May 01, 2019
Amazon Rebrands Souq In Middle East Launch
Amazon has rebranded Souq.com, which it bought for $580 million in 2017, to Amazon.ae in a Middle East marketplace launch, according to CNBC. Souq.com will remain available in Saudi Arabia...
January 29, 2019
Amazon’s Middle East eCom Marketplace To Compete With Souq
Amazon’s next big bid for expansion will be in the Middle East, according to a report from CNBC. The online giant has apparently been contacting North American third-party sellers recently,...
January 14, 2019
Amazon
pymnts Profile: Amazon (NASDAQ: AMZN) Amazon.com, Inc., doing business as Amazon, is a multinational technology company focusing in e-commerce, cloud computing, and artificial intelligence in Seattle, Washington. Latest Amazon Delivery...
September 13, 2018
Amazon Global Store Launches In Saudi Arabia
Thanks in large part to Amazon‘s global reach, the world is getting more connected and seemingly smaller with Souq, an online retail and marketplace website in Saudi Arabia, which announced the...
April 23, 2018
Amazon Ramps Up Robotics Efforts
Amazon is working on a secret project codenamed “Vesta” to build a domestic robot. The endeavor is led by Gregg Zehr, who heads up Amazon’s Lab126, Bloomberg reported. While the...
April 06, 2018
After Meeting With Crowned Prince, Amazon To Add More Jobs...
After a meeting between Amazon CEO Jeff Bezos and the crown prince, Amazon is adding several jobs in Riyadh, Saudi Arabia. According to Bloomberg, Bezos and Saudi Arabia Crown Prince...
September 07, 2017
Amazon’s Souq ‘All In’ On Instant Delivery With Wing.ae Purchase
Dubai-based eCommerce marketplace Souq.com, which was acquired by retail giant Amazon this year, recently announced that it has acquired the Middle East startup technology firm Wing.ae. According to reports from...
August 28, 2017
Middle East Online Marketplace Slowly Taking Shape
eCommerce has become a natural part of life in many parts of the world, but that hasn’t been the case in the Middle East. Most of the region’s eCommerce traffic...
July 26, 2017
The Amazon Effect: How Retailers Are Impacted
Talking about retail and not mention Amazon these days is a difficult thing to do. Amazon seems to pop up in almost any conversation touching the topic. As such, it...