Souq.com
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File:Souq Logo.png
Souq.com Logo.
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| Type | Private |
|---|---|
| Founded | 2005 |
| Headquarters | Dubai, UAE |
| Area served | Middle East |
| Founder(s) | Ronaldo Mouchawar |
| Industry | Internet |
| Services | E-commerce (Online shopping) |
| Employees | 2500+ |
| Website | www |
| Alexa rank |  433 (February 2016[update])[1] |
Souq.com is an English-Arabic language e-commerce platform, often described as the Amazon of the Middle East.[2] It is the largest e-commerce platform in the Arab world.[3] Souq.com attracts over 24 million unique visits per month and is fast growing as more consumers shop online in the Arab world.[3] The website was founded by Ronaldo Mouchawar in 2005 as an auction site linked to internet portal Maktoob.[4] In 2011 Souq.com changed its model to an online shopping site similar to Amazon with a marketplace and retail items for sale on its platform. As of 2014, Souq.com had raised $150 million, the largest amount raised by any internet-based business in the Middle East.[5] The company is backed by Tiger Global Management.[6]
The site currently delivers to the United Arab Emirates, Saudi Arabia, Kuwait, Egypt, Bahrain, Oman, and Qatar. It has semi-automated modern fulfillment centers in the United Arab Emirates, Saudi Arabia, Kuwait, and Egypt, measuring a total of 35,000 square feet. The company currently employs around 2,500 employees in engineering, retail, customer support, fulfillment and last mile delivery sections .[7]
References
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ http://www.inc.com/laura-montini/meet-souq-the-e-commerce-giant-of-the-middle-east.html
- ↑ 3.0 3.1 Lua error in package.lua at line 80: module 'strict' not found.
- ↑ http://www.arabianbusiness.com/ronaldo-mouchawar-how-i-created-souq-com-545057.html
- ↑ http://www.arabianbusiness.com/dubai-s-souq-com-secures-75m-funding-boost-543653.html#.Vh0yLbzsOn8
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
- ↑ Lua error in package.lua at line 80: module 'strict' not found.
External links
- No URL found. Please specify a URL here or add one to Wikidata.
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