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The majority of deal-of-the-day sites work directly with local businesses and online retailers to develop deals significantly discounted compared to recommended retail prices. Using a group buying formula, a minimum and maximum number of deals are made available. Typically, deal of the day sites segment merchandise by specific designer sales.
The website was founded in 2005 [7] [8] by Ronaldo Mouchawar and was originally a consumer-to-consumer auction site part of Maktoob Group. [9] In 2010, Wisam (Sam) Daoud joined Souq from eBay as Chief Technology Officer and led the transformation of the business from auctions to a fixed price catalog based business similar to Amazon.com. [10]
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Dragon Mart (Arabic: سوق التنين) is a set of two adjacent shopping malls in Dubai International City, a suburb of Dubai, United Arab Emirates. [1] [2] Dragon Mart is 1.2 kilometre long and is the "largest Chinese retail trading hub outside mainland China". [3] It is includes the largest concentration of Chinese businesses in the UAE. [4]
Mohamed Ali Alabbar (Arabic: محمد على العبار; born November 8, 1956) is an Emirati businessman known for founding Emaar Properties, a real estate development company involved in projects such as the Burj Khalifa and the Dubai Mall. He is also the founder and chairman of Eagle Hills, a private investment and real estate development ...
Mall of the Emirates (Arabic: مول الإمارات) is a shopping mall in Dubai.Developed and owned by Majid Al Futtaim Group, it opened in November 2005 and is located at interchange four on Sheikh Zayed Road.
Except for the many organizations now operating in Dubai's Media Free Zone, most TV and radio stations remain government-owned; widespread use of satellite dishes provides access to pan-Arab and other international broadcasts (2007) [3] Radio has been around for more than 60 years in the UAE.
The company launched in 2005 in Dubai, United Arab Emirates and served multiple areas across the Middle East. [148] On March 28, 2017, Amazon acquired Souq.com for $580 million. [149] The company was re-branded as Amazon and its infrastructure was used to expand Amazon's online platform in the Middle East. [150]
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