March 27, 2017
Amazon’s Bid for Dubai’s Souq.com Faces A Challenger
Amazon may be facing a big contender in its efforts to strike a deal to purchase Dubai-based online retailer Souq.com. Just last week, it was reported by Reuters, citing sources...
March 23, 2017
Amazon Acquires All Of Souq.com The Middle East eCommerce Company
Amazon.com has reportedly inked a deal to buy Souq.com, the Dubai online retailer, reported Reuters. Citing sources familiar with the deal, Reuters reported Amazon is purchasing 100 percent of Souq.com....
March 14, 2017
Amazon Tracker: Busy Week
Amazon stock (AMZN) looks to be back on an upward track after a bit of a down note in the first week of March. Since Tuesday of last week, AMZN...
March 10, 2017
Amazon Restarts Talks With Souq.com About Acquisition
eCommerce giant Amazon is reportedly back in acquisition discussions with Souq.com, the Middle Eastern online retailer. According to a report, sources told Bloomberg discussions between the two reignited over the...
January 26, 2017
Tech Center: Dubai Takes A Front Row Seat To FinTech...
Dubai’s startup and tech scene has come a long way in the past three decades — the city is now a major business center in the Middle East, attracting investors...
January 19, 2017
Amazon Tracker: Souq Talks Go South
Amazon stock got a little boost after last week’s tracker was written, moving from trading between the 790s and the 800s in the second week of January to break through...
December 01, 2016
Unicorns Impacted By Indian Notes Change
Turns out the cash crunch in India is having far enough reaching effects that it is bringing even some unicorns down to earth in that country. The big three of...
November 28, 2016
Amazon In $1 Billion Deal Talks To Buy Souq.com
Amazon is reportedly in discussions to acquire Souq.com FZ, the Dubai online retailer. According to a report by Bloomberg, talks are focused on Amazon paying around $1 billion to gain access to...
September 02, 2016
End-Of-Summer Investments Keep B2B Startups Growing
With more than $83 million in venture capital and growth equity for B2B startups this week, the space is headed for a promising second half of the year. Investors spread...