Dubai’s souq.com receives more than $275m from investors

Funding is the largest amount to be invested in a Dubai etailer to date

Ronaldo Mouchawar, CEO and Co-founder of souq.com

Dubai-based online retailer souq.com has received funding of more than $275m from international investors.

The funding is the largest for an e-tailing portal in the region to date and the investment will be used to strengthen the portal’s core operations and support future growth.

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