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Amazon completes its acquisition of Middle Eastern e-commerce firm Souq
TechCrunch Amazon has completed its acquisition of e-commerce firm Souq.com, which was first announced at the end of March and sees the U.S. retail giant enter the Middle Eastern market. Amazon paid $580 million in cash for Souq, according to filings. Bloomberg ... Amazon completes $580M acquisition of Middle East e-commerce giant Souq.com Amazon acquires Middle Eastern e-commerce platform Souq for $650 million Amazon Completes SOUQ Acquisition, Seeks to Empower Sellers with Technology |
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