AI is revolutionizing the online shopping experience, providing personalized recommendations, deal negotiations, and customer service. Both large retailers and small businesses are leveraging AI to enhance search capabilities, streamline supply chains, and optimize the checkout process.
The future of shopping may involve interacting with AI assistants, with businesses automating operations in the background to create a seamless experience for consumers.
Qeen.ai, based in Dubai and stylized as qeen.ai, is at the forefront of this transformation in the Middle East and beyond. The startup recently secured $10 million in funding to expand its platform, which offers autonomous AI agents tailored for e-commerce businesses.
Prosus Ventures, a prominent e-commerce investor, led the seed round, marking one of the largest investments in the AI sector in the Middle East and MENA region as a whole. Qeen.ai aims to empower merchants with AI-driven automation as their AI agents reshape the landscape of online marketplaces.
The founders of Qeen, including Morteza Ibrahimi (CEO), Ahmad Khwlieh (CTO), and Dina Alsamhan (CBO), bring a wealth of experience from their time at Google and DeepMind, where they honed their AI expertise.
Google and DeepMind Background
While e-commerce has been steadily growing, Qeen believes that there is room for further expansion by optimizing e-commerce processes. They emphasize the importance of focusing on product quality and operational efficiency rather than solely relying on advertising strategies.
The global e-commerce market is rapidly evolving, driven by shifts in consumer behavior, digital payment methods, and advancements in logistics. In the MENA region, the market is projected to reach $50 billion by 2025, with Saudi Arabia and the UAE leading the growth trajectory.
Qeen.ai is seizing the opportunity by developing AI-powered marketing agents specifically designed for e-commerce businesses in MENA. These autonomous agents handle various tasks such as content creation, marketing campaigns, and personalized sales interactions, empowering small and medium-sized merchants to compete effectively without the need for extensive advertising expertise.
Qeen’s AI technology continuously learns from consumer interactions using its proprietary RL-UI technology, allowing for real-time refinement of marketing strategies to deliver optimal results.
From Google Ads to AI-Driven E-Commerce
Qeen.ai stands out in the competitive landscape by focusing on the underserved Middle East market first before expanding globally. The company’s deep tech expertise and talented team, including co-founders with PhDs in AI and experience from DeepMind, give them a competitive edge in delivering AI-driven solutions.
With a subscription-based pricing model, Qeen offers content automation services and AI marketing agents that adapt pricing based on interaction volume, catering to the specific needs of e-commerce businesses.
Notable clients of Qeen.ai include Dubai Store, 6th Street, and Jumia, showcasing the company’s impact in the e-commerce sector.
Standing Out with Talent
Qeen.ai’s success can be attributed to its deep tech expertise and talented team, with a focus on attracting top AI talent from around the world to drive innovation and growth.
The recent seed funding of $10 million will further support Qeen’s growth strategy, enabling the company to expand its AI platform, scale its team, and attract more customers.
Qeen.ai currently employs over 25 professionals across the UAE and Jordan, showcasing its commitment to building a strong team to drive success in the e-commerce industry.
FAQs
What sets Qeen.ai apart from other AI-driven marketing solutions?
Qeen.ai differentiates itself by focusing on the Middle East market initially, offering tailored AI solutions for e-commerce businesses in the region.
How does Qeen.ai leverage AI technology to enhance e-commerce operations?
Qeen.ai’s AI agents continuously learn from consumer interactions, refining marketing strategies in real-time to deliver optimal results for merchants.
What pricing models does Qeen.ai offer for its AI services?
Qeen.ai provides subscription-based pricing for content automation and AI marketing agents, adapting pricing based on interaction volume to suit the needs of e-commerce businesses.
What are some notable clients of Qeen.ai?
Dubai Store, 6th Street, and Jumia are among the notable clients that have benefited from Qeen.ai’s AI-powered marketing solutions.
Credit: techcrunch.com
