Four in 10 UAE consumers experienced online fraud attempts while confidence in digital payments booms: Visa-Dubai Police-DED survey.
“There’s still a lot to do,” says Souq.com CEO
Speaking at the Seamless Middle East forum in Dubai today, Ronaldo Mouchawar, CEO and founder of Souq.com, said that the $580 million Amazon acquisition in 2017 put the UAE at the forefront of technology innovation, but there is still much to be done in the region’s e-commerce space.
What drives e-commerce growth
With e-commerce sales across GCC countries expected to reach $41.5 billion by 2020 according to reports, Reseller ME examines the factors for the sector’s growth.