How can I sell on Souq from India?

How selling works?

1. List your products on Souq.com.
2. Buyer orders one of your products.
3. Pack and prepare to ship this order.
4. Courier picks it up and delivers it to the buyer.
5. You get paid through our website.

Can I trust Souq?

Souq is considered to have the one among the best online portal platform when compared to other competitors in the same segment. So, overall, Souq is entirely legit. It’s just, as consumers we would have to be a little careful while purchasing things online.

How much did souq sell for?

Souq.com and Amazon complete $650m acquisition deal | Arab News.

Who is the founder of Souq com?

Ronaldo Mouchawar
Souq/Founders

Ronaldo Mouchawar (Arabic: رونالدو مشحور‎), is a Syrian entrepreneur. In 2005, he co-founded Souq.com, the largest e-commerce retailer in the Arab World. When Amazon acquired Souq in 2017, Mouchewar became vice president of Amazon Middle East and North Africa.

Who was the owner of Souq com?

Amazon.com
Souq/Parent organizations

What happened to Souq com?

On March 28, 2017, Amazon.com Inc. acquired Souq.com for $580 million and became its subsidary. On May 1, 2019, Souq.com UAE became known as Amazon.ae, while on June 17, 2020, Souq.com KSA became known as Amazon.sa. The Egyptian site as well turned into Amazon.eg on September 1, 2021.

How to sell products on Souq?

Selling on Souq Product Type – Select the right category that your product belongs to. You can utilize the search box option from above… Selecting The Product – Once your product type is confirmed, the system will generate a list of the matched products… Listing Products (Catalog Existing) – If

Why is beyond Souq so successful?

Beyond Souq’s direct success are the opportunities we have created for others: Many merchants on our site have expanded from selling fewer than a dozen products a week to turning over millions of items and dollars each year. Small wonder that Amazon decided in March of this year to acquire Souq rather than enter the region directly.

Is Souq a payment company?

Eventually we made the payment business its own company, led by Omar Soudodi, a key member of the Souq team. Launched under the brand PayFort, it has since become the leading online payment provider in the Middle East, and Souq transactions make up less than half its business today.

Why did Amazon buy Souq?

Small wonder that Amazon decided in March of this year to acquire Souq rather than enter the region directly. Given our installed base and integrated payment and delivery operations, it will be much easier for Souq and Amazon to expand e-commerce in the region together than they could as separate businesses.