Start-up classifieds portal launched with AED 50 million investment

MAGNiTT News cpifinancial.net - 2 years ago - Wed, May 9, 2018, 2:25 PM

Start-up classifieds portal launched with AED 50 million investment
Author: MAGNiTT

By Jessica Combes / CPI Financial 

 

SOURCE : CPI Financial - Start-up classifieds portal launched with AED 50 million investment


The company aims to grow its footprint in the UAE by offering value-added services, including extended customer engagement and support tools.

Spokespeople of Alawooz, which is owned by Dubai-based Quick Manage, said the portal offers its services free of charge across a wide range of buy and sell categories from used cars to property and household items, with dedicated sections for local events, announcements, services and activities.

“Our initial focus is to grow our presence in the UAE and later expand to cover the wider Gulf and the Middle East in the second phase,” said Ibrahim Mohammed, General Manager, alawooz.com, adding that the idea behind alawooz.com is to bridge the trust deficit in the online market place by engaging its users through a variety of quick-response and interactive tools.

 
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