.
  3. "تطبيق السوق المفتوح يصل إلى المركز الأول بين تطبيقات الإعلانات المبوبة العربية". albawaba. Retrieved November 1, 2021.
  4. "السوق المفتوح إليك كل ما تحتاج إلى معرفته". alqiyady. Retrieved November 1, 2021.
  5. "ما هي شركة السوق المفتوح؟". ammonnews. Retrieved November 1, 2021.
  6. "Top Sites in Libya - Alexa". alexa. Retrieved November 1, 2021.
  7. "It's iMena's time: Scaling online marketplaces in 2018". arabianbusiness. Retrieved November 1, 2021.
  8. "Saudi Wealth Fund, Early Alibaba Investor Back Jordanian Startup". bloomberg. Retrieved November 1, 2021.
  9. "Started in 2012, over 65 million consumers and businesses use OpenSooq's web and mobile apps across the region". kr-asia.com. Retrieved November 1, 2021.
  10. "Saudi Sovereign Wealth Money Fuels OpenSooq Capital Raise". swfinstitute. Retrieved November 1, 2021.
  11. "السوق المفتوح تغلق جولة استثمارية بقيمة 24 مليون دولار". awalan. Retrieved November 1, 2021.
  12. "Saudi Jordanian Investment Fund invests $15 million in OpenSooq". jordantimes. Retrieved November 1, 2021.
  13. "Jordan's online classifieds marketplace OpenSooq.com raised $24m from the Saudi Jordanian Investment Fund, FJ Labs and iMENA Group". thenationalnews. Retrieved November 1, 2021.
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