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 E-commerce giants with ambitions to build regional Amazon rivals in emerging markets continue to rake in huge amounts of funding. Today, comes the latest development: Souq — an online marketplace that has been described as the Amazon of the Middle East — has announced that it has closed a funding round of over $275 million (AED 1 billion). Bloomberg reported earlier this month… Read More
http://techcrunch.com/2016/02/29/souq-amazon-of-the-middle-east-raises-275m-from-tiger-and-more-reported-1b-valuation/?ncid=rss
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