Emerging region sees staggering ecommerce growth

Global Marketing News - 30th July 2015 Souq.com eyes 100% growth in 2015 The Middle Eastern ecommerce giant Souq.com has predicted that it will see 100% growth this year. Souq had an annual turnover of 500 million UAE Dirhams last year, and hopes that sales will double to 1 billion this year, equivalent to 272 million US dollars. Souq is popular throughout the Middle East and Egypt and has warehouses in every country that it operates in. The site has around 600,...