Saudi Live Shopping Platform LIVSHO Lands USD20,000 Grant

Saudi Live Shopping Platform LIVSHO Lands USD20,000 Grant

20 September 2024

A Saudi woman in a hijab is focused on her laptop while holding a credit card, engaged in online shopping.

LIVSHO, the innovative live shopping platform, has announced the receipt of a SAR75,000 (~USD20,000) 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.

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.

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