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FinancialNews


  • 08-05-22

    Qatar’s Snoonu targets worldwide markets

    (MENAFN) After rising fast in the national market, Snoonu- Qatar’s home grown success story- is targeting to raid into worldwide markets.

    Qatar’s foremost tech start-up is in arrangement to go into two GCC markets- Oman and Kuwait- 2022, but, rather than beginning its processes from zero in these nations, the firm targets to obtain already recognized firms in the market.

    Hajri stated that, “in the next two months we are planning to enter two GCC countries, Oman and Kuwait,” Hamad Al Hajri, Founder and CEO of Snoonu, told The Peninsula in an exclusive interview. “We are looking at already established company in the market and acquire it. We are not looking to start from the zero in new market. We are looking at the acquisition of already established company in that market.”

    Having witnessed astronomical expansion in the previous few years, the firm targets to turn into Qatar’s first unicorn, but the term unicorn implies to any startup that grasps the valuation of USD1bn.

    MENAFN08052022000045014228ID1104177120

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