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Amazon Reaches Deal To Acquire Souq.com

Amazon has reached an agreement to acquire Middle-East based online retailer – Souq.com for an undisclosed amount. Despite initially walking out on the deal, the US-based retailing giant restarted takeover talks in time to thwart the eleventh-hour efforts of fellow Emirati-based Company – Emaar Malls.‎ According to inside knowledge, Amazon shelled out between $600 – […]