Dubai car trading platform gets $5 million in latest funding
DUBAI: The Dubai-based startup Seez has secured $5 million in its latest funding round, Arab Newsreported.
Founded in 2016, the automotive startup offers a platform for car listings, as well as artificial intelligence and data tools for the car buyers.
Using its platform, people can buy cars from official dealers and individual resellers.
“Seez is growing faster than expected so more capital will help us deal with our rapid growth, as we continue our European expansion,” Seez co-founder and chief executive officer, Tarek Kibrit, said in a statement.
The latest funding comes as Seez aims at taking advantage of the $3 trillion car industry, which it said, “remains largely offline”.
“Now, we are moving towards a more comprehensive solution for both car buyers and dealers. As the world continues to change rapidly, we need to keep evolving our offerings,” Kibrit added.
Govt sets target to produce 6,900,000 tonnes coal
ISLAMABAD: The government has set a target to produce around 6,900,000 tonnes...
China’s Liu, US Treasury’s Yellen hold ‘candid’ call on trade
BEIJING: China’s vice premier Liu He held a call with US Treasury Secretary...
Pakistan Industrial Expo to be held from October 29
LAHORE: The fifth edition of the Pakistan Industrial Expo named as “China-Pakistan...
World Bank satisfied with Agriculture Smart Programme progress
LAHORE: The World Bank has expressed satisfaction over the progress on the...
Pakistan’s IT exports rise to $635 million: adviser
ISLAMABAD: Pakistan’s information technology (IT) exports increased to $635 million in the...