Standard Chartered Private Equity announces a US$ 50 million equity investment in Souq.com
Standard Chartered Private Equity has made a $50 million equity investment, as part of a $275 million consortium, for a minority stake in Souq.com , the Middle East's largest online marketplace. The investment will support the company's growth, strengthen e-commerce in the region, and empower more businesses to grow online….
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Source: Standard Chartered Private Equity