Souq.com Raises $75 Million
Souq.com, a Mena-based ecommerce platform, has secured $75 million (Dh275.5m) in an additional round of funding from existing investor Naspers Limited, the firm announced in a media statement today. This round of funding brings the total amount raised by Souq.com to $150 million (Dh551m) – the largest...
Souq Appoints Susana Inarejos As Regional Head of Digital
Middle East online shopping destination Souq.com has announced the appointment of Regional Head of Digital, Susana Inarejos. In her role, Inarejos will be tasked with managing and steering the performance of the digital marketing mix at Souq.com, including search engine marketing, display advertising,...
e-Commerce In The Middle East: Countrywise Penetration, Consumer Habits, Popular Websites, Online Banking
Ipsos MENA had released interesting stats at a presentation done last week at ArabNet conference covering statistics related to e-commerce consumption habits in the region. Ipsos is the 3rd largest market research firm in the world with over 5000 clients worldwide and a direct presence in 85 countries....
Egypt’s First E-Commerce Training Program
Image by Rick Harris via Flickr, Creative Commons Attribution With 31 million Egyptians surfing and shopping online, EFE-Egypt and Arab E-commerce leader Souq are expanding Egypt’s first dedicated e-commerce training program to provide skilled young talent for a growing industry. Launched three years...
Where do women shop online in UAE
With the Internet transforming many aspects of life, it has also brought along opportunities to shop for goods and services online. Online shopping allows one to choose from the wide variety of goods that are available on the internet, which range from fashion, to gadgets, clothes, books and other household...
SOUQ.COM receives $40 million funding
UAE’s online retailer Souq.com announced that it has received a new round of funding from Nasper Limited a South Africa based media group. The investment amount was undisclosed, however the rumors are that the funding was approximately $40 million. Souq.com is funded by Jabbar Internet Group and Tiger...
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