E-commerce roll-up play Opontia launched in June, raising $20 million in debt and equity to acquire older, small e-commerce brands in the Middle East and Africa. Today, the company confirmed to TechCr
With the pandemic turning us into delivery experts, consumers have also switched on to meal kits in droves, given that it combines both delivery and home cooking. But many meal kits can be inflexible.
Amazon today said it would make a bid to acquire Whole Foods for $13.7 billion, making it the largest acquisition for the company by far. The next-closest acquisition in price is $1.2 billion for Zapp
Amazon today confirmed that it has acquired Souq.com, an e-commerce marketplace serving the Middle East based out of Dubai, which was already commonly described as “the Amazon of the Middle Ea
Amazon buys Souq, the "Amazon of the Middle East," Apple acquires Workflow, Instagram blurs sensitive photos and adds two-factor authorization while Facebook rolls out mention alerts and reaction emoj
Amazon continues its march across the globe, and one of its newest targets is the Middle East. According to multiple reports that we have confirmed with our own sources, the e-commerce giant has acqui
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 marketpla