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The company launched in 2005 in Dubai, United Arab Emirates and served multiple areas across the Middle East. [140] On March 28, 2017, Amazon acquired Souq.com for $580 million. [141] The company was re-branded as Amazon and its infrastructure was used to expand Amazon's online platform in the Middle East. [142]
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Amazon (2017–2021) [1] URL. www .souq .com. 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.
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