Amazon launches a new Middle East marketplace, Amazon.ae, two years right after purchasing Dubai-primarily based e-commerce firm Souq.com for $580M, which it will close (Eugene Kim/CNBC)

0
16




Eugene Kim / CNBC:

Amazon launches a new Middle East marketplace, Amazon.ae, two years right after purchasing Dubai-primarily based e-commerce firm Souq.com for $580M, which it will close&nbsp &mdash&nbsp Important POINTS&nbsp &mdash On Tuesday, Amazon announced the launch of Amazon.ae, a new marketplace targeting the Middle Eastern market place.