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Mazadak operates a mobile marketplace for buying, selling, and bidding on products through sealed auctions.
Founded in 2021 and based in Jeddah, Saudi Arabia, Mazadak provides an e-commerce marketplace where users can buy, sell, or auction products. Auctions use confidential sealed bids. In March 2024, the company raised SAR 37.5 million in venture funding led by Revival Lab, with other investors participating. It plans to expand into new markets.
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