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Souq.com was the largest e-commerce platform in the Arab world. The company launched in 2005 in Dubai, United Arab Emirates. On March 28, 2017, Amazon.com Inc. acquired Souq.com for $580 million as a subsidiary. On May 1, 2019, Souq.com UAE became known as Amazon.ae, while on June 17, 2020, Souq.com KSA became known as Amazon.sa.
Amazon.ae brings together Souq’s local know-how and Amazon’s global expertise, something we believe will be of significant benefit to UAE customers. Our combined team in the region has grown to over 3,600 employees.
Souq.com is an Amazon Company, the largest e-commerce site in the Arab world. Every month, Souq.com attracts over 45million customers keen to discover our catalogue which includes more than 9.5 million unique products in 35 different categories.
Established in 2005, Souq.com today operates both as an award-winning retail business and an online marketplace that allows SMEs, merchants, brands and distributors to distribute their products...
Information on acquisition, funding, cap tables, investors, and executives for Souq. Use the PitchBook Platform to explore the full profile.
The largest e-commerce provider in the Middle East today, Souq operates in seven countries representing more than 135 million people—and it was recently acquired by Amazon.
Mar 22, 2017 · Amazon has agreed to buy Middle Eastern online retailer Souq.com in a deal worth more than $650m that will shake up the region’s small but fast-growing ecommerce sector.
May 1, 2019 · UAE customers who previously shopped on Souq can now shop on Amazon.ae by using the Amazon App or by visiting the Amazon.ae website. Amazon.ae features millions of local and international products, great prices, fast delivery, and world class customer service.
Mar 28, 2017 · SOUQ.com is the largest online retail and marketplace platform in the Arab world, featuring more than 8.4 million products across 31 categories such as consumer electronics, fashion, health and beauty, household goods, and baby. Today, SOUQ.com attracts over 45 million visits per month, with localized operations in the KSA, UAE and Egypt.
Mar 28, 2017 · It's official: Amazon to acquire Souq. Souq.com is the region's largest online retailer and was hailed as its first unicorn, a company with a valuation of at least $1 billion. By Staff...
