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Amazon Completes Acquisition of Souq.com

Amazon Completes Acquisition of Souq.com

Online retail giant Amazon completed on Monday the acquisition of Dubai-based Souq.com, the largest online retailer in the Middle East, around three months after the deal between the two sides was signed. In a joint statement, the two retailers said that Amazon...
Amazon Acquires Souq.com

Amazon Acquires Souq.com

Dubai – Amazon completed on Tuesday its acquisition of Souq.com, the Middle East’s largest online retailer. A joint statement revealed that the agreement brings Amazon into a fast-growing market as it expands into a wide range of services. The deal’s...
Emaar Malls Challenges Amazon to Buy Souq.com

Emaar Malls Challenges Amazon to Buy Souq.com

Dubai- Emaar Malls, the shopping-center unit of Dubai’s biggest publicly traded property developer, made a bid for online retailer Souq.com seeking to challenge an existing offer from Amazon.com Inc., according to sources familiar with the matter. Amazon restarted...