Amazon-Owned Souq Takes Wing To Expand Delivery In Middle East

Amazon’s desire to expand its Prime service is rubbing off on its subsidiaries. Middle Eastern e-Commerce powerhouse Souq has acquired Wing, a United Arab Emirates (UAE)-based startup that is building out a courier network for same-day and next-day deliveries for various e-Commerce marketplaces (including

Terms of the transaction have not been disclosed. The two companies have partnered in the past, with Souq previously making an undisclosed investment in Wing.

Amazon, through Souq, is likely hoping that the Wing acquisition will allow it to offer fast, inexpensive delivery options in the Middle East and North…