PYMNTS’ Daily Data Dive: The Amazon Scoop

By  |  March 29, 2017
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Amazon’s quest to become the ultimate eCommerce site is well under way. Lately, Amazon has taken actions to move itself further along this path.

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    Today alone there are three new developments from the online retail giant. In addition to Amazon Web Services launching its self-serve cloud-based contact center, AmazonFresh has enabled a pickup option for pre-selected grocery items.

    Amazon also announced its acquisition of Dubai-based online retailer Souq.com to further expand its offerings overseas.

    Here are the acquisition numbers:

    $1 billion | Amount Amazon was willing to spend to widen its reach in the United Arab Emirates area

    $650 million | Amount of Amazon’s actual offer

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    $275 million | Souq.com’s March 2016 round of funding

    8.5 million | Approximate number of items on Souq.com’s website

    50 million | Number of monthly visits to Amazon


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