Soum, a re-commerce marketplace, secured $18M in funding to scale its business in MENA.
December 20, 2023
Soum is a C2C marketplace for pre-owned goods in the MENA region. It was founded in 2021 and has raised $22 million in funding. The company plans to expand to other MENA countries and add new categories like automobiles and collectibles. Soum makes money through commissions for every item sold.
Link to the original story: https://techcrunch.com/2023/12/20/soum-18m-series-a-funding/
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