The largest open trading success in Arab networking: Naspers $75 million trillion in Middle East souq.com investment

March 26 News, South African media giant Naspers recently to the Middle East version of Amazon souq.com investment 75 million U.S. dollars. Naspers Investment Souq.com is a milestone event for the Arab world that has resisted online trading.

Souq's deal has been the largest open deal in the Arab internet community since 2009, when Yahoo bought the Arab portal Maktoob 165 million dollars.

Souq's CEO, Ronaldo Mouchawar, also said that there was a series of changes taking place in the Arab world's internet sector, and more investment transactions would occur in the future.

German electric business incubator Rocket Internet acquired the fashion electric Dealer website Namshi, and helped it from J.P. Morgan and Blakeney Management have raised 20 million of billions of dollars and have received $13 million in investment from peak investment group.

Jordan's Discount website, markavip.com, has also been invested by the International Investor Hummingbird Group and Lumia capital of the US investment group. In addition, the U.S. Tiger Global Fund also invested in Dubai's triperna.com and cobone.com.

Last week, Webedia, a French digital-distribution company, entered the Middle East market through acquisitions. Webedia acquired Dubai's Diwanee,diwanee is a website that operates E-commerce and digital books for women.

Chris Schroeder, an American venture capitalist, said there is a huge potential in the Middle East market, although Western countries have not yet noticed the situation in the Middle East, but many regional and global investors have begun to take action.

According to industry sources, the Middle East countries in the Internet usage rate, mobile penetration rate and so on are at the highest level in the world, and Arab countries are spending more and more time online. But the electronic commerce in the Arab countries has been developing slowly due to the complicated buying process, and the low-level payment system and consumers ' low acceptance to online payment have hindered the development of the electric business.

To solve these problems, many companies have set up a logistics system for each market, and provide delivery and cheaper prices than physical stores.