Awok was an e-commerce company headquartered in Dubai, UAE.[2][3] The company used to sell items such as clothing, fashion accessories, kitchenware, home appliances, consumer electronics and beauty products.[4][5][1][6][7] Awok closed its business in the month of August 2020 due to global financial situation, as said by the company on their website,[citation needed] even though the company had raised $30 million in April 2019[8]
| Area served | Middle East |
|---|---|
| Key people | Ulugbek Yuldashev (Founder & CEO)[1] |
| Employees | 350+ |
| URL | www |
| Commercial | Yes |
| Registration | Required |
| Current status | Closed |
History
editAwok was founded in 2013 by Ulugbek Yuldashev.[2][9][10][11] The company was headquartered in Dubai, UAE.[12][13][14][5]
In April 2019, the company raised $30 million in funding, the company was also planning to launch its own private label. It was reported that in June 2019, the company had stopped paying its creditors including suppliers, logistics providers as well as the staff.[15]
See also
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References
edit- ^ a b Deulgaonkar, Parag (21 May 2017). "Awok.com rolls out its expansion plans". Arabian Business. Retrieved 20 November 2017.
- ^ a b Staples, Andrew (12 March 2017). "E-tailer Awok looks to expand in the GCC". Gulf News. Retrieved 18 November 2017.
- ^ "Awok.com launches in Saudi Arabia". Trade Arabia. Retrieved 18 November 2017.
- ^ "AWOK.com launches its services in KSA". Arab News. 19 September 2017. Retrieved 18 November 2017.
- ^ a b Maceda, Cleofe (7 June 2015). "Cash is still king for majority of UAE consumers". Gulf News. Retrieved 18 November 2017.
- ^ "Awok, the Gulf Amazon: an Arab success story". KAWA News (in French).
- ^ "Endeavor Selects 22 Entrepreneurs from Eight Countries at the 77th International Selection Panel in Dubai". Endeavor.
- ^ Paracha, Zubair Naeem (2019-04-08). "Dubai-based ecommerce platform Awok.com raises $30 million in one of the largest Series A rounds of region". MENAbytes. Retrieved 2024-07-10.
- ^ "Most Dubai shoppers turn to online retailers for frequent purchases". The National (Abu Dhabi). 14 May 2017. Retrieved 18 November 2017.
- ^ "Generation Start-up: Awok founder solving a retail problem for UAE's underserved mass market". The National (Abu Dhabi). 12 August 2017. Retrieved 20 November 2017.
- ^ "Day in the life: E-commerce chief committed to the task". Thenational.ae. Retrieved 16 May 2015.
- ^ "AWOK.com sees triple figure sales increase since its inception in 2013". AMEinfo.com. 13 April 2015. Retrieved 18 November 2017.
- ^ "9 discount shopping sites to check out in the UAE". Gulf News. Retrieved 18 November 2017.
- ^ "75% of UAE online shoppers still prefer to pay on delivery". Arabian Business. Retrieved 18 November 2017.
- ^ Paracha, Zubair Naeem (2020-09-13). "Inside the fall of Awok". MENAbytes. Retrieved 2024-07-10.
External links
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