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New Owner

Amazon - Souq.com

Amazon acquires Souq.com

Announced: March 27, 2017
Closed:        July 03, 2017

Type:           Acquisition
Disposition: Separate Entity
Terms:         Cash
Status:         Complete

Amount:       $ 580,000,000

Acquisition News

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Date Title
Jul 03, 2017 TechCrunch - Amazon completes its acquisition of Middle Eastern e-commerce firm Souq
Amazon completes its acquisition of Middle Eastern e-commerce firm Souq
Jul 03, 2017 GeekWire - Amazon completes $580M acquisition of Middle East e-commerce giant Souq.com
Amazon completes $580M acquisition of Middle East e-commerce giant Souq.com
Mar 28, 2017 TechCrunch - Amazon confirms acquisition of Souq, marking its move into the Middle East
Amazon confirms acquisition of Souq, marking its move into the Middle East
Mar 23, 2017 TechCrunch - Amazon to acquire Souq, a Middle East clone once valued at $1B, for $650M
Amazon to acquire Souq, a Middle East clone once valued at $1B, for $650M

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