About Consumer Electronics E-Commerce sector in Saudi Arabia
The Consumer Electronics E-Commerce sector in Saudi Arabia comprises 134 companies, including 3 funded companies having collectively raised $31.5M in venture capital money and private equity. Out of these, 2 are Series A+ funded.
Consumer Electronics E-Commerce sector in Saudi Arabia has seen 1 IPO.
This sector includes companies dealing in the online sale of consumer electronic products.
Consumer Electronics E-Commerce sector is also known as Consumer Electronics Tech or Online Consumer Electronics.
Companies included in Consumer Electronics E-Commerce
Online platforms selling consumer electronic products such as mobile devices and accessories, audio and video devices, home appliances, components and replacement parts, imaging devices and accessories, computers and peripherals and wearable technology.Companies excluded in Consumer Electronics E-Commerce
Companies selling beauty care appliances and tools are not included. Offline companies selling electronic products are not included.Top Consumer Electronics E-Commerce Companies in Saudi Arabia
There are more than 134 companies in Consumer Electronics E-Commerce in Saudi Arabia. eXtra is the top Consumer Electronics E-Commerce company in Saudi Arabia, ranked using Tracxn Score (what's this?).
Here are 5 of the top Consumer Electronics E-Commerce companies in Saudi Arabia:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Online retail platform offering smart electronic gadgets and accessories | Khobar (Saudi Arabia) | 2003 | Public | - | |
Online platform offering gaming accessories | 2022 | Unfunded | - | ||
Online retailer offering multi-category consumer electronic products | Riyadh (Saudi Arabia) | 2011 | Unfunded | - | |
Online marketplace platform offering pre-used electronic products | - | Series A | $22M | ||
Online platform offering multi-category consumer electronic products | Riyadh (Saudi Arabia) | - | Unfunded | - |
Companies founded year-on-year in the Consumer Electronics E-Commerce sector in Saudi Arabia
20 Consumer Electronics E-Commerce startups in Saudi Arabia were founded in 2023 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 1 |
2023 | 20 |
2022 | 14 |
2021 | 20 |
2020 | 13 |
2019 | 17 |
2018 | 10 |
2017 | 1 |
Stage-wise distribution of Consumer Electronics E-Commerce sector companies in Saudi Arabia
Out of the total 134 Consumer Electronics E-Commerce companies in Saudi Arabia, 3 have secured funding. Among them, 2 have reached Series A or higher, and 1 to Series B or beyond.
Founded - 134
Funded - 3
Series A+ - 2
Series B+ - 1
Series C+ - 1
Company Stage | No. of companies |
|---|---|
Founded | 134 |
Funded | 3 |
Series A+ | 2 |
Series B+ | 1 |
Series C+ | 1 |
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Funding Trends in the Consumer Electronics E-Commerce sector in Saudi Arabia
Total funding year-on-year in the Consumer Electronics E-Commerce sector in Saudi Arabia
The Consumer Electronics E-Commerce sector in Saudi Arabia saw a total funding of more than $31.5M in the last 10 years. The most amount of funding was in 2023 at more than $18M.
- Total Funding
Year | Total Funding |
|---|---|
2023 | $18M |
2022 | $4M |
2021 | $9.5M |
Recent Funding Rounds in Consumer Electronics E-Commerce in Saudi Arabia
In the year 2023, till December 2023, Consumer Electronics E-Commerce companies in Saudi Arabia have raised $18M in equity funding across 1 round.
In the same period last year (i.e. till March 2022), Consumer Electronics E-Commerce companies in Saudi Arabia had raised $4M across 1 round.
So, 2023 has seen a 350% rise in funding in Consumer Electronics E-Commerce companies in Saudi Arabia as compared to 2022.
Here are some recent, important funding rounds in Consumer Electronics E-Commerce companies in Saudi Arabia:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 6000 | Dec 20, 2023 | ||
Seed | 9379 | Mar 14, 2022 | and 3 more | |
Series A | 9871 | Feb 04, 2021 |
Top Investors in Consumer Electronics E-Commerce in Saudi Arabia
Khwarizmi Ventures is the top investor in Consumer Electronics E-Commerce companies in Saudi Arabia based on number of companies invested.
Here are some top investors in Consumer Electronics E-Commerce companies in Saudi Arabia:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Riyadh (Saudi Arabia) | ||
Riyadh (Saudi Arabia) | - | |
New York City (United States) | - | |
London (United Kingdom) | - | |
Riyadh (Saudi Arabia) | - |
IPOs in Consumer Electronics E-Commerce in Saudi Arabia
In the year 2012, till January 2012, 1 IPO happened in Consumer Electronics E-Commerce sector in Saudi Arabia.
Here are some recent, important IPOs in Consumer Electronics E-Commerce sector in Saudi Arabia:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Jan 19, 2012 | Saudi Stock Exchange (TADAWUL) |
Top News in Consumer Electronics E-Commerce in Saudi Arabia
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