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The Amazon/Souq acquisition took place back in 2017 but until now there has been no inkling Amazon was bringing its recognisable interface to the UAE market.
Until now.
The $580 million takeover wasn’t noticeable to users in the region until the beginning of 2019, when sellers were alerted by Souq.com that the seller side was merging.
It begins pic.twitter.com/RUbYvGtRKj
— Omar Kassim (@okassim) February 27, 2019
@okassim pic.twitter.com/gFT25fH4hB
— Zubair Rahman (@zubair_rahman92) February 27, 2019
The acquisition cost Amazon $580 million and for two years, the recognisable blue logo continued to dominate Souq.com. But from recent updates, it looks like Amazon may soon complete a full takeover of the Souq.com site.
Waving goodbye to an old friend like
Minimum custom amount to enter is AED 2
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