iMENA Holdings invests in OpenSooq.com

 
 
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ACROSS DUBAI, UAE - May 7, 2013 - PRLog -- iMENA Holdings (http://www.imena.com/), an integrated and actively managed group of leading online businesses in the MENA region, announced that it invested in OpenSooq.com (http://www.opensooq.com/), a leading Middle East and North Africa (MENA) online classifieds business that offers its users the ability to buy and sell products and services online through online classifieds postings across many categories including but not limited to real estate, automotive, electronics, furniture, jobs, and travel services.

OpenSooq.com (http://www.opensooq.com/) is an Arabic-Only online classifieds platform that allows users to post their classified advertisements for free and without commission. OpenSooq.com (http://www.opensooq.com/) gives sellers the opportunity to advertise their products and services, find the best price and sell it with no intermediaries to millions of users. For buyers, OpenSooq.com (http://www.opensooq.com/) allows users to browse thousands of advertised goods, products, and services using simple searches and filters, and often find amazing deals and discounts found nowhere else.

According to several online audience measurement services such as Stats Ipsos and Effective Measures, OpenSooq.com (http://www.opensooq.com/) is already ranked as the number one online classifieds website in terms of listings and traffic in a several countries in the region. With a simple and highly intuitive interface that is tailored to local audiences, OpenSooq.com (http://www.opensooq.com/) generates approximately 100 million pageviews a month.  The total number of active classifieds posts on OpenSooq.com (http://www.opensooq.com/) continues to grow, allowing it to offer users multiples of the number of classifieds ads in any newspaper print classifieds publication in the Arab world.

Salah Al-Sharef, CEO of OpenSooq.com (http://www.opensooq.com/), said “partnering with a big group like iMENA Holdings will assist our company in achieving its rank as the market leader in Arabic Online Classifieds in the region Insha’Allah.”

“Online classifieds is a proven business model globally, and OpenSooq.com (http://www.opensooq.com/) is a rising star in this vertical” said Adey Salamin, CEO of iMENA Holdings.

iMENA Holding Ltd. (iMENA) – www.imena.com (http://www.imena.com/)

With a mission to capture the hyper-growth phase of the consumer Internet industry in the Middle East & North Africa, iMENA invests in, builds, and partners with leading teams and organizations to form an integrated and actively managed group of online platforms in the MENA region.

OpenSooq.com – www.OpenSooq.com (http://www.opensooq.com/)
OpenSooq.com (http://www.opensooq.com/) is an Arabic free classifieds website in the Middle East and North Africa (MENA). Launched in 2008; for users to buy, sell, or find anything in their community. OpenSooq.com (http://www.opensooq.com/) is available in 19 countries in the MENA region. OpenSooq.com aims to become the leader in online classifieds locally in each of the
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Source:OpenSoq.com
Email:***@imena.com Email Verified
Industry:Internet, Deals
Location:Across Dubai - Dubai - United Arab Emirates
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