Are Shares of Amazon Set to Soar?

Are Shares of Amazon Set to Soar? E-commerce giant Amazon announced its purchase of the Middle East’s biggest online retailer Souq.com on Tuesday 28 March. Clinching the deal to buy 100% of the company for an undisclosed amount, Amazon’s announced purchase came just one day after its newly acquired firm disclosed a $800 million counteroffer. Describing the purchase as expanding Amazon’s influence into the Mideast, the US firm will now own the largest online retail platform in the Arab world, Read More

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