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Amazon Paid More Than $650 Million for Middle Eastern E-Commerce Site Souq
TheStreet.com Amazon (AMZN) agreed to buy 100% of the United Arab Emirates e-commerce site Souq for a sum between $650 million and $750 million in a deal that Goldman Sachs (GS) helped put together, two people familiar with the matter told the Financial Times. Is the Middle East Amazon's Next Big E-commerce Target? Amazon to buy e-commerce site Souq Amazon quietly acquires Dubai e-commerce company |
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