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| Type of business | Subsidiary |
|---|---|
| Founded | October 25, 2005 |
| Dissolved | September 1, 2021 |
| 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 |
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.
- ^ Lunden, Ingrid (March 28, 2017). "Amazon confirms acquisition of Souq, marking its move into the Middle East". TechCrunch. Retrieved April 3, 2017.
- ^ "Amazon reaches deal to acquire Middle East e-commerce site Souq.com". CNBC. 28 March 2017.
- ^ "Amazon 10-Q filing".
- ^ Montini, Laura (8 June 2015). "Meet Souq, the Amazon of the Middle East". Inc.com. Retrieved 21 July 2016.
- ^ "Amazon officially launches in UAE, replaces Souq.com".
- ^ "Souq becomes Amazon.sa in Saudi Arabia". The National. 17 June 2020. Retrieved 2020-06-21.
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