British Expats

British Expats (https://britishexpats.com/forum/)
-   The Sand Pit (https://britishexpats.com/forum/sand-pit-116/)
-   -   souq.com (https://britishexpats.com/forum/sand-pit-116/souq-com-887987/)

The OneEyedMan Nov 24th 2016 5:04 pm

Re: souq.com
 
BTW these online vendors can bring in serious money. I remember jadopado starting up a few years ago as a small-time experiment. Now it's worth dh100M!

As Millhouse says, Amazon is eyeing up souq.com, with an estimated price tag of $275M!

Millhouse Nov 24th 2016 6:08 pm

Re: souq.com
 

Originally Posted by The OneEyedMan (Post 12114213)
BTW these online vendors can bring in serious money. I remember jadopado starting up a few years ago as a small-time experiment. Now it's worth dh100M!

As Millhouse says, Amazon is eyeing up souq.com, with an estimated price tag of $275M!

That's for 30pct. Valuation is nearer 1bn.

Would love to know when flood has his bad expeirence with souq. They have really improved in last 2 years or so. Especially on logistics.

flood2 Nov 24th 2016 6:25 pm

Re: souq.com
 

Originally Posted by Millhouse (Post 12114235)
That's for 30pct. Valuation is nearer 1bn.

Would love to know when flood has his bad expeirence with souq. They have really improved in last 2 years or so. Especially on logistics.

This month!

Bahtatboy Nov 24th 2016 10:28 pm

Re: souq.com
 
Amazon's usually excellent, but they don't have seamless connections between their ordering system / couriers / support staff. When I've had problems before they've usually sorted it out fine, but this week's been a nightmare ... they'll need to have their systems down to a fine art to get it working well in the Middle East. Still, huge opportunities for them.

archie159 Nov 25th 2016 10:09 pm

Re: souq.com
 
I've used them often, no problems. But I rarely buy from the marketplace vendors, just from Souq itself.


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