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Amazon to buy largest Mid-East e-retailer Souq.com
Published Tue, Mar 28, 2017 · 09:50 PM
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Dubai
AMAZON will acquire the Middle East's largest online retailer Souq.com, the two companies said in a statement on Tuesday without disclosing the value of the deal.
The announcement comes a day after Dubai-based Emaar Malls confirmed offering US$800 million to acquire Souq.com.
Amazon had walked away from talks with Souq.com earlier this year, but it reportedly came back with an offe…
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