ServiceMarket

Last updated
ServiceMarket
Type of site
E-commerce
Available in English
URL https://servicemarket.com
CommercialYes
Launched2013
Current statusActive

ServiceMarket is an online home services marketplace based in the UAE. [1] [2] [3] The website allows customers to get quotes and book home services as well as read reviews of service providers. [4]

Contents

Funding

ServiceMarket (previously MoveSouq) [5] [6] successfully closed its first and second rounds of funding in 2013 and 2015. [7] [8] In September 2016, the Dubai-based startup announced that it had closed a US$3 million Series A funding round led by a Russia-based venture capital firm. [9]

Related Research Articles

Maktoob was an online services company founded in Amman (Jordan). Maktoob.com was known for being the first Arabic–English email service provider. In 2009, Yahoo! acquired Maktoob.com, making it Yahoo!'s official arm in the MENA region. As of January 31, 2023, Yahoo! Maktoob has been shut down; and therefore no longer publishes content.

Majid Al Futtaim Holding is an Emirati holding company based in Dubai. The family-owned conglomerate owns and operates shopping malls, retail, and hotel establishments in the Middle East and North Africa.

<span class="mw-page-title-main">Bayut</span>

Bayut is a UAE-based property search engine for buying, selling and renting residential and commercial properties across the country's seven emirates. The website also provides users with a tool to calculate commute times from listed properties to destinations, and shows nearby schools, hospitals, and restaurants.

<span class="mw-page-title-main">Crescent Enterprises</span> Emirati-based conglomerate

Crescent Enterprises is a multinational company headquartered in the Emirate of Sharjah, United Arab Emirates. The company operates through four platforms: CE-Operates, CE-Invests, CE-Ventures, and CE-Creates, across sectors that include ports and logistics, food and beverages, and business aviation, as well as across business verticals, such as private equity, venture capital, and business incubation.

DAMAC Properties is an Emirati property development company, based in Dubai, in the United Arab Emirates. In January 2015, DAMAC Properties was publicly listed on the Dubai Financial Market. The company operates internationally, providing residential, commercial and leisure properties and has presence in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iran, Oman, and the United Kingdom.

Events from the year 2013 in the United Arab Emirates.

Eureeca is an equity crowdfunding platform with presence in Europe, the Middle East and South East Asia that allows early-stage businesses and small and medium-sized enterprises (SMEs) to raise capital from a group of investors, who range from casual and angel investors to institutional firms, in exchange for equity. Eureeca serves as an alternative financing option to more traditional financing sources such as banks and venture capital firms.

<span class="mw-page-title-main">Novo Cinemas</span>

Novo Cinemas is a movie theatre chain owned by Elan Group Qatar operating in the United Arab Emirates (U.A.E.), Qatar and Bahrain. It is headquartered in Doha and considered one of the larger cinema chains in the Middle East.

<span class="mw-page-title-main">Souq (company)</span> English-Arabic language e-commerce platform

Souq.com was the largest e-commerce platform in the Arab world. The company launched in 2005 in Dubai, United Arab Emirates. On March 28, 2017, Amazon.com Inc. acquired Souq.com for $580 million as a subsidiary. On May 1, 2019, Souq.com UAE became known as Amazon.ae, while on June 17, 2020, Souq.com KSA became known as Amazon.sa. Lastly, on September 1 2021, Souq.com Egypt became known as Amazon.eg and officially marking the end of Souq.com

Careem is a Dubai-based super app with operations in over 100 cities, covering 12 countries across the Middle East, Africa, and South Asia regions. The company, which was valued at over US$2 billion in 2018, became a wholly-owned subsidiary of Uber after being acquired for $3.1 billion in January 2020. Careem expanded into the food delivery business with Careem Now in November 2018 and launched a digital payment platform, Careem Pay in April 2022.

<span class="mw-page-title-main">Ronaldo Mouchawar</span> Syrian entrepreneur

Ronaldo Mouchawar, is a Syrian entrepreneur. In 2005, he co-founded Souq.com, the largest e-commerce retailer in the Arab World, making the e-commerce retailer the region's first unicorn. When Amazon acquired Souq in 2017, Mouchewar became vice president of Amazon Middle East and North Africa. He is a veteran of Maktoob, the internet portal purchased by Yahoo in 2009. In 2005, he launched Souq.com which as of September 1 2021 is a defunct e-commerce app replaced by its parent company Amazon.

<span class="mw-page-title-main">Hussain Sajwani</span> Emirati businessman

Hussain Sajwani, is an Emirati billionaire businessman and the founder of the property development company, DAMAC Properties, and his private investment company, DAMAC Group.

Saygin Yalcin is a Dubai-based German entrepreneur and academic lecturer of Turkish origin. He founded sukar.com which was acquired by Souq.com, which was then acquired by Amazon for $580 million.

Service My Car is a UAE-based online car servicing and repair platform. The company is headquartered in Dubai, UAE and provides car services through its app in Saudi Arabia, Oman, UAE, and the UK.

Opontia is an e-commerce company founded in February 2021 by Philip Johnston and Manfred Meyer.

<span class="mw-page-title-main">Abdallah Abu Sheikh</span> Jordanian businessman

Abdallah Abu Sheikh is a Jordanian businessman and founder of Rizek and Barq EV.

Pay Tabs is a financial services company based in Saudi Arabia.

<span class="mw-page-title-main">Instashop</span> E-commerce platform

Instashop is a United Arab Emirates delivery company headquartered in Dubai and part of Delivery Hero, a German holding company. Apart from UAE, the company operates in Bahrain, Egypt, Qatar, Lebanon, Saudi Arabia, Greece, Oman, and Kuwait.

ekar is Middle East's first car sharing operator. It provides short-term mobility services and is headquartered in Dubai.

John Tsioris is a Greek entrepreneur and the founder and CEO of Instashop, a Dubai-based grocery e-commerce platform.

References

  1. Staff, Entrepreneur Middle East (2016-09-22). "Dubai-Based Home Services Startup MoveSouq.com Raises US$3 Million". Entrepreneur. Retrieved 2016-12-20.
  2. Team, Forbes. "ServiceMarket - The 50 Most Promising U.A.E. Startups | Forbes Middle East". Forbes Middle East. Retrieved 2016-12-20.
  3. "Investors on the hunt for next unicorn as The Luxury Closet, MoveSouq, Compareit4me get fresh financing | The National" . Retrieved 2016-12-20.
  4. Staff, Entrepreneur Middle East (2016-09-22). "Dubai-Based Home Services Startup MoveSouq.com Raises US$3 Million". Entrepreneur. Retrieved 2016-12-20.
  5. "10 things we learnt during our rebrand". Arabian Business. Retrieved 2016-12-20.
  6. "Rebranding? 12 steps to doing the tech right [Opinion]". Wamda. Retrieved 2016-12-20.
  7. Staff, Entrepreneur Middle East (2016-09-22). "Dubai-Based Home Services Startup MoveSouq.com Raises US$3 Million". Entrepreneur. Retrieved 2016-12-20.
  8. "UAE-Based MoveSouq Closes $3 Million Funding Round". STEP Conference. 2016-09-21. Retrieved 2016-12-20.
  9. "Dubai's MoveSouq closes $3m funding, eyes expansion". Arabian Business. Retrieved 2016-12-20.