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Mideast online retailer Souq.com raises $275 million from investors: Reuters

Middle Eastern online retailer Souq.com has raised $275 million from a funding round with investors to support its future growth, it said on Monday, in the largest-ever fundraising in the region’s e-commerce space. The Middle East’s technology sector, including e-commerce, is growing rapidly due to the region’s young and tech-savvy…

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