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Souq.com is now part of Amazon.com. What benefits consumers can expect from this acquisition and would it boost e-commerce in the region?

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Question added by Karym Bentebbal , Open for an opportunity to bring onboard a wealth of experience and a positive attitude , Private Company
Date Posted: 2017/03/29
Senthil K
by Senthil K , DIGITAL MARKETING MANAGER , Informa Middle East

Amazon will definitely transform the way we purchase. You can definitely expect a lot of brick & mortar shops to shut down, atleast here in the UAE they would give major retailers a run for their money.

Amazon has dominated the west and the east, now the region which is still in its ecommerce infancy would be the Middle East. Currently the ecommerce market is fragmented, Souq was the biggest player acquiring them has already gotten Amazon 50% market share in online shopping here.

Nadia Al Ali
by Nadia Al Ali , Ofice Manager , Automated System Company

Souq.com will be more trusted online shopping site. I said so, because I had  a bad experience. the other benefit Amazon will give more description on items they sell.

 

   

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