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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.
The company launched in 2005 in Dubai, United Arab Emirates and served multiple areas across the Middle East. [143] On March 28, 2017, Amazon acquired Souq.com for $580 million. [144] The company was re-branded as Amazon and its infrastructure was used to expand Amazon's online platform in the Middle East. [145]
Souq.com. Ronaldo Mouchawar (Arabic: رونالدو محشور), is a Syrian entrepreneur. In 2005, he co-founded Souq.com, the largest e-commerce retailer in the Arab World, making the e-commerce retailer the region's first unicorn. [1] When Amazon acquired Souq in 2017, Mouchewar became vice president of Amazon Middle East and North Africa. [2]
Amazon Marketplace. Amazon Marketplace is an e-commerce platform owned and operated by Amazon that enables third-party sellers to sell new or used products directly to consumers on a fixed-price online marketplace alongside Amazon's regular offerings. Using Amazon Marketplace, third-party sellers gain access to Amazon's customer base, and ...
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered, pay-as-you-go basis. Clients will often use this in combination with autoscaling (a process that allows a client to use more computing in times of high application usage ...
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On February 14, 2019, Amazon canceled its plan for the HQ2 location in New York City. Amazon is also in the process of building a retail hub of operations center in Nashville, Tennessee. On August 21, 2019, Amazon opened its largest campus in the world at Nanakramguda in Hyderabad, India. It is the first Amazon-owned campus located outside the ...
Jeff Bezos. Jeffrey Preston Bezos (/ ˈbeɪzoʊs / BAY-zohss; [2] né Jorgensen; born January 12, 1964) is an American business magnate and oligarch best known as the founder, executive chairman, and former president and CEO of Amazon, the world's largest e-commerce and cloud computing company. He is the second wealthiest person in the world ...
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