Wadi.com was based out of Dubai, they were an ecommerce startup that raised $30 million from Majid Al Futtaim, one of the biggest regional conglomerate that owns and operates shopping malls, hotels, and many other businesses across Middle East, Africa, and Asia.
According to Menabytes.com:
The company Started in 2015 by Rocket Internet, with a founding team of Pratik Gupta, Ankit Wadhwa & Kanwal Sarfaraz, Wadi from the very beginning focused on the Saudi market even though it was headquartered in the UAE. It worked for them and they went on to raise $67 million Series A (largest Series A in the region until today) in 2016 in a round that was led by Saudi’s Al Tayyar Travel Group. With this round, Wadi has now raised close to $100 million, which makes it one of the best-funded startups in the entire region.
In March of 2019 it was reported Wadi.com completely shut down their marketplace to focus on groceries.
The domain name was left to expire and closed at $33,833 at GoDaddy auctions. The name does mean Valley in Arabic Language.