Companies /Consumer Cyclical

Amazon.com Inc

NASDAQ: AMZN Internet Retail
$253.83
▼ $0.25 (−0.10%) today
Markets open · 3:05pm ET

AMZN Coverage Page 194

8:45am ET
Retail

Did Amazon Get a Good Deal for Souq.com?

Amazon has acquired Middle Eastern e-commerce company Souq.com for an undisclosed purchase price. The U.S. company was apparently able to beat back a last-minute offer from a Dubai-based buyer.

Paul Ausick