By FDI Creative Services on 05/24/2017
Category: Security News

Dubai's Emaar buys Namshi stake after Amazon buys Souq.com

DUBAI/FRANKFURT (Reuters) - Dubai's Emaar Malls will buy a 51 percent stake in e-commerce fashion website Namshi from Germany's Rocket Internet for $151 million as competition for technology deals heats up in the Middle East.

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