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February 29, 2016 08:12 am GMT
E-commerce giants with ambitions to build regional Amazon rivals in emerging markets continue to rake in huge amounts of funding. Today, comes the latest development: Souq— an online marketplace that has been described as the Amazon of the Middle East — has announced that it has closed a funding round of over $275 million (AED 1 billion). Bloomberg reported earlier this month… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/oCaTWF3p5n8/
Souq, Amazon Of The Middle East, Raises $275M From Tiger And More, Reported $1B Valuation
E-commerce giants with ambitions to build regional Amazon rivals in emerging markets continue to rake in huge amounts of funding. Today, comes the latest development: Souq— an online marketplace that has been described as the Amazon of the Middle East — has announced that it has closed a funding round of over $275 million (AED 1 billion). Bloomberg reported earlier this month… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/oCaTWF3p5n8/
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