Search DubaiPRNetwork.com

Home >> Banking & Investments

SOUQ.com to acquire Wing.ae to enhance fast shipping options for customers

Wednesday, September 6, 2017/ Editor -  

Share

Home >> Banking & Investments

Wing.ae poised to grow and support even more businesses 

September 6, 2017 – DUBAI:  SOUQ.com today announced it has entered into a definitive agreement to purchase Wing.ae, a marketplace for merchants and couriers in the UAE, providing innovative mobile and web-based user-friendly delivery solutions for businesses and individual consumers. SOUQ.com previously invested in Wing.ae and will be acquiring 100% of the company. 

Wing.ae now has the full backing of SOUQ.com, a subsidiary of Amazon.com, and this investment demonstrates the continued commitment of all three companies to provide SOUQ.com customers with a world class experience. Wing.ae will continue to invest in growing its same and next day delivery service in the region, enabling greater convenience for Wing.ae’s customers, including SOUQ.com.

Ronaldo Mouchawar, SOUQ.com CEO & Co-Founder, comments: “At SOUQ.com, our customers will remain our key focus and we will continue to deliver an exceptional online shopping experience. Fast dependable delivery is key to this, and Wing.ae provides SOUQ.com customers with more convenience for their same and next day delivery. With Amazon’s support, we are putting all our efforts in providing an ever-improving shopping experience for customers in the Middle East.”

“The UAE is a leading e-commerce and smart hub in the region, and in this demanding business we work to fill the logistics supply gaps to offer customers the excellent service they want as fast as possible,” says Muzaffar Karabev, CEO and Co-Founder of WING.ae. “With the support of SOUQ.com, Wing will accelerate investments into our technology, infrastructure and regional coverage to provide innovative delivery solutions and to make online shopping for SOUQ.com customers and merchants even more convenient.”


Previous in Banking & Investments

Next in Banking & Investments


Home >> Banking & Investments Section

Latest Press Release

du Bags Service Hero 2017 Award for Best Customer Service

In 2018, the French Tech pavilion powered by Business France will be present in ...

Growth in Manufacturing pushes SIMCO to expand in to Oman and Kuwait as it boost ...

'Celebrate Mother's Day in 'Swiss Style' with Gilda from Eberhard & Co.

LG V30s Thinq With New Integrated AI Debuts at MWC2018

The Key Trends for the Luxury Goods Industry in 2018

P&G's Olympic Global campaign Love Over Bias celebrates diversity with the UAE's ...

Panasonic's LUMIX GX9 is the Ultimate Flat Compact Digital Single Lens Mirrorles ...

Nissan and DeNA to start Easy Ride robo-vehicle mobility service trial

Epson at GESS to showcase smart classroom solutions

Mashreq Bank Selects Blue Prism to Drive Innovation Across All Banking Functions

G4S UAE honours outstanding employees at annual awards

Cisco 2018 Annual Cybersecurity Report Reveals Security Leaders Rely on and Inve ...

Q4 2017 Akamai State of The Internet / Security Report Shows Botnets Shift Focus ...

WHAT SHE SAID PREMIERS IN THE MIDDLE EAST

Korean beauty brand ETUDE HOUSE partners with Alshaya to debut in the Middle Eas ...

Svitolina Beats Kasatkina to Win Dubai Duty Free Tennis Championships

Beautiful Freaks Jade Reborn

Mother of the Nation Festival returns to Abu Dhabi

John Lewis Home for Timeless Designs