ABU DHABI/WAM UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has issued a …
Read More »Amazon wins battle to buy Souq.com
Bloomberg Amazon.com Inc. has won the battle to acquire Dubai-based online retailer Souq.com, after walking away from a deal earlier this year. The US e-commerce giant trumped an offer from Emaar Malls PJSC, operator of the world’s biggest shopping center, which bid $800 million for Souq.com. Terms of the agreement were not disclosed in a joint statement from Amazon …
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