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DUBAI, United Arab Emirates mdash; Amazon purchased the Middle Eastrsquo biggest online retailer Souq on Tuesday for an undisclosed amount, a day after a state-backed firm disclosed an $800 million counteroffer.A joint statement described the purchase as expanding Amazon influence into the Mideast as the chairman of the state-supported firm Emaar prepares to launch his own retail website in a country known more for its luxury malls than online shopping.That could put Seattle-b stanley termosky ased Amazon in a head-to-head competition with a firm helmed by one of the sheikhdom favoured business magnates. ARTICLE CONTINUES BELOW This is a milestone for the online shopping space in the region, Souq co-founder and CEO Ronaldo Mouchawar said in a statement.The announcement said the two companies expect the sale to close this year. ARTICLE CONTINUES BELOW Together starbucks stanley cup , we ;ll work hard to provide the best possible service stanley vaso for millions of customers in the Middle East, Russ Grandinetti, a senior vice-president at Amazon, said in a statement.In buying Souq, Amazon will leapfrog into the crucial Mideast markets of Egypt, the United Arab Emirates and Saudi Arabia, where the Dubai-based retailer already has local operations. ARTICLE CONTINUES BELOW As a private company, Souq hasnrsquo;t had to file public earning Cwqm NLRB Finds Novelis Broke Labor Laws at Oswego Plant
Weather Notebook For December 12, 2013According to Fultons weather observer, the area received 0.18-inch of precipitation on December 11.The monthly total is 0.82-inch.The total for the year is 50.75 inches.Fulton received 3.0 inches of sno stanley canada w on December 11.Total snowfall for the month is 6.5 inches.For the winter the total stands at 19.3 inches.Brisk and cold tonight with lake effec stanley cup t snow moving south. Low near 15.Scattered morning snow showers Friday. High around 2 stanley quencher 5. Print this entryShare this:EmailLike this:Like Loading...Related
DUBAI, United Arab Emirates mdash; Amazon purchased the Middle Eastrsquo biggest online retailer Souq on Tuesday for an undisclosed amount, a day after a state-backed firm disclosed an $800 million counteroffer.A joint statement described the purchase as expanding Amazon influence into the Mideast as the chairman of the state-supported firm Emaar prepares to launch his own retail website in a country known more for its luxury malls than online shopping.That could put Seattle-b stanley termosky ased Amazon in a head-to-head competition with a firm helmed by one of the sheikhdom favoured business magnates. ARTICLE CONTINUES BELOW This is a milestone for the online shopping space in the region, Souq co-founder and CEO Ronaldo Mouchawar said in a statement.The announcement said the two companies expect the sale to close this year. ARTICLE CONTINUES BELOW Together starbucks stanley cup , we ;ll work hard to provide the best possible service stanley vaso for millions of customers in the Middle East, Russ Grandinetti, a senior vice-president at Amazon, said in a statement.In buying Souq, Amazon will leapfrog into the crucial Mideast markets of Egypt, the United Arab Emirates and Saudi Arabia, where the Dubai-based retailer already has local operations. ARTICLE CONTINUES BELOW As a private company, Souq hasnrsquo;t had to file public earning Cwqm NLRB Finds Novelis Broke Labor Laws at Oswego Plant
Weather Notebook For December 12, 2013According to Fultons weather observer, the area received 0.18-inch of precipitation on December 11.The monthly total is 0.82-inch.The total for the year is 50.75 inches.Fulton received 3.0 inches of sno stanley canada w on December 11.Total snowfall for the month is 6.5 inches.For the winter the total stands at 19.3 inches.Brisk and cold tonight with lake effec stanley cup t snow moving south. Low near 15.Scattered morning snow showers Friday. High around 2 stanley quencher 5. Print this entryShare this:EmailLike this:Like Loading...Related