US-based Tiger Global Management has reportedly boosted its
investment in Dubai-based online retailer Souq.com during a fundraising
round.
Bloomberg reported on Tuesday that Souq.com raised $150 million and may seek more funding as part of plans to raise $300 million, citing two people with knowledge of the matter.
http://www.arabianbusiness.com/dubai-s-souq-com-said-have-raised-150m-in-fundraising-round-597162.html#.VYmBI0a2V3s
Bloomberg reported on Tuesday that Souq.com raised $150 million and may seek more funding as part of plans to raise $300 million, citing two people with knowledge of the matter.
http://www.arabianbusiness.com/dubai-s-souq-com-said-have-raised-150m-in-fundraising-round-597162.html#.VYmBI0a2V3s
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