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Monday, 29 February 2016

Souq, Amazon Of The Middle East, Raises $275M From Tiger And More, Reported $1B Valuation


Souq.com E-commerce giants with ambitions to build regional Amazon rivals in emerging markets continue to rake in huge amounts of funding. Today, comes the latest development: Souq — an online marketplace that has been described as the Amazon of the Middle East — has announced that it has closed a funding round of over $275 million (AED 1 billion). Bloomberg reported earlier this month… Read More via Twitter
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