DUBAI / WAM Dubai Land Department (DLD) has announced the launch of Phase II of …
Read More »Amazon to walk away from $1bn Souq.com takeover talks
Bloomberg Amazon.com Inc. and India’s Flipkart Online Services Pvt have walked away from talks to acquire Dubai-based Souq.com after disagreeing over price, according to two people with knowledge of the matter. The e-commerce business is now seeking other potential investors and is negotiating with mall-operator Majid Al Futtaim, one of the people said, asking not to be identified as …
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