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Souq (company)
Souq.com was the largest e-commerce platform in the Arab world. The company launched in 2005 in Dubai, United Arab Emirates. On March 28, 2017, Amazon.com Inc. acquired Souq.com for $580 million as a subsidiary. On May 1, 2019, Souq.com UAE became known as Amazon.ae, while on June 17, 2020, Souq.com Saudi Arabia, KSA became known as Amazon.sa. On September 1, 2021, Souq.com Egypt became known as Amazon.eg, marking the end of Souq.com. History The website was founded in 2005 by Ronaldo Mouchawar and was originally a consumer-to-consumer auction site part of Maktoob Group. In 2010, Wisam (Sam) Daoud joined Souq from eBay as Chief Technology Officer and led the transformation of the business from auctions to a fixed price catalog based business similar to Amazon.com. In late 2012 Asif Keshodia joined as CFO on the heel of Souq's first major funding round led by Cape Town, South Africa-based Naspers and New York City, NYC hedge fund Tiger Global Management. In March 2014, Naspers inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Amazon
Amazon most often refers to: * Amazon River, in South America * Amazon rainforest, a rainforest covering most of the Amazon basin * Amazon (company), an American multinational technology company * Amazons, a tribe of female warriors in Greek mythology Amazon or Amazone may also refer to: Arts and entertainment Fictional characters * Amazon (Amalgam Comics) * Amazon, an alias of the Marvel supervillain Man-Killer * Amazons (DC Comics), a group of superhuman characters * The Amazon, a '' Diablo II'' character * The Amazon, a '' Pro Wrestling'' character * Amazon (''Dragon's Crown''), a character from the ''Dragon's Crown'' game * '' Kamen Rider Amazon'', title character in the fourth installment of the ''Kamen Rider'' series Film and television * ''The Amazons'' (1917 film), an American silent tragedy film * ''The Amazon'' (film), a 1921 German silent film * '' War Goddess'', also known as ''The Amazons'', a 1973 Italian adventure fantasy drama * ''Amazons'' (1984 f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qatar
Qatar, officially the State of Qatar, is a country in West Asia. It occupies the Geography of Qatar, Qatar Peninsula on the northeastern coast of the Arabian Peninsula in the Middle East; it shares Qatar–Saudi Arabia border, its sole land border with Saudi Arabia to the south, with the rest of its territory surrounded by the Persian Gulf. The Gulf of Bahrain, an inlet of the Persian Gulf, separates Qatar from nearby Bahrain. The capital is Doha, home to over 80% of the country's inhabitants. Most of the land area is made up of flat, low-lying desert. Qatar has been ruled as a hereditary monarchy by the House of Thani since Mohammed bin Thani signed an agreement with Britain in 1868 that recognised its separate status. Following Ottoman Empire, Ottoman rule, Qatar became a British protectorate in 1916 and gained independence in 1971. The current emir is Tamim bin Hamad Al Thani, who holds nearly all executive, legislative, and judicial authority in an autocratic manner under ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oman
Oman, officially the Sultanate of Oman, is a country located on the southeastern coast of the Arabian Peninsula in West Asia and the Middle East. It shares land borders with Saudi Arabia, the United Arab Emirates, and Yemen. Oman’s coastline faces the Arabian Sea to the southeast and the Gulf of Oman on the northeast. The exclaves of Madha and Musandam Governorate, Musandam are surrounded by the United Arab Emirates on their land borders, while Musandam’s coastal boundaries are formed by the Strait of Hormuz and the Gulf of Oman. The capital and largest city is Muscat. With a population of approximately 5.46 million and an area of 309,500 km2 (119,500 sq mi), Oman is the Countries with highest population, 123rd most-populous country. From the 18th century, the Omani Sultanate was Omani Empire, an empire, competing with the Portuguese Empire, Portuguese and British Empire, British empires for influence in the Persian Gulf and the Indian Ocean. At its peak in the 19th ce ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bahrain
Bahrain, officially the Kingdom of Bahrain, is an island country in West Asia. Situated on the Persian Gulf, it comprises a small archipelago of 50 natural islands and an additional 33 artificial islands, centered on Bahrain Island, which makes up around 83 percent of the country's landmass. Bahrain is situated between Qatar and the northeastern coast of Saudi Arabia, to which it is connected by the King Fahd Causeway. The population of Bahrain is 1,501,635 as of 14 May 2023, of whom 712,362 (47.44%) are Bahraini nationals and 789,273 are expatriates spanning 2,000 ethnicities (52.56% of the country's population of 1,501,635). Bahrain spans some , and is the List of countries and dependencies by area, third-smallest nation in Asia after the Maldives and Singapore. The capital and largest city is Manama. According to archeologist Geoffrey Bibby, Bahrain is the site of the ancient Dilmun civilization. though locally the islands were controlled by the Shia Jarwanids, Jarwanid dyn ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Egypt
Egypt ( , ), officially the Arab Republic of Egypt, is a country spanning the Northeast Africa, northeast corner of Africa and Western Asia, southwest corner of Asia via the Sinai Peninsula. It is bordered by the Mediterranean Sea to northern coast of Egypt, the north, the Gaza Strip of Palestine and Israel to Egypt–Israel barrier, the northeast, the Red Sea to the east, Sudan to Egypt–Sudan border, the south, and Libya to Egypt–Libya border, the west; the Gulf of Aqaba in the northeast separates Egypt from Jordan and Saudi Arabia. Cairo is the capital, list of cities and towns in Egypt, largest city, and leading cultural center, while Alexandria is the second-largest city and an important hub of industry and tourism. With over 109 million inhabitants, Egypt is the List of African countries by population, third-most populous country in Africa and List of countries and dependencies by population, 15th-most populated in the world. Egypt has one of the longest histories o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwait
