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March 28, 2017 08:43 am GMT
Amazon today confirmedthat it has acquired Souq.com, an e-commerce marketplace serving the Middle East based out of Dubai, which was already commonlydescribed as “the Amazon of the Middle East.” We had reported last week that the companies had already reached an agreement and that “the ink [was] dry” on a deal that was valued at around$650 million. Amazon today… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/UoybMM-qMQc/
Amazon confirms acquisition of Souq, marking its move into the Middle East
Amazon today confirmedthat it has acquired Souq.com, an e-commerce marketplace serving the Middle East based out of Dubai, which was already commonlydescribed as “the Amazon of the Middle East.” We had reported last week that the companies had already reached an agreement and that “the ink [was] dry” on a deal that was valued at around$650 million. Amazon today… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/UoybMM-qMQc/
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