Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Dubai luxury ecommerce startup nets $550k pre-seed funding

Dubai-based startup Hushday has raised AED 2 million (US$550,000) in pre-seed funding to launch the first invitation-only premium flash sales platform in the Middle East.

The funding comes from regional tech investors as Hushday prepares for its UAE launch on May 2, 2025.

The platform will help luxury brands manage excess inventory while preserving brand integrity, offering curated sales events in a private setting.

Hushday operates on a mobile-first, referral-only model, with AI-driven recommendations and loyalty rewards to enhance customer experience.

The founding team includes CEO Jennifer Cohen Solal, COO Jean Thillaye du Boullay, and CTO Riad Djabri.

The company plans to expand into Saudi Arabia, Qatar, and Kuwait by 2026.

🔗 Source: Hushday


🧠 Food for thought

1️⃣ The GCC luxury market represents a counter-trend to global luxury slowdown

Hushday’s timing aligns with a significant divergence in global luxury market trends, where GCC growth outpaces other regions.

While the global luxury market faces a projected slowdown to just 1-3% growth from 2024 to 2027, the GCC luxury market is expected to more than double from USD 16.93 billion in 2024 to USD 37.55 billion by 2033, growing at 8.79% CAGR1.

The UAE in particular maintains a dominant position in regional luxury spending due to its combination of high-income residents and robust tourism infrastructure2.

This regional resilience explains why Hushday is positioning itself specifically as a “GCC-first model” rather than simply importing European concepts—they’re targeting a market that’s growing while traditional luxury strongholds like China face headwinds.

Flash sale models tend to thrive during economic uncertainty when both consumers and brands seek alternative channels, making Hushday’s timing strategic as global luxury recalibrates.

2️⃣ Regional e-commerce has matured beyond simple marketplace models

Hushday enters a market that has already experienced significant e-commerce evolution, building on the foundation established by regional pioneers.

Stay ahead in Asia’s tech landscape

You've reached your 2 free content limit for the month. Sign up for free to read the full story.

🏄 For casual readers / 👶 Free

Basic

US$0

Free forever

Get instant access to this article and more every month

0 premium content

Unlimited news briefs

5

5 articles

Ad-free reading experience

Just US$0 per day

⌛Sign up in 20s. No payment details needed.

📖 For learners / 👍 Starter

Lite

US$4.92/month

Billed annually at US$59/year

Get instant access to this article and more every month

4

4 premium content

Unlimited news briefs & articles

Ad-free reading experience

Just US$0.17 per day

Cancel anytime

Our subscriber community includes professionals from these companies:

Stay updated on the go with our mobile app.

Get latest insights with smoother, more personalized experience through TIA mobile app.