Ronaldo Mouchawar | Gulf Business

Ronaldo Mouchawar

Few people can claim to have had as good a year as Souq.com’s Ronaldo Mouchawar. His company’s long-awaited deal with Amazon finally happened, with the American giant paying a reported $580m – $750m to buy Souq. Mouchawar has stayed on as CEO and is leading Amazon’s e-commerce business in the Middle East – expanding his…

Few people can claim to have had as good a year as Souq.com’s Ronaldo Mouchawar. His company’s long-awaited deal with Amazon finally happened, with the American giant paying a reported $580m – $750m to buy Souq. Mouchawar has stayed on as CEO and is leading Amazon’s e-commerce business in the Middle East – expanding his already sizable command over the region’s online retail industry. The company’s sales are also growing – most notably during its annual White Friday sale, that last year saw twice as many items sold than 2016. Not bad for the firm that was started in 2005 as a small auction site on the now non- existent Maktoob portal.

CEO, Souq.com

Origin:Syria

Residence:UAE

Sector:Retail

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