KSA-based Ygii raised a Pre-SEED led by Flat6Labs with participation from a group of angel investors. Ygii is a social commerce platform that enables users to create and share wish lists with friends and family.
With this new investment, the company says it is well-positioned to continue its growth trajectory, which will be used to further develop its technology and strengthen its revenue streams. As this industry grows and matures, we believe Ygii will play a critical role in shaping its future.” According to Accenture, the social commerce sector will be worth $1.2 trillion by 2025.
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