Partnership in the air: Signage is displayed outside an Amazon.com Inc Go grocery store in Seattle. Dubai billionaire Mohammed Alabbar and Amazon founder Jeff Bezos met in Dubai, leading to speculation of some sort of partnership for ecommerce firm Noon. – Bloomberg
Middle East company offers US$800mil for online retailer Souq.com
DUBAI: Dubai’s Emaar Malls, operator of glitzy Middle East shopping centres, has made an US$800mil offer for regional online retailer Souq.com, setting up a potential bidding war with Amazon.com.
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