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LIVSHO Secures SAR75,000 Grant from Misk Foundation

Rasmal Press RoombyRasmal Press Room
September 16, 2024
in Funding, News
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LIVSHO
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  • ​LIVSHO has secured a SAR75,000 grant from the Misk Foundation to further enhance its live shopping platform.​
  • The funding will be utilized to develop new features and improve user engagement within the platform.
  • LIVSHO aims to revolutionize social commerce by providing real-time interactions and personalized shopping experiences.

LIVSHO, the innovative live shopping platform, has announced the receipt of a SAR75,000 grant from the Misk Foundation, a leading initiative aimed at empowering young entrepreneurs and fostering innovation in Saudi Arabia. Founded on January 1, 2024, LIVSHO offers users a unique and interactive shopping experience, blending social commerce with dynamic video streaming.

This grant is expected to significantly enhance LIVSHO’s mission to revolutionize modern retail through technology and engagement. The founders, Abdullatif Alzaeem and Youcef Houssem, expressed their gratitude for the support from the Misk Foundation, emphasizing that this funding will facilitate the development of new features and services that cater to the needs of today’s savvy shoppers.

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The platform connects buyers and sellers in real-time, enabling a vibrant shopping community where users can participate in live events, interact with beauty experts, and purchase trending products before they sell out. LIVSHO caters to a diverse audience, focusing on beauty and wellness products, which has gained the attention and appreciation of its users. Many have praised the platform for its authenticity, product selection, and engaging competition formats.

With plans to enhance customer personalization and expand its product offerings, LIVSHO aims to solidify its presence in the e-commerce market across the Middle East and beyond. This infusion of funds will also allow for continued improvements to the app, ensuring a smooth and user-friendly experience.

As LIVSHO celebrates this milestone, it continues to innovate and adapt, demonstrating a commitment to its users and the broader retail landscape. The support from the Misk Foundation is not only a recognition of LIVSHO’s potential but also an encouragement for the company to continue its progress in transforming the shopping experience into an engaging social event.


Follow us on Instagram, LinkedIn, and Twitter for startup & business news and inspiring stories of MENA businesses, entrepreneurs, startups, innovators, investors, and change-makers.

To report any issue or error in the story, please email us editor [at] rasmal [dot] com.

Last Updated on September 16, 2024 by Safiya K

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Rasmal Press Room

Rasmal Press Room

Rasmal Press Room brings you press releases and updates from a wide array of startups, businesses and tech industries in the MENA region. This section features content directly from industry leaders and organizations, providing our readers with up-to-date information on the latest news and trends. Please note that these articles are sourced externally and may not represent Rasmal's editorial perspective.

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