Souq (company)
English-Arabic language e-commerce platform / From Wikipedia, the free encyclopedia
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Souq.com was the largest e-commerce platform in the Arab world. The company launched in 2005 in Dubai, United Arab Emirates.[2] On March 28, 2017, Amazon.com Inc. acquired Souq.com for $580 million as a subsidiary.[3][4] On May 1, 2019, Souq.com UAE became known as Amazon.ae,[5] while on June 17, 2020, Souq.com KSA became known as Amazon.sa.[6] On September 1, 2021, Souq.com Egypt became known as Amazon.eg, marking the end of Souq.com.
Quick Facts Type of business, Founded ...
Type of business | Subsidiary |
---|---|
Founded | October 25, 2005; 18 years ago (2005-10-25) |
Dissolved | September 1, 2021; 2 years ago (2021-09-01) |
Headquarters | Dubai, UAE |
Area served | Middle East |
Founder(s) | Ronaldo Mouchawar |
Key people | Ronaldo Mouchawar (CEO) Asif Keshodia (Group CFO) Wisam Daoud (CTO/COO) |
Industry | Internet |
Services | E-commerce (online shopping) |
Employees | 3,000 |
Parent | |
URL | www |
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