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Taager Secures $6.75M To Expand Social eCommerce In MENA

The Pre-Series B funding round was led by Norrsken22 and will allow the company to enhance the platform while strengthening its data tools and team.

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taager secures $6.75 million to expand social ecommerce in mena

Riyadh-based social eCommerce platform Taager has successfully raised $6.75 million in a Pre-Series B funding round. The investment, led by Africa-focused growth fund Norrsken22, will help the company expand its operations further across the Middle East.

Taager allows would-be entrepreneurs to start their own dropshipping business, providing products, storage, shipping, and customer collection. However, unlike traditional platforms, Taager specializes in “social eCommerce” — a business model where products are bought and sold directly through social media platforms.

Social commerce merges online shopping with social interactions, significantly reshaping traditional online customer journeys. Globally, social eCommerce is projected to generate $2.5 trillion in revenue this year. In the MENA, it has already surpassed $14 billion, accounting for over 30% of all eCommerce sales.

Although MENA’s young, tech-savvy population is already purchasing products via social eCommerce, would-be entrepreneurs often face challenges starting a business in the region. Supply chains are complex, capital is limited, and gaining insights into the diverse range of consumer bases can be tough.

Taager tackles these pain points by offering an all-in-one platform that provides sellers with access to trending products, pricing and marketing insights, logistics solutions, embedded financing, and multi-market payment processing.

Also Read: Top E-Commerce Websites In The Middle East In 2025

Leveraging data gathered from thousands of merchants and millions of customers, Taager also uses machine learning to enhance product recommendations, optimize pricing, and predict buyer behavior. The company is also integrating generative AI into its operations, using AI-driven sales agents to improve efficiency while keeping costs in check.

The eventual goal is to establish Taager as a central hub for demand generation and data-driven decision-making in MENA’s social eCommerce ecosystem. Mohamed Elhorishy, Taager’s Co-founder and CEO, emphasized the company’s ambitious mission: “Our goal is to make it possible for anyone to launch and scale a successful social eCommerce business. We support women, young entrepreneurs, and low-income individuals in building sustainable sources of income. On average, Taager merchants have seen a 2.5x increase in profitability. Our platform has helped thousands achieve financial independence and stability”.

So far, Taager has supported over 45,000 online social sellers. With this latest round of funding, the company plans to strengthen its data tools, expand its product offerings, and grow its expert team to accelerate its regional impact.

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Saudi Digital Payments Reach 80% As Cash Use Shrinks

Visa data shows cards and mobile wallets dominate spending, with smartphones now driving a growing share of daily transactions.

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saudi digital payments reach 80% as cash use shrinks

Digital payments now account for 80% of all transactions in Saudi Arabia, according to Visa’s latest Where Cash Hides report, another marker of how quickly the Kingdom is moving away from cash.

The share is up four percentage points from a year ago. Around 67% of consumers are now largely non-cash users, paying mainly with cards or mobile wallets. Smartphones are taking a bigger role, with mobile payments making up 16% of transactions.

visa where cash hides saudi arabia 2026

Cash is retreating in routine spending. Eating out dropped 9%. Bill payments fell 8%, as shoppers opt for faster checkouts and app-based payments.

“The data shows a steady move toward digital payments in Saudi Arabia. Such progress is possible only because banks, fintechs, merchants, and technology partners are moving together in the same direction, in line with the Kingdom’s Vision 2030,” said Ali Bailoun, Visa’s Senior Vice President and Group Country Manager for Saudi Arabia, Bahrain, and Oman.

Also Read: UAE Users Sleep Less, But More Efficiently, ŌURA Data Reveals

Despite the recent findings, it’s important to note that cash hasn’t yet disappeared. It still shows up for tips (39%), peer-to-peer transfers (28%) and rent (14%).

Visa points to security features such as tokenization, along with rewards and cashback, as factors nudging more spending onto cards and phones — a shift that tracks with Saudi Arabia’s wider Vision 2030 push to digitize commerce.

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