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Amazon clinches deal to buy Middle East online retailer
March 28, 2017 / 8:52 AM / 9 months ago

Amazon clinches deal to buy Middle East online retailer

DUBAI, March 28 (Reuters) - has agreed to acquire Middle East online retailer,, the two companies said in a joint statement on Tuesday.

The value of the deal was not disclosed.

“By becoming part of the Amazon family, we’ll be able to vastly expand our delivery capabilities and customer selection much faster, as well as continue Amazon’s great track record of empowering sellers,” said’s co-founder, Syrian-born entrepreneur Ronaldo Mouchawar.

Reuters reported last week that Amazon had agreed in principle to buy, the Dubai-based company which was started 12 years ago by Mouchawar. (Reporting by Alexander Cornwell; Editing by Greg Mahlich)

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