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Category: Amazon

Amazon in talks to buy Souq.com for $1bn

Amazon in talks to buy Souq.com for $1bn

Posted on November 24, 2016 by Deal Souq

Amazon.com Inc is reportedly in talks to acquire Dubai-based online retailer Souq.com for about $1 billion, it was reported on Thursday. Bloomberg reported that the deal will give the US-based e-commerce giant a footprint in the high-growth Middle East market, citing people familiar with the matter. It said Amazon is considering a bid for all Read More

Posted in Amazon, eCommerce in UAE, Souq Tagged souq.com

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