About Amazon
Amazon is a Retail company based in Dubai (United Arab Emirates) founded in 2005, and was acquired by Amazon in March 2017. Multi-category products are sold via an online marketplace platform. It operates on a Two-Sided Marketplace model. Amazon has raised $350 million across 3 funding rounds from investors including Amazon, International Finance Corporation and Naspers. The company has 1,189 employees. Amazon has completed 2 acquisitions, including Sukar and Wing Delivery. Amazon was last valued at $1 billion in February 2016. Its website souq.com draws about 20 thousand monthly visits. Amazon offers products and services including Online Retail. Its focus areas include E-commerce and Online Marketplaces. Its legal entity is Amazon.com, Inc. Its competitors include noon, Yallamarket and Wadi; 2 of its 3 listed competitors have raised funding.
Company details
A wide range of products are sold through an online platform by Amazon. Operations are conducted in multiple regions, focusing on e-commerce solutions. Various categories including electronics, clothing, and household items are covered. Customer convenience and vast selection are prioritized in the marketplace model.
Products & Services of Amazon
Amazon offers a comprehensive portfolio of products and services, including Online Retail.
Online retail services are provided for various products.
Funding Insights of Amazon
Amazon has successfully raised a total of $350M across 3 strategic funding rounds. The most recent funding activity was a Series D round of $275 million completed in February 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $350M
- Total Rounds 3
- Last Round Series D — $275M
- Investors Count 17
All 3 funding rounds of Amazon with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2016 | $275M | Series D | $1B | IFC, Baillie Gifford | |
| Mar 2014 | $75M | Series C | – | Naspers | – |
| Oct 2012 | Series B | – | Naspers, Tiger Global Management |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2016 | $1B | •••••••• |
Last known valuation $1B (Feb 2016). 17 investors in total: 17 institutional.
Investors in Amazon
Amazon has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Amazon, International Finance Corporation and Naspers.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global investments in early and growth-stage tech firms are conducted. | 1915 | naspers.com | Cape Town, South Africa | |
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Acquisitions and buyouts are targeted by the private equity firm. | 2000 | affirmacapital.com | Singapore, Singapore | |
Private equity investments are backed by a single-family office firm. | capital.vulcan.com | Seattle, United States | ||
Growth stage tech & life sciences focused VC Firm investing in Asia and the US | sandscapitalventures.com | Arlington, United States | ||
Tech & Offline focused VC firm investing in seed & growth stage startups in the US & UAE | wamdacapital.com | Dubai, United Arab Emirates | ||
| sanedpartners.com | ||||
Capital is mobilized and invested in sustainable emerging market companies. | ifcamc.org | Washington, Dc, United States | ||
Tech investments are made by Zeno Ventures across US stages. | zenoventures.com | Geneva, Switzerland |
Investor details for Amazon
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Investments & Acquisitions by Amazon
Amazon has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Sukar and Wing Delivery.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Courier services in UAE are booked via an app-based marketplace. | wing.ae | Dubai, United Arab Emirates | 2016 | Sep 2017 | •••• | |
Online private shopping club in middle east nations | sukar.com | Dubai, United Arab Emirates | 2010 | Apr 2012 | •••• |
Complete acquisition details for Amazon
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Timeline of Amazon
7 dated milestones of Amazon across 12 years, from founding to its latest funding, stage changes and deals.
- Founded Amazon is founded.
- Acquisition Acquires Sukar.
- Funding First funding round.
- Funding Latest funding round, Series D, of $275.0M.
- Milestone Reaches Unicorn status.
- Exit Acquired by Amazon.
- Acquisition Acquires Wing Delivery.
Competitors of Amazon
Amazon has 3 listed competitors in our database, 2 of them funded. They include noon, Yallamarket and Wadi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| noon.com | 2016 | Dubai, United Arab Emirates | Multi-category consumer products are sold via an online marketplace platform. | |||
| yalla-market.com | 2021 | Dubai, United Arab Emirates | $10.5M | Multi-category grocery products are offered via an online platform. | ||
| wadi.com | 2015 | Dubai, United Arab Emirates | $97M | Online horizontal marketplace is operated for Middle Eastern countries. |
Detailed competitors of Amazon
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Web traffic of Amazon
The website of Amazon (souq.com) receives about 20.1K visits a month.
- Monthly visits20.1K
▲ 32% vs previous month
Websites whose visitors overlap most with Amazon. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| ebay.com | 100% | 666.1M | #42 | View details | |
thedubaibazaar.com | thedubaibazaar.com | 94% | – | ||
| mstaml.com | 72% | 235.2K | #179,572 | View details | |
aswaqcity.com | aswaqcity.com | 69% | – | ||
| dubizzle.com | 63% | 7.4M | #4,688 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Amazon
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Top companies in Marketplaces & General E-Commerce
2 companies that operate in the same segment as Amazon (Marketplaces & General E-Commerce) in United Arab Emirates, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Rides and deliveries are facilitated via a mobile app platform. | 2012 | Dubai, Dubai, United Arab Emirates | USD 771.7 M | 6,360 | ||
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | 4,683 |
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Related news about Amazon
Complete news archive for Amazon
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Frequently Asked Questions about Amazon
Amazon was founded in 2005 and raised its 1st funding round 7 years after it was founded.
Amazon is headquartered in Dubai, United Arab Emirates. It is registered at Dubai, Dubai, United Arab Emirates.
Amazon is a funded company, having raised a total of $350M across 3 funding rounds to date.
Amazon has 1,189 employees.
A wide range of products are sold through an online platform by Amazon. Operations are conducted in multiple regions, focusing on e-commerce solutions. Various categories including electronics, clothing, and household items are covered. Customer convenience and vast selection are prioritized in the marketplace model.
Amazon's top competitors include noon, Wadi and Yallamarket.
Amazon offers Online Retail.
Amazon has made 2 acquisitions, including Sukar, and Wing Delivery.
Amazon has 17 investors. Key investors include Amazon, International Finance Corporation, Naspers, Affirma Capital, and Baillie Gifford.
The valuation of Amazon is $1B as of Feb 2016.
Amazon operates through Amazon.Com, Inc..
Yes. Amazon was acquired by Amazon in March 2017.