50 KEY UAE BRANDS
Mon 30 Apr 2018 11:29 AM
Souq.com

Headquarters Dubai

Sector Retail

Forecasting huge demand in what was then still a nascent e-commerce industry in the region, in 2005 Ronaldo Mouchawar co-founded Souq.com after Yahoo acquired his Arabic-language portal Maktoob.

Over the last decade, the brand grew to become the largest e-commerce retailer in the region, and in 2017 was bought by e-commerce giant Amazon for $580m.