Companies /Consumer Cyclical

Amazon.com Inc

NASDAQ: AMZN Internet Retail
$248.05
▼ $6.55 (−2.57%) today
Markets open · 12:03pm ET

AMZN Coverage Page 200

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