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Snapchatters ‘boosting online retail in GCC’Snapchat users in the two largest GCC economies are keen to search and buy online, with more than nine in 10 Snapchatters (96 per cent UAE, 91 per cent Saudi Arabia) having visited an online retail site or store in the past month. More… |
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Dubai’s $500m Mall.Global set for 2020 launchThe $500 million Mall.Global, the debut venture of the Dubai based tech firm, is due to go live by 2020 with over 2,500 brand stores and sequential launches across the GCC, India, North Africa, Europe, CIS and China. Mall.Global, More… |
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Amazon, Souq.com complete acquisitionAmazon and Souq.com, the largest online retail and marketplace website in the Arab world, have confirmed the official completion of the acquisition of Souq.com by Amazon. As the first step of integration, customers can now log on More… |
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Amazon, Souq.com complete acquisitionAmazon and Souq.com, the largest online retail and marketplace website in the Arab world, have confirmed the official completion of the acquisition of Souq.com by Amazon. As the first step of integration, customers can now log on More… |
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Online retail changing shopping experienceThe development and advancement of online retail will surpass traditional retail and transform the region’s consumers’ shopping experience, said a report. The sector is witnessing game-changing developments with indust More… |
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Souq.com appoints new operations, tech headsSouq.com, a leading online retail platform in the Middle East, has appointed Wisam Daoud as the new COO and Dinesh Ajmera, as the SVP of Technology to further expand the e-tailer’s technology and global operations. Daoud, wi More… |
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Marka to sell online with Souq.comMarka, a major retail operator in the UAE, today announced its partnership with e-commerce leader Souq.com in a move that will see the company offer sportswear and eventually fashion items online. Marka has started offering a vari More… |
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Amazon plans to sell $50 tabletOnline retailer Amazon.com Inc plans to release a $50 tablet in time for the holiday season, the Wall Street Journal reported, citing people familiar with the matter. The 6-inch screen tablet comes with a mono speaker and is price More… |
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Saudi retail growth curbed by high mall rentalsHigh rental rates in the top-tier malls are deterring the growth of Saudi Arabia’s retail market, a report said, noting that the kingdom is currently facing a great challenge due to scarcity of human resources owing to high attrition rates More… |
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Mall rental rates curbing retail growth in SaudiHigh rental rates in the top-tier malls are deterring the growth of Saudi Arabia’s retail market, a report said, noting that the kingdom is currently facing a great challenge due to scarcity of human resources owing to high attrition rates More… |
