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Amazon Plans To Buy Middle East's Online Retailer Souq.com

March 22, 2017: 12:00 AM EST
Amazon.com Inc. plans to acquire Dubai-based online retailer Souq.com, one of the most popular internet retailers in the Middle East. Souq.com describes itself as the largest e-commerce website in the Arab world. Purchasing Souq.com would give Amazon access to the region, which is one of the world's fastest-expanding e-commerce markets.
Hadeel Al Sayegh et al., "Amazon to Buy Middle Eastern Online Retailer Souq.com: Sources", Reuters, March 22, 2017, © Reuters
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