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Souq Is All Set To Make Way For Amazon.ae. Here’s What You Should Know

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Founded by Ronaldo Mouchawar and Samih Toukan back in 2005, Souq.com, has grown to become one of the largest online marketplaces in the Arab world. But now, the domain, acquired by Amazon in 2017 for $580 million, is all set to make way for Amazon.ae. In fact, it has been learnt that Amazon is promoting a single eCommerce brand and backend system in the middle east. And not just that, the eRetail giant is now encouraging the sellers from the US to contemplate expansion in the UAE as well as Saudi Arabia. While Souq will be missed for sure, you, as a seller have a lot to gain, once you move your store to the eRetail giant, and begin to sell on Amazon UAE. But before that happens, it’s imperative that you get to know all about the Souq-Amazon.ae shift. Here’s a sneak peek:

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