Soum Email Format
Internet Marketplace PlatformsRiyadh, Saudi Arabia51-200 Employees
Soum is an Internet marketplace platform based in Riyadh, Saudi Arabia, focused on serving the MENA region. It began with second-hand electronics in the Kingdom and has since expanded to used cars and collectibles, with activity across more than 150 locations. All transactions are guaranteed through Soum's fulfillment and payment systems, which hold funds until the item is delivered and confirmed by the buyer. The platform serves individuals, small businesses, and telecom and retail partners, offering home pickup and delivery, secure payments, and a dedicated Merchant App as well as bulk-selling options. It uses AI to enable personalized recommendations, dynamic pricing, predictive analytics, and fraud detection to enhance safety and efficiency. Based in Riyadh, it has a regional footprint and notable engagement, with more than 5 million app downloads and about 10,000 active listings at any given time, reflecting hundreds of thousands of transactions.