Souq.com bags Digital Business of the Year at Arabian Business StartUp Awards

The region’s leading e-commerce portal and online megastore Souq.com recently won the ‘Digital Business of the Year’ category at the first ever Arabian Business StartUp Awards.
The awards ceremony, which aims to recognise and celebrate the outstanding achievements of the country’s small business sector, took place recently at Dubai’s Emirates Towers and featured the attendance of the UAE’s finest entrepreneurs and StartUps.
The awards were selected by a judging panel, which created each shortlist based on a number of different factors including turnover, influence, growth, importance to the business ecosystem, and more. Ronaldo Mouchawar, CEO of souq.com, collected the Digital Business of the Year award on behalf of the company.
Upon receiving the award, Ronaldo said: “It is a great honour to be recognised for our leadership in the digital business industry in the UAE, and we will strive to continue to innovate and provide our customers with the best e-commerce services in the Arab World.”
“I would like to dedicate this award to all of our sellers who use Souq.com on an everyday basis to conduct business. Souq.com acts as a platform for many entrepreneurs to launch online businesses, and lots of our merchants have learnt how to scale their businesses through the services and benefits we provide, such as a huge buyer base, fulfillment and payment services as well as customer service allowing the business to focus on product selection as well as sourcing.”
“This achievement would not have been possible without their ongoing support and continued trust in the souq.com marketplace platform,” he concluded.
Background Information
Souq.com
Souq.com was established in 2005 to become the largest e-commerce site in the Arab world covering Saudi Arabia, UAE, Jordan and Egypt. Souq.com is the channel where thousands of buyers and sellers in the region meet on a daily basis to sell products over a trusted platform that offers both various local payment options and integrated delivery methods catered to the markets that they serve.