Amazon Takes a Gamble on Middle Eastern E-Commerce - New York Times

Amazon Takes a Gamble on Middle Eastern E-Commerce - New York Times

Amazon Takes a Gamble on Middle Eastern E-Commerce New York Times The Seattle-based company is paying less than $1 billion for Souq.com, a Middle Eastern e-commerce upstart. Amazon gets a low-cost toehold in a region that is hard to conquer. That said, overseas buyers have a history of regretting purchases of shiny ... and more »