Souq.com
edit

Souq.com is the largest e-commerce site in the Arab world, featuring more than 200,000 products across categories such as consumer electronics, fashion, household goods, watches or perfumes. Today Souq.com attracts over 8 million visits per month and is fast growing as more consumers shop online in the Arab world.

Often tagged as the “Amazon of the Middle East”, Souq.com operates both as a retail site and as a marketplace for third party sellers. It offers a convenient and safe online shopping experience with online payments, option to pay cash on delivery and free returns.

Established in 2005, Souq.com pioneered online shopping in the region as an auction site linked to the Arab internet portal Maktoob. When Yahoo! acquired Maktoob in August 2009, Souq.com was not included in the sale and was spun off as part of Jabbar Internet Group. The site then switched to a marketplace with a fixed price model in early 2011, and then launched its retail division late 2011.

Headquartered in Dubai, UAE, Souq.com caters to the needs of local markets with commercial offices in Egypt, Kingdom of Saudi Arabia and Kuwait, and a technical and development center in Jordan.

Recent Milestones
edit

Souq.com — Souq.com launches Souq Fashion (10/15/12)

Posted 10/28/12 at 10:22pm via wamda.com
Souq.com acquired Sukar. (4/29/12)

Posted 10/28/12 at 10:08pm via wamda.com
Souq.com invested in Run2Sport. (2/7/12)

Posted 10/28/12 at 10:41pm via arabnet.me
Souq.com — Souq.com announces move into retail (10/1/11)

Posted 10/28/12 at 10:22pm via thenational.ae
Souq.com — Souq.com launches operations in Kuwait (5/18/11)

Posted 10/28/12 at 10:22pm
Souq.com — Souq.com ends the auction model and transitions to fixed price only transactions (1/1/11)

Posted 10/28/12 at 10:22pm
Souq.com — Souq.com launches operations in Egypt (4/12/10)

Posted 10/28/12 at 10:22pm
Souq.com — Maktoob founder launches $20 million tech firm (8/25/09)

Posted 10/28/12 at 10:22pm via jabbar.com
Souq.com — Yahoo! Acquires Arab Internet Portal Maktoob, Souq.com not included in the sale and spun off as part of Jabbar Internet Group (8/25/09)

Posted 10/28/12 at 10:22pm via techcrunch.com
Souq.com — Souq.com launches in the Kingdom of Saudi Arabia (10/3/07)

Posted 10/28/12 at 10:22pm via jabbar.com
Souq.com added Ronaldo Mouchawar as Founder & CEO.

Posted 10/28/12 at 10:25pm