Search results for "souq.com"

July 26, 2017
Report Claims Amazon Is ‘Set’ To Launch Services In Singapore

Amazon continues to expand internationally, with Tech Crunch reporting the company is getting set to launch its services in Singapore — officially marking the online retail giant’s entry into Southeast...


July 25, 2017
Noon And The Race For Middle Eastern eCommerce

Until fairly recently the Middle East was a rather underdeveloped region from an eCommerce point of view.  According to McKinsey, 50 million consumers are scattered across several countries in the...


July 05, 2017
Amazon To Open Robotics-Based Warehouse

Amazon continues to make strides in its innovative eCommerce business. The retail giant has shared news that it will be opening a robotics-based warehouse in South Florida in 2018. The...


July 05, 2017
Amazon Steps Further Into Middle Eastern Market

Amazon has officially completed its acquisition of Middle Eastern-based eCommerce firm Souq.com through a $580 million cash deal. Amazon announced its intention to acquire Souq.com in March. With this move,...


June 27, 2017
Jeff Bezos Says Amazon To Invest More In India

Jeff Bezos, the chief executive of Amazon, plans on continuing to invest in India in an effort to stay in lockstep with competitors who have been pouring billions of dollars...


April 03, 2017
Amazon’s Shares Flirted With New High Last Week Amid Bevy...

Amazon had a news-filled week last week culminating with shares flirting with a new high in trading Friday (March 31). According to a report, shares of the eCommerce giant were...


March 29, 2017
Amazon Secures Souq.com Acquisition

It’s official. After months of will they? won’t they? and a last-minute challenger bid, Amazon has closed an acquisition deal to buy 100 percent Dubai-based online retailer Souq.com. The deal...


March 29, 2017
PYMNTS’ Daily Data Dive: The Amazon Scoop

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. Today alone there are three new...


March 28, 2017
Amazon Tracker: Delays

After hitting what appears to be an all-time high of $861.74 during Tuesday morning trading last week, Amazon (AMZN) cooled off somewhat over the course of last week and into...