Kuwait, officially the State of Kuwait, is a country in West Asia and the geopolitical region known as the Middle East. It is situated in the northern edge of the Arabian Peninsula at the head of the Persian Gulf, bordering Iraq to Iraq–Kuwait border, the north and Saudi Arabia to Kuwait–Saudi Arabia border, the south. With a coastline of approximately , Kuwait also shares a maritime border with Iran, across the Persian Gulf. Kuwait is a city-state, most of the country's population reside in the urban area, urban agglomeration of Kuwait City, the capital and largest city. , Kuwait has a population of 4.82 million, of which 1.53 million are Kuwaiti nationality law, Kuwaiti citizens while the remaining 3.29 million are Expatriates in Kuwait, foreign nationals from over 100 countries. Kuwait has the world's third List of sovereign states by immigrant and emigrant population, largest number of foreign nationals as a percentage of the population, where its citizens make up less th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Japanese holding company, Nikkei, Inc., Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson plc, Pearson sold the publication to Nikkei for Pound sterling, £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. In 2023, it was reported to have 1.3 million subscribers of which 1.2 million were digital. The newspaper has a prominent focus on Business journalism, financial journalism and economic analysis rather than News media, generalist reporting, drawing both criticism and acclaim. It sponsors an Financial Times and McKinsey Business Book of the Year Award, annual book ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Wall Street Journal
''The Wall Street Journal'' (''WSJ''), also referred to simply as the ''Journal,'' is an American newspaper based in New York City. The newspaper provides extensive coverage of news, especially business and finance. It operates on a subscription model, requiring readers to pay for access to most of its articles and content. The ''Journal'' is published six days a week by Dow Jones & Company, a division of News Corp. As of 2023, ''The'' ''Wall Street Journal'' is the List of newspapers in the United States, largest newspaper in the United States by print circulation, with 609,650 print subscribers. It has 3.17 million digital subscribers, the second-most in the nation after ''The New York Times''. The newspaper is one of the United States' Newspaper of record, newspapers of record. The first issue of the newspaper was published on July 8, 1889. The Editorial board at The Wall Street Journal, editorial page of the ''Journal'' is typically center-right in its positio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emaar Properties
Emaar Properties (or simply Emaar) is an Emirati real estate development company located in the United Arab Emirates. The two largest shareholders are Dubai ruler Mohammed bin Rashid Al Maktoum and the UAE's sovereign wealth fund Investment Corporation of Dubai. It is a public joint-stock company, listed on the Dubai Financial Market, and has a valuation of US$16.8 billion as of August 2023 against the Net Asset Valuation of US$37.6 billion (AED 138.1B) as of December 2022 based on the valuation of assets done by third party valuer. Emaar has played a pivotal role in shaping the modern skyline of Dubai and has expanded its footprint internationally. Emaar Properties Dubai is one of the largest real estate developers in the UAE and is known for various large-scale projects, such as building Burj Khalifa, The tallest buildings in the world past, present and future, the tallest building in the world. History 1997–2005 Emaar Properties was founded and incorporated in 1997 by chair ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digikala
Digikala () is an Iranian e-commerce company based in Tehran, founded in July 2006 by Hamid Mohammadi and Saeid Mohammadi. Digikala offers a wide range of consumer products, which includes sports and entertainment goods, electronics, groceries, personal products, and digital products with a return option and express delivery service. The group also has subsidiaries involved in other areas of ecommerce. History and growth Digikala was founded in 2006 by the brothers Hamid and Saeid Mohammadi, prompted by an unpleasant experience they had trying to buy a digital camera. The pair used $10,000 of their own savings to start the company. The company's valuation was $150 million in 2014 and $500 million in late 2015. As of 2021, more than 4 million products have been offered for sale by nearly 160,000 sellers. In 2021, the platform had 30 million visitors per month and 17.2 million visits per day. In May 2022 it was ranked as Iran's 2nd most visited website. Digikala has benefit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tiger Global Management
Tiger Global Management, LLC (often referred to as Tiger Global and formerly known as Tiger Technology) is an American investment firm founded by Chase Coleman III, a former Tiger Management employee under Julian Robertson, in March 2001. It mainly focuses on internet, software, consumer, and financial technology companies. Background and history Chase Coleman III was a protégé of Julian Robertson and from 1997 to 2000 worked as a technology analyst for the firm, Tiger Management. In 2000, Robertson closed Tiger Management, and entrusted Coleman with over $25 million to manage, making him one of the 30 or more so-called " Tiger Cubs", fund managers who started their fund management careers with Tiger Management. In 2001, Coleman established Tiger Technology (which would be later renamed to Tiger Global Management, LLC), as a hedge fund to invest in the public equity market. In 2003, Scott Shleifer helped Tiger Global expand into investing in the private equity marke ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
