Souq.com
Noon.com Triggers Saudi E-Commerce Race
Noon.com's launch in Saudi Arabia, where online sales are expected to reach $13.9 billion by 2021, has sparked a race for e-commerce dominance.
Amazon Wins Battle to Buy Souq.com
The US e-commerce giant trumped an offer from Emaar Malls PJSC, the operator of the world’s biggest shopping centre, which bid $800 million for Souq.com.
Report: Emaar Malls Challenges Amazon for Souq.com
The retail division of Emaar Properties PJSC, run by Mohamed Alabbar, is believed to have offered about $800 million for Souq.com last week.
Report: Amazon to Buy Middle East's Souq.com
Souq.com, which sells consumer electronics, fashion, household items and other goods, is one of the most high-profile names in the Middle East's online shopping market.
LVMH to Launch E-Commerce, Amazon Resumes Souq.com Talks
This week, LVMH is reported to be positioning itself as a competitor to Net-a-Porter, while sources say negotiations for Amazon's $650 million acquisition of Souq.com have restarted, and more